Noah Bragg ๐Ÿ”ฅ pfp
Noah Bragg ๐Ÿ”ฅ
@nbragg
I have some news... My SaaS, Potion, has been acquired! ๐ŸŽ‰๐Ÿฅณ I've been building potion.so solo for the last 2 years. Here's the story on how things went down! ...even the sale price. ๐Ÿ™ƒ
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Noah Bragg ๐Ÿ”ฅ pfp
Noah Bragg ๐Ÿ”ฅ
@nbragg
Potion is a website builder that allows you to easily turn Notion pages into a fast, SEO optimized website. I started it because I was scratching my own itch and I loved serving the Notion community.
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Noah Bragg ๐Ÿ”ฅ pfp
Noah Bragg ๐Ÿ”ฅ
@nbragg
I built in public from the very beginning here on Twitter. I shared daily videos on Twitter and YouTube of the progress. https://www.youtube.com/playlist?list=PLMt9wkBcwq0gc2k63i_k28n2TNqRpwVab
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Noah Bragg ๐Ÿ”ฅ pfp
Noah Bragg ๐Ÿ”ฅ
@nbragg
I took 2 months to build the MVP. On day 2 of early access, I got my first customer. And within the first 3 months of launch I got my first 75 users, which all came from Twitter.
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Noah Bragg ๐Ÿ”ฅ pfp
Noah Bragg ๐Ÿ”ฅ
@nbragg
A couple other highlights with Potion: - ProductHunt Product of the day in May 2021 - Receiving the Product Hunt Maker Grant. - Getting growth back up to 6% MoM after 6 months of plateau in mid 2022.
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Noah Bragg ๐Ÿ”ฅ pfp
Noah Bragg ๐Ÿ”ฅ
@nbragg
Potion has been growing about 6% MoM for awhile now and I built it up to $6,300 MRR. But I was ready to move to a new challenge and it seemed like it might be a good time to sell Potion and harvest the value I've built.
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Noah Bragg ๐Ÿ”ฅ pfp
Noah Bragg ๐Ÿ”ฅ
@nbragg
I posted Potion on acquire.com. Around 25 people were interested and sent a NDA to learn more. Out of those, 6 people jumped on a call. From that, 3 people gave offers. 2 that were very serious.
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Noah Bragg ๐Ÿ”ฅ pfp
Noah Bragg ๐Ÿ”ฅ
@nbragg
I went back and forth between the 2 offers and really contemplating if selling was actually what I wanted to do. I had gotten Potion to a point where it only took me 2 hours a week to do customer support. Either I spend my time trying to get the biz to the next level or...
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Noah Bragg ๐Ÿ”ฅ pfp
Noah Bragg ๐Ÿ”ฅ
@nbragg
...sell and start something new and fresh! I've been public with Potion's numbers up to this point so I'm going to keep that going by sharing what Potion was acquired for! ๐Ÿ™ƒ
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Noah Bragg ๐Ÿ”ฅ pfp
Noah Bragg ๐Ÿ”ฅ
@nbragg
I ended up selling Potion for $300k! ๐ŸŽ‰ I'm really happy with the outcome and it has been great to work with Bruno Morency who acquired Potion. He has made the transition really smooth.
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Noah Bragg ๐Ÿ”ฅ pfp
Noah Bragg ๐Ÿ”ฅ
@nbragg
Bruno has great biz experience and he is going to take Potion to the next level! He has sold a SaaS in the past and before acquiring Potion was the Managing Director of Techstars Montrรฉal AI. So Potion users are in great hands!
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Noah Bragg ๐Ÿ”ฅ pfp
Noah Bragg ๐Ÿ”ฅ
@nbragg
What's next for me? I'm going to start another online biz! ๐ŸŽ‰ I've mentioned it a bit on here already, @trustscore. I'm really excited for the future!
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Elie pfp
Elie
@elie
Congrats. Did you consider selling yo Super? Not sure heโ€™d have paid 300k for it though.
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Simon Chamorro pfp
Simon Chamorro
@simon-chamorro
Love the story! You should apply to Alliance with Trustscore.
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Connor McCormick โ˜€๏ธ pfp
Connor McCormick โ˜€๏ธ
@nor
Such a great story! Congrats and thanks for sharing!
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Ben - [C/x] pfp
Ben - [C/x]
@benersing
Was this side hustle? If so would love to hear more about how you juggles that and a day job.
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Colin Johnson ๐Ÿ’ญ pfp
Colin Johnson ๐Ÿ’ญ
@cojo.eth
Love to see it, congrats Noah !!
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Mac Budkowski แต pfp
Mac Budkowski แต
@macbudkowski
Congrats!
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jake pfp
jake
@jklb.eth
So rad! thanks for sharing and congrats ๐Ÿพ
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moritz ๐Ÿ’ง๐Ÿ”‘ pfp
moritz ๐Ÿ’ง๐Ÿ”‘
@moritz
very cool, congrats! came across Potion about 2 years ago when I was looking for an easy way to start blogging, great to read the background story!
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CypherHiker pfp
CypherHiker
@aeh
Congrats, and good luck on the new adventure!
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Jw ๐ŸŽฉ pfp
Jw ๐ŸŽฉ
@epicsuperstar
Hey, Iโ€™m working on something similar with a slightly different approach. Chat?
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