Featured Stories
Profitable from Day One : How a Bootstrapped SaaS Found a Successful Exit
“My key priority was securing a buyer capable of both shaping a long-term strategic vision for DropFunnels and seamlessly transitioning ownership. The team at FE International had already identified the perfect buyer within their extensive network, ensuring a perfect match for the company’s future growth. ”
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Amazon Market Reversal, LinkedIn Stories, the Best Shopify App Deals: Newsletter November 23, 2018
Amazon has this week reversed the decision to block the Australian market from US e-commerce sales. A change in the Australian tax code required businesses making more than $75,000 AUD to charge 10% goods and services tax on low-value imports, leading Amazon to revoke availability of US inventory from Australian shoppers. Following backlash from Australian consumers, US products sold by Amazon itself are now available to Australian shoppers. This reversal has opened Australian consumers to 500 million products, up from 80 million, ahead of the Black Friday and Cyber Monday kick off to the shopping season.
Derrick Reimer
Over the past decade, our team has adapted and fine-tuned the marketing and acquisition process to create a proven and efficient model that gets results for buyers and sellers alike. In this video, Derrick Reimer, a serial SaaS business founder shares his experience with award-winning global M&A Advisor, FE International, to successfully sell CodeTree.
Chad DeShon
SaaS Business Founder Chad DeShon shares some of his experiences using FE International to sell his business.
Dave Churchville from ExtremePlanner Software
“FE did a great job of managing the sales process from end to end. From the initial conversations, they set realistic expectations on what was likely to happen, effectively marketed my business, and were able to attract multiple solid offers within 1 to 2 months. As a first-time seller, I was very happy overall with the end result, as well as how they handled the entire process. ”
Cisco Stock Jumps +5%, Walmart Q3 Earnings Report, LinkedIn Company Pages Rebuild: Newsletter November 16, 2018
Cisco’s stock rose 5% Wednesday following a higher-than-anticipated Q1’19 earnings report. With revenues of c.$13.1 billion for the company’s first fiscal quarter (1.5% above forecast), earnings per share came in at $0.75 (vs. $0.72). The stock jump comes just a week after the enterprise tech leader announced a partnership with Amazon Web Services to bring container development solutions to developers beginning to build in the cloud. Cisco’s stock is up 14% YTD.
Cisco Partners with AWS, Amazon HQ2, Bing Ads Scripts Launches Beta: Newsletter November 9, 2018
Cisco has this week announced a partnership with Amazon Web Services (AWS) in a hybrid B2B subscription software and service enterprise. Bringing local deployment and cloud-based development into one cohesive system, the global tech leaders are joining forces to support developers who are not yet equipped to transition fully from building applications in data centers to strictly on the cloud. AWS is the third cloud leader Cisco had partnered with to provide container deployment, following recent deals with Google and Microsoft.
IBM Acquires Red Hat, SplitIt Reaches 1000 Merchants, Google Suggest Subscription App Bundling: Newsletter November 2, 2018
IBM has this week announced the landmark acquisition of open-source software company Red Hat. In a deal that will bring together two leading hybrid cloud providers, IBM will acquire all issued and outstanding common shares at $190 per share (currently a 63% premium), making this the largest ever software acquisition. Red Hat will continue to operate as an independent cloud team, maintaining the current product portfolio and open source development legacy model currently in place.
Shopify Payments Adds Global Currencies, Shopify Posts High Q3 Profits, EU Parliament Audits Facebook: Newsletter October 26, 2018
Shopify this week announced new functionality to display product prices in multiple currencies. The new feature will detect a shopper’s location and automatically update prices a customer sees while shopping. Nine currencies will be initially available. Merchants will be required to distinguish between the shop’s native currency and the presented currency and foreign exchange rates will be included in the final purchase price.
GitHub Announces Workflow Automation Tool, Facebook Involved in Advertising Lawsuit, President Trump Announces Changes to Chinese Shipping Policies: Newsletter October 19, 2018
Following the acquisition by Microsoft earlier in the year, GitHub has this week announced a new workflow automation tool, GitHub Actions. In an effort to improve the efficiency of engineers’ ability to complete low-level workflows, Actions will provide a platform for engineers to automate time-consuming workflows run directly from GitHub. Microsoft is slated to acquire GitHub for $7.5 billion, approved by the EU this morning, and gain 31 million engineering users in the process.
