Selling my bootstrapped business for $20 Million Ft Rohit Anand, Founder, 1DigitalStack
Description
As per a recent Entrackr report, Indian startups saw over 250 acquisitions in 2021.
Edtech startups like Byju’s, Unacademy, and upGrad have been in the headlines for their acquisition spree, and also startups in the e-commerce roll up space such as Mensa Brands, GlobalBees, 10club, Upscalio, and fitness tech platform Cultfit (Curefit) also took over smaller brands, recording the highest number of acquisitions last year.
With so much going on around acquisitions, our guest Rohit Anand, Founder, 1digitalstack.ai shares his experience of getting his first venture acquired.
During the episode, Rohit talks about bringing in a third-party consultant to assist with the acquisition, his second stint at entrepreneurship, and much more.
Notes -
02:12 - Starting his first entrepreneurial venture in 1999
06:34 - “Importance of going after a problem where you have a natural advantage.”
11:39 - What did Value Edge work upon?
12:57 - Value Edge’s ARR at the time of Exit
13:39 - Thought process behind the Exit
18:46 - Process of identifying the right M&A Advisor and the help an entrepreneur can expect
24:00 - Maintaining balance during the stress while acquisition
28:57 - Deciding to start 1digitalstack.ai
32:31 - Current scale in terms of ARR & top clients
35:17 - Taking investor money during his 2nd entrepreneurial stint
38:10 - Future plans for 1digitalstack.ai (in terms of ARR & Growth drivers)
42:15 - Vision and Ambition of building a large company
46:19 - Current practices: Same & Distinct from Value Edge
50:32 - His approach towards investing
United States
