- Thread starter
- #31
Let's start with the non-fully-related
The company. Being bootstrapped and thus not having a team to go along with the sale, we landed at a multiplier of 2.5. That process was pretty smooth actually. The purchasers reached out to us and we worked with our and their legal + our accountancy firm to work on all documents required.
Good! The site promises 3 designers, in the end I got 45 designs for ~100 EUR. Enough choice to pick one (from 3 that I thought were good and clever) to my liking and have its designer fine-tune a couple of things. Very pleased with the result, and having the choice to visually see alternatives was great!
I wanted to show "the real thing", or something as real as possible. Visually see what it looks like. So started off building everything and once I had a couple of screens, showed those and asked for feedback. A few weeks ago I had them try on the staging application and got good feedback out of that: a couple of things they really wanted, and made a lot of sense for others as well.
This was a good process not only for customers, but also for myself. Building it required a deeper understanding of the API's I would have to call and the data they need/return, which in turn also influenced a little bit of the flow and design.
Microsoft Azure, on their App Services service, in a Docker container. App Services because it's their only model where you can pick a dedicated hosting plan (as in, you get a full "VPS" in terms of CPU and memory), and host multiple containers on that plan.
Not yet Want to get this first customer use it, process feedback and get that landing page up. Once that's done, will share it here.
Did you sell the SAAS company or the app itself? How was that process of selling? What valuation multipler did you get? did you use a business broker?
The company. Being bootstrapped and thus not having a team to go along with the sale, we landed at a multiplier of 2.5. That process was pretty smooth actually. The purchasers reached out to us and we worked with our and their legal + our accountancy firm to work on all documents required.
So for your designer job post, how did that work out?
Good! The site promises 3 designers, in the end I got 45 designs for ~100 EUR. Enough choice to pick one (from 3 that I thought were good and clever) to my liking and have its designer fine-tune a couple of things. Very pleased with the result, and having the choice to visually see alternatives was great!
Also did you have a demo ready for customers to view? If so did you use Youtube? or something else?
I wanted to show "the real thing", or something as real as possible. Visually see what it looks like. So started off building everything and once I had a couple of screens, showed those and asked for feedback. A few weeks ago I had them try on the staging application and got good feedback out of that: a couple of things they really wanted, and made a lot of sense for others as well.
This was a good process not only for customers, but also for myself. Building it required a deeper understanding of the API's I would have to call and the data they need/return, which in turn also influenced a little bit of the flow and design.
Where are you hosting the web app ? VPS ?
Microsoft Azure, on their App Services service, in a Docker container. App Services because it's their only model where you can pick a dedicated hosting plan (as in, you get a full "VPS" in terms of CPU and memory), and host multiple containers on that plan.
Do we get a link to see how it looks
Not yet Want to get this first customer use it, process feedback and get that landing page up. Once that's done, will share it here.
Dislike ads? Remove them and support the forum:
Subscribe to Fastlane Insiders.