MicroAcquire's acquisition of Exitround sets new founder-friendly model for getting acquired
Entrepreneurs face thousands of obstacles in their careers. Seed money, growth, staffing - the list is endless. Some prioritize funding, leaving them bound to venture capitalists whose goals clash with theirs. Others struggle just getting off the ground. Even those who thrive struggle to sell when the going is good, with expensive brokers and investment bankers souring their taste of success. Today, MicroAcquire's acquisition of Exitround rewrites this story, helping founders realize their goals from startup to exit.
MicroAcquire, a startup acquisition marketplace, has already been helping founders exit by providing an anonymous, free platform where buyers and sellers meet.
Jacob Mullins, Founder, Exitround: "Exitround aligns perfectly with MicroAcquire to help founders succeed. I couldn't be more excited to see the MicroAcquire team help thousands of entrepreneurs get acquired. It's never been easier to start a business, but scaling one and positioning it for acquisition remains a daunting task that can deter even the most stalwart founders from moving forward. I'm delighted that MicroAcquire has acquired Exitround so we can finally see an end to these roadblocks and foster greater entrepreneurship in 2021 and beyond."
The acquisition process can be a nightmare for founders. It's an assault course of false starts, hard-nosed negotiations, and emotional flare-ups. Until that signature lands on the purchase agreement, nothing is certain. Do everything right and deals can still fall through. Having built and sold several businesses, Gazdecki knows how exhausting the process is, and built MicroAcquire to replace costly middlemen and bureaucracy with anonymous, pre-vetted listings. As a result, MicroAcquire gives founders free and instant access to 50,000+ trusted buyers with total anonymity.
Andrew Gazdecki, CEO, MicroAcquire: "The exit has always been an important part of the founder's journey, and the process has been historically characterized by one-sided information-asymmetry that favors buyers and brokers. We're changing that at MicroAcquire and shifting the balance of power towards founders."