buybiz

Mistakes I’ve made buying my first biz:

- not having an earn out where seller is on the hook for a year (min 6mo I’d say)
- margin too low to effectively hire
- underestimating working capital needs (very diff from software)
- weak diligence in their gtm channels

(…prob more gotchas that I fell for)

Building onchain gov @agora agora.xyz open-source ✨ Prev. clearco/fintech

Building something new. 🟪 Host: /venturecapital /adventures /theitinerant

Part of it! needed to find time to down on main biz now 😅