The want to buy my SaaS for how much?!!!

@mikestrives

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SoundTikTok sound · original sound - mikestrives

Promoted product

Upvotyupvoty.com

Feedback boards, public roadmaps, and changelogs in one beautifully simple product.

4 videos

Why it worked

The video leverages the 'build in public' trend and high-stakes financial transparency to build authority and trust, making the product mention feel like a natural part of the founder's journey.

Summary

A founder shares that he received an acquisition offer for his SaaS product, Upvoty, but decided to decline it. He explains his reasoning by calculating the company's valuation based on its current monthly recurring revenue and growth rate.

Structure

1Hook with the acquisition offer
2Context on the SaaS build journey
3Reveal of the offer amount
4Math breakdown of the valuation

Original caption

This is crazy! 🤯 Should I sell? (day 12 of building my SaaS to $1m) #business #saas #onlinemoney #softwareengineers #softwareasaservice #softwareengineering #founder #entrepreneur SHOULD I SELL? 🤔

More from @mikestrives

Product placement

The product Upvoty is mentioned by name and shown in an email screenshot.

On-screen text

The want to buy my SaaS for how much?!!! alright so this is actually crazy I just received an offer from someone wanting to buy my software product all on day 12 of building my SaaS product to $1 million but here's why I said no so the offer came in at $200,000 which sounds like a lot of money which it is don't get me wrong but if we do the math we'll take the current MRR $4,500 times 12 months times at least 5 times its valuation given the growth rate we really now already have evaluation of at least $300k so given the fact there's so much fast growth going on at the moment there's absolutely no way I'm going to sell now

Transcript

Alright so this is actually crazy. I just received an offer from someone wanting to buy my software product all on day 12 of building my SaaS product to $1 million. But here's why I said no. So the offer came in at $200,000 which sounds like a lot of money, which it is, don't get me wrong. But if we do the math, we'll take the current MRR of $4,500 times 12 months times at least 5 times its valuation given the growth rate, we really now already have evaluation of at least $300k. So given the fact there's so much fast growth going on at the moment, there's absolutely no way I'm going to sell now.