Looking to Partner / Acquire post-revenue SaaS Projects.

Hey Spence, have you been interviewed on any podcast on youtube? I feel like I've heard this process somewhere

Happy to discuss this man! Sounds interesting and I've been acquiring and look to acquire more projects matching what you described. My Twitter is @arianadeliii, will send you a DM.

Off-topic, but cool personal site. Did you design it or had someone else?

Hey Spencer, I'm looking to do the same thing. I'm a PM at a tech company on the investment committee. I've been looking for some SaaS companies to purchase, add some value or vertically integrate, and potentially sell to a lower-middle PE firm. Would love to chat to see if we have the same vision and goals.

You should sign-up for buysellstartups.com - got a ton of cool projects up for sale :)

Let me know if you acquire anything. I'm similarly looking to do a roll up. I can handle any and all the tech stuff. A partner like that is much more valuable than a stable of low breadth programmers with their own special title: "Python Back-End," "Vue.js Front-End," "C++ Historian," etc

My advice: A lot of these businesses can make a decent bump in margins if their code is in something god awfully slow like python or javascript. I'm not talking about a whole, lengthy refactor either. Performance analysis will show what sections of code spend the most time running, and you can get a crazy range of performance improvements from like 40-1000's of times less compute cost by replacing it with something respectable, like Rust.

These would be the easiest companies to value add, to me. The expenses are high at sale which lowers the cash flow multiple, and fixing it is fast, surgical and usually shockingly straightforward (like replacing a couple python for-loops and suddenly you got the 80/20 effect).

I'm looking for a partner to handle the financing and deal making stuff. My role will be the optimization and consolidation of assets. I'm a lot of things, but I'm first an foremost an engineer, therefore its my default mode to optimize and consolidate. Seeing things not so just burns my soul.

Anyways, I have considerable breadth and depth of knowledge in a couple industries. I'm not picky about the industry, I'm just looking for solid partners to cover my weaknesses. SAAS is something I wouldn't need any time or help getting up to speed on in terms of understanding the market, and I'm seemingly the only engineer who is simultaneously a millennial and capable of not limiting myself as an engineer by pretending the kind of code I write is my horoscope and going outside that zone is akin to learning Mandarin. My approach to engineering is 110% boomer approved, "just shut up, stop being so shit, get it done, and then complain about it."

Spence, look at https://easyinvoicemanager.com

I've got an interesting pre-revenue project... https://clapsify.com/ - left the project because our initial team was not the right one to execute, but has lots of potential... https://clapsify.com/assets/pdf/clapsify.pdf