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Molson_Hart's profile
Molson Hart
Molson Hart
Molson Hart
@Molson_Hart

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Molson Hart

@Molson_Hart

CEO at http://amazon.com/viahart . CEO at http://edisonlf.com . I tweet about business, e-commerce, supply chain, health, law, & infrastructure

Austin, TX
Joined July 2015

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    1. Tim Ludwig‏ @tsludwig Feb 19
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      Data on activity required to complete one SMB acquisition (2014 Stanford GSB Search Fund Primer): • Initial outreach: 3,404 • Response: 256 • Positive follow-up: 124 • In-person mgmt meetings: 25 • Pricing conversation and IOI: 16 • LOIs sent: 4 • LOIs signed: 2

      12 replies 14 retweets 155 likes
      Show this thread
    2. CarlosMeza‏ @carlosjosemeza1 Feb 19
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      Replying to @tsludwig

      Here are the approx stats for my search (14months): Outreach: ~10k Positive response: ~400 Initial call: 300+ IOIs: 12 LOI: 6 Signed LOI: 2 Acquisition: 1

      2 replies 0 retweets 8 likes
    3. Molson Hart‏ @Molson_Hart Feb 19
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      Replying to @carlosjosemeza1 @tsludwig

      You reached out to any company, not just those already on the market correct?

      2 replies 0 retweets 1 like
    4. Michael Girdley‏ @mgirdley Feb 20
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      Replying to @Molson_Hart @carlosjosemeza1 @tsludwig

      Still feels like there is a potential to build a “MLS for private SMBs” but lots of parties disinterested in that happening.

      1 reply 0 retweets 1 like
    5. Molson Hart‏ @Molson_Hart Feb 20
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      Replying to @mgirdley @carlosjosemeza1 @tsludwig

      There are a few low penetration marketplaces at low end: flips, bizbuysell

      1 reply 0 retweets 2 likes
    6. Michael Girdley‏ @mgirdley Feb 20
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      Replying to @Molson_Hart @carlosjosemeza1 @tsludwig

      I wonder what it would take to build a real working marketplace.

      1 reply 0 retweets 0 likes
      Molson Hart‏ @Molson_Hart Feb 20
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      Replying to @mgirdley @carlosjosemeza1 @tsludwig

      1. A little vertical integration (marketplace provides some service like authenticates a tax return on both sides or something) 2. A lot of work to get all the sellers b to post there 3. Scrape préexistant markets Same old playbook

      6:24 AM - 20 Feb 2020
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      • Michael Girdley
      0 replies 0 retweets 1 like

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