Speaker Ventures acquires VC-Detox Co's - B2B SaaS w/$2m ARR, 120% Growth

Hi all,

We "hit a double" when we sold our last company to a search fund for 8-figures in 2021.

Through Speaker Ventures, we're helping more entrepreneurs similarly "hit doubles" by acquiring and operating "VC-detox companies" - startups that have raised venture capital but realized they are no longer on a unicorn trajectory, with burned out founders that want to move on to their next adventure.

We have an interesting, but time sensitive, opportunity to acquire a controlling stake in a marketing SaaS company doing nearly $2m in ARR.
- The company is cashflow positive, and growing at 10%+ per month / 120% over the last 6 months

• The company is sitting on $1m in cash, unused from previous fundraising, to be used for future growth
• The founder is terribly burnt out and feeling overwhelmed. He has some family medical issues that require cash ASAP.
• We've identified a new CEO to come in and take over operation of the company; he's a YC founder with a previous exit in the space to Nielsen

We've agreed on a price of $1.5m for half of his shares (32% of the company), with a second tranche to acquire the other 32% within the next 9 months.

We've got some debt soft-circled to fund the transaction, but would be interested in equity partners to help complete the buyout.

We've got room for small checks ($50k) as part of the initial tranche, but can also go all the way up to $2m+ to fund the second tranche. Love to engage with anyone interested - I'm redacted to learn more