Andrew Gazdecki built MicroAcquire to connect startups with buyers for acquisition, focusing on companies too small for venture capital or private equity. He charges no fees, betting that helping founders sell their companies is better than taking a cut.
So let's bring that passion to the present day. So you recently founded and launched Microacquire. So to start, tell us about what Microacquire is and then what was the passion behind building that? Yeah, so I actually, I took a point out of your book. You know that quote that you said where it's basically like, you know, just do something free for like a year and then monetize it. Yep. Yeah, so, okay, so Mike requires zero business model. What I currently spend my day doing is really what I'm passionate about. I love speaking with entrepreneurs, love helping them just advise on their business. I love talking to, you know, other entrepreneurs on the other side that may be looking to acquire a company. So to answer your question, now I just spend all day helping startups get acquired completely free. Because the other routes to getting acquired is number one, you can, you know, hope that, let's say Google knocks on your door one day. But you know, most startups are sold, not bought. There's a common phrase in startup land, you know, most like the best startups are bought, not sold. From my experience, typically startups are sold, not bought. Unless you're in the 1%, you're slack, growing like crazy or whatever. But you know, there's a lot of entrepreneurs who build these like really, really good businesses, you know, doing between, let's just call it like a couple hundred thousand a month, you know, up to, you know, a couple million a year. Not growing fast enough for venture capital. Probably too small for traditional private equity. And so they can work with, you know, a broker that'll take like 10% or an investment bank depending on the size of the business. And so I really just, you know, given that I sold to a private equity for myself, I just mapped out all the private equity firms that are SaaS buyers and I just help entrepreneurs, you know, potentially get acquired. So do it completely free. Haven't figured out the business model to that yet, but yeah, very, very long winded answer to your question. But yeah, Microacquire helps startups meet potential buyers.
