Huge Announcement - MicroAcquire raises $50,000

Dude, fuck, yeah. Just hit it. All right, man.

All right.

So, guys, Deck, you see that tweet thread today, man?

Yeah. And I want to try this out, dude. So my. My first question before we started recording was like, well, I get Nathan, will I get money right now if I do this?

Yeah. The thing that's gonna take the longest is literally however long the wire takes to hit it. But, yeah, you can, like, click a button, get capital instantly.

Okay, can I share my screen and, like, you all can do this.

This is my dream to get behind.

And it's like, are we talking like, one day, two days?

It's like a wire under 24 hours.

Dude, that's freak.

Many hit today. Like, we just. Actually, I'm like, I'm tracking live. We put out about 1.4 million so far across 46 founders. So it's great.

And we're doing this at 8:22. I just read about it. I just read about founder Path, and I was like, this is. Every founder needs something like this. Like, if you can get capital without investors and without getting diluted, like, bet on yourself over investors, for sure.

I mean, you did this. I mean, you did this with business apps, right?

That's what I personally did. You know, I mean, selling a business for 10 million bucks is freaking awesome. You know, 5 million, 1 million, like, but once you get investors involved, those options go off the table. Like, you raise an 8 million valuation, your expectation is to sell for $100 million. Like, but if you sell for $100 million, you might only get, like, $10 million. Like, I literally know founders like this.

Walk me through.

So the reason we're doing.

I'm timing this. I'm timing this.

Well, the reason we're. Tell me how to get money, man. That's why I' and sharing the screen.

This is super cool, right? So you've got micro requires. Yeah, microcars are growing like crazy, right? So you've got a bunch of things maybe you want to test for marketing and stuff. So select some of these customers that are paying you by the hitting the plus button. It takes us. Yeah. If you hit it once, it'll turn green eventually. Just slightly delayed.

Can I select all of them at once?

Yeah. So click select Max payout. Because you've got a bunch of, like, you're a low arpu, high volume play. Others are a high acv, but low, like, customer count.

Oh, here we go. Cool.

So boom, There you go.

So I'll literally get 52,000 today.

Not 52, 50,727 40 today. We're 55 seconds in.

And what's like the terms and stuff like that?

First you have to decide what bank you want us to send it to. This is obviously how wires work. We love Mercury.

You gotta edit this out. Yeah, shout out to Mercury too. Mercury. So I literally just switched over from bank of America.

Yeah, we love these guys.

And Mercury is baller. So if you're a startup, highly recommend.

Yeah, we'll clean this piece up.

Yeah, you gotta blur out all my stuff.

Yeah, well, you have the recording. We'll just. You'll send me whatever we can use.

I was just gonna send you the wrong one.

Dude, this is like Christmas for me. There's nothing I enjoy more than getting capital to bootstrappers.

All right, so I just like this and then this, and then I'll have cash tomorrow.

Yep. So literally what's happening now is this is hitting my admin dashboard. Okay, hold on. Wait, Click. Is this. So is this a bug that's happening or is it. So it's loading?

No, I just haven't clicked it. I'm just like. I don't know, like.

Yeah, so boom, there you go. So now, well, so hold on. So let me look on my screen right on my back end. So what I'm going to see is founderpath.com when founders submit a deal like you just did, I'm viewing it. So I see that you just asked for 52,727. I can click approve payout. Because your credit score, your SaaS credit score is really good. So what is this? I mean, you're doing how much in MRI right now? 260 an ARR, right? Yes. Yeah. So 260 divided by 12. So you're doing about 20,000, $22,000 a month right now in revenue. So we're going to advance here about 2.5x of your total monthly recurring revenue right now. And the cool thing is in 15, 20, 30 days, you can come back and take more capital. You'll get an email from me. It'll say, congrats, Andrew, you've unlocked another 50 grand.

This is incredible. And then you get these free growth. I feel like a salesperson for your. Your startup. Dude, this is sick.

You know the business well, though. I mean, you've to. You mean you have to. Bullshit. You've used all the other reporting tools, right? Profit well is pretty, you know, the.

Standard I really have.

You have a very cool reporting tool for founders now on micro acquire too, right?

Yeah. See, we should integrate this thing I integrate with all the ones that you could probably name, but this is slick, dude. All right, man. So I got my capital. No investors that I could have done. I really could have gotten that capital in probably 60 seconds if I, like, wasn't asking you questions and stuff.

3:30. 3. 3 minutes, 33 seconds. So, like, like, literally, I can approve it today. Tomorrow, you send me a screenshot of the money hitting your bank. We'll put you in this tweet thread, dude, and we'll get you built into this stuff. This will be tons of fun. And I. Look, I'm so bullish on what you're building. I mean, it's like, you know, the other players, like, 15, 10. Ridiculous, dude.

Awesome product. This is amazing. This is going to be huge, man. This is, like, literally game changing for founders. If you need capital and, like, you have, like. I know what I'm going to do.

I'm like, what do you spend on.

I'm probably going to hit the gas on R and D a little bit. I want to build an escrow system into microquire. I want to really revamp some. I want to make it just the slickest platform. So I got some plans there that I'll share.

Boom. Cut.

That will help grow microcurrent faster. So no dilution.

Founder path, baby.

Just get some swag and send it to me.

Yeah, I would love that. We need to get some swag. What should we do? Hats, socks, underwear, shirt, sweatshirt.

Let me. How do I turn this freaking.

Oh, it's really tough. Bottom right of the screen, there's a square stop button, like a tape recorder.