The genesis for this post was a recent thread on Twitter about Thrasio, which if you cut away all the press is a venture funded roll up of FBA (Fullfilled by Amazon) businesses. Thrasio is now valued at $780 million 🤯 It was founded mid-2018 and built an operating back-end to buy small and profitable, […]
Author Archives: Ari
Should You Buy an Online Business During Covid19?
There’s a global health crisis going on, millions are out of jobs (and millions more will be before this is all over), and businesses are closing down left and right, many of them never to return. In short, it’s a shit show. Inside every crisis there is always an opportunity, and today I’m going to […]
How to Sell Your Online Business
[COVID-19 note: I wrote this before the virus took over our lives. It might not be relevant now, but M&A will always exist for things that make money or threaten a strategic.. So this will always be useful.] In 2008 Johns Wu sold a pretty ugly looking WordPress blog for $12.4 million dollars. In 2020, […]
Online Business Brokers
There are two ways to buy an online business, either through an intermediary (aka a Broker) or direct. For buyers, The nice thing about buying through a broker is that you know the owner wants to sell; the problem is it creates an auction experience and you might end up with Winner’s Remorse. Ideally, […]
