More from XO Capital - Field Notes
💡 We started out buying 1 business for $25k in 2020. Our deals are now around $1M - $2M purchase price. So my notes below relate to a mostly linear path from $25k to ~$2M. XO has been a tough ride. We had some wins, some losses and overall haven&
💡 We have another fresh round of capital to deploy into 1 business at up to $1.8M purchase price. Must be b2b SaaS, low customer concentration, 80%+ gross margins, 50k+ MRR. If you have a tip, pass it along! We're underway with xo 2.0. That means,
I'm going to break down how we more than 10x-ed ScreenshotAPI and why this acquisition worked when others didn't. Not everything here is generalizable, but I'll pull out what worked well from our first interactions with the seller to the deal closing a few
Before we jump in, I was on a pod talking through content, acquisitions, etc: This exit is bitter sweet. Screenshot was our first ever acquisition. We 10x-ed it, and it is really the reason XO exists today. If this first acquisition hadn't gone well, I think I would
More in startups
Prior to WWII the U.S was a distant second in science and engineering. By the time the war was over, U.S. science and engineering had blown past the British, and led the world for 85 years. With the cutbacks of U.S. government support and the Chinese investing heavily for the last three decades to surpass […]
As Adam Smith said, "there is a great deal of ruin in a nation."
VinFast follows its Vietnam playbook in Asia and targets the luxury market in the Gulf.
Not an actual blog post, just an invitation.
Chinese tech companies use smugglers, loopholes, and innovation to work around U.S. chip restrictions