From Design Agency To $419 Million Holding Company In 8 Years

ℹ️ EPISODE INFO

Released

April 16, 2024

Duration

32m

Channel

My First Million

Watch on YouTube

▶ Open ↗

📝 EPISODE DESCRIPTION

Get our business idea database here ➡️ https://clickhubspot.com/fe5 Episode 573: Sam Parr ( https://twitter.com/theSamParr ) and Shaan Puri ( https://twitter.com/ShaanVP ) talk to Jeremy Giffon about how Tiny Capital turned $5M in equity into 30 profitable companies. — Show Notes: (0:00) Humble beginnings at Tiny Capital (4:40) Tiny’s first acquisition (8:17) 50X return on Dribbble (10:14) Skip the cash flow statements (11:57) How to spot the opportunity (14:00) Chris’s superpower (16:20) Stomaching aggressively low offers (17:46) Make an offer and stop talking (19:36) It’s not you vs. them (22:06) "What would need to be true to make this deal?" (23:03) How to crush the cold email (25:15) Worst deal -- ignored red flags, lost everything (27:00) Best deal: Mealime (25X return) (29:16) Weirdest deal ($36.00 acquisition) — Links:

• Tiny Capital - https://www.tiny.com/
• Dribbble - https://dribbble.com/
• Metalab - https://www.metalab.com/
• Mealime - https://www.mealime.com/

— Check Out Shaan's Stuff:

• Shaan's weekly email - https://www.shaanpuri.com
• Visit https://www.somewhere.com/mfm to hire global talent (like Shaan does) and get $500 off for being an MFM listener. Hire developers, assistants, marketing pros, sales teams and more for 80% less than their US equivalents.

— Check Out Sam's Stuff:

• Hampton - https://www.joinhampton.com/
• Ideation Bootcamp - https://www.ideationbootcamp.co/
• Copy That - https://copythat.com
• Hampton Wealth Survey - https://joinhampton.com/wealth

💰 Pitch your startup for a shot at a $1M investment with Sam Parr as the MC https://clickhubspot.com/pitch My First Million is a HubSpot Original Podcast // Brought to you by The HubSpot Podcast Network // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano

🎤 SPEAKERS

• Sam Parr

  host

  Entrepreneur and co-host of the My First Million podcast.

• Jeremy Giffon

  guest

  Acquisitions/operator executive associated with Tiny/MetaLab, discussing deal sourcing, evaluation, and negotiation.

• Shaan Puri

  host

  Entrepreneur and co-host of the My First Million podcast.

🧾 EPISODE SUMMARY

In this episode of My First Million, featuring Sam Parr and Jeremy Giffon, From Design Agency To $419 Million Holding Company In 8 Years explores Jeremy Giffon Shares Tiny's Acquisition Playbook, Negotiation Tactics, and Best and Worst Deals Tiny began when Metalab's free cash flow, in the low millions a year, was redeployed into buying businesses, starting with Dribbble, which Andrew, Chris and Jeremy knew as users and fans.

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