Andrew GazdeckiSerial Entrepreneur Driving Startup Acquisitions

Startup Acquisition Stories Podcast with Minh-Phuc Tran, Founder of Queue.so

14 Apr 2023

Watch on YouTube

This is a YouTube video titled "Startup Acquisition Stories Podcast with Minh-Phuc Tran, Founder of Queue.so" containing a podcast conversation recorded in April 2023. The discussion features Minh-Phuc Tran interviewing another speaker about choosing the right buyer for a startup acquisition, focusing on buyers who conduct thorough pre-due diligence and have developer teams to further develop the product.

So you got all these buyers, now you got to find out who's the right one to work with. How did you end up deciding to sell to this specific buyer?
The buyer, he's not a developer, he's not an indie hacker, he own a VC or he work at a vc. So he basically buying a few different products and he have like a developers team that would just like develop that product further. The guy seemed to need a lot of research he already know about like how the product is doing, how many followers on the SEO ranking, on the SEO research. All of these things I didn't even know about really want to buy the product.
Those are my favorite buyers, ones that do pre due diligence because there's a lot of ways to look at website traffic, looking up your Twitter page and any mentions from happy customers, stuff like that. Using the product, great way to stand out because like you said, you had a lot of buyers reach out and then you sold to someone who had done their homework and the calls are so much more productive that way.