The Rationale Behind a $27M Acquisition
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The Rationale Behind a $27M Acquisition
Seeing lots of new media companies being right now.
I love it!
However, be careful building generalized media.
B2C media is a graveyard.
- huffington post
- buzzfeed
- vice
- complex
- mic
- mashable
- ozy
- quartz
Build for everyone and you build for no one.
Instead study B2B media.
- industry dive
- freight waves
- the information
- s... See more
There are literally millions of such businesses whose owners are motivated to sell at any given time, and the market is highly inefficient, which means opportunities abound for the savvy investor.
Roland Frasier • Business Wealth Without Risk
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Lightspeed • Firehose #163: 👥 Social recall. 👥
Typical enterprise software companies spend approximately 7-15% of their enterprise value on customer acquisition. L1 Web3 companies spend 29-95%.