How You Can Start Implementing AI in Your Marketing Campaigns With Eric Vardon | Podcast #30
08/07/2020An Unusual Round of Founding & Unusual Times to Launch a Startup with Rand Fishkin | Podcast #32
08/13/2020Andrew Gazdecki is a storyteller and has been an entrepreneur for a very long time, he started his first company, Bizness Apps, while still in college, which was an affordable mobile app development platform for small businesses, and initially, raised around $100,000 in funding. By the time Bizness Apps was acquired by private equity firm Think3, they had grown to $10M in annual recurring revenue, operating in 40 countries, and employing over 100 people.
His second business, Altcoin.io, was a decentralized exchange (DEX) for trading digital assets, by trading on their decentralized, non-custodial platform, traders could protect their assets. Altcoin.io became a champion of security in a market dominated by custodial platforms that put users’ funds at risk. By challenging the status quo, they were defending the rights of traders everywhere – a story that their prospects loved. This eventually led the company to be acquired by global investment firm BnkToTheFuture.
During this interview we cover:
- 01:54 – How Andrew, as a College Student, Built BiznessApss in 2010
- 13:28 – At $10 MMin ARR, Was Exiting the Right Decision?
- 23:12 – Building Microaquire & Current Vision
- 32:43 – Streamlining the Sales Process of a SaaS company
- 37:31 – What’s more important, the content you publish or where you publish it?
- 45:42 – Long-Term Strategies in the Market for Buyers & Sellers on the Post-Covid Environment
- 49:16 – What has Changed on Acquisition Deals, & Some Trends As Startups Emerge from Lockdowns
- 50:46 – Valuations that Sell Quickly in 2020 and Comparison from 2019
- 52:22 – How Does the Rest of 2020 Looks like for Andrew Gazdecki
- 58:44 – Outro
Mentions:
Terms:
People:
Companies:
Get in touch with Andrew:
Tag us & follow:
More about Akeel: