One factor that makes startup selling a difficult process if you are a business owner is letting go of something you built with so much commitment and love. You might be attached to your business and don’t want to let go. However, sometimes you need to make that hard call, so make sure to give it a lot of thought.
Whether you’re a startup owner looking to sell your business or an investor looking for a great addition to your startup portfolio, the process is never easy. The deal is never 100% safe, even if you use a middleman. Something can always go wrong. You might not get the money or the buyer might not receive the details.
Another thing to consider is the value of your startup. As your startup grows, its value increases. As a result, when the time comes for you to sell it, you might not be able to find the right prospects because the price is just too high. You might not even find a buyer because of this reason. To help make the selling process easier, platforms like Microns can help.
I sold my Twitter bot through https://t.co/dWqZc4wQaN
The buyer contacted me the next day.
The buyer transferred the money over XRP(Ripple) network.Deal done!
Everything in 2 days.Thank you! @ilyanovohatskyi
— . (@stackbuffer) April 1, 2022
How it works
Microns is the ultimate startup marketplace for sellers and buyers. If you’re a business owner looking to sell your startup, you’ll need to list your startup and provide information like the financial information, business model, target customer, and your reasons for selling the business.
The information you provide in Microns will help interested buyers know about your business more when they browse through the marketplace. The platform usually provides information like the startup’s Annual Recurring Revenue, category, and of course, the asking price. Interested parties can simply click on the “Get in touch” button and they can immediately reach out to the sellers for further details, negotiate, and ideally, close the deal to buy.
https://twitter.com/imalvus/status/1491773679532969988
Microns is free to use, however, there’s also an option to be a premium member. For $24 per month or $149 a year, the premium membership will get you access to 100+ premium startups for sale and 40+ entrepreneurs, as well as benefits like direct contact info, metrics, startup overviews, feature requests, and more.
Photo credit: The feature image has been prepared by Rawpixel.
