6 Months in to buying micro SaaS businesses - A Few Lessons Learned

Thanks for sharing! Very thought provoking - just finished a sale recently so this is all fresh in my mind - and got a few follow up questions:

I didn't figure out from the post (or from another few articles you have on your blog), do you usually buy to operate (& take cashflow) or flip?

As I understand it you've got 3 tech persons on team, I assume you're spreading operations for these amongst yourselves, do / can you also do the same for support (& financial ops if needed)? Having good support framework in place (one that does the job well and doesn't cost/stress you out too much) is crucial, wondering if you can take advantage of any synnergies here since you've got multiple businesses.

How many businesses have you bought since you started? (Edit: looks like 4 - https://www.xoxo.capital/portfolio)

Do you (the fund) have investors (LPs)? I imagine having outside investors would make it harder for you to take the "operate & take cashflow" - does that put pressure on exiting and what time frame are you aiming at?

Again, thanks for doing this in the open, looking forward for more insights!

Thanks for sharing... totally agree with "This is where 80% of the work is"

Thanks for sharing - I'd be interested in a more hands-on example of one of your acquisition examples, that'd be awesome.

Great write up. Good luck on selling the SaaS you want to sell.

That's a so interesting piece! Thanks for the share