Startups For the Rest of Us
Episode 534 | A $4M Exit with Josh Pigford of Baremetrics
Tue, 02 Feb 2021
In this episode, Rob talks with Josh Pigford in a first appearance since the sale of Baremetrics for $4m. They discuss his seven-year journey to build Baremetrics, the details of the sale, and Josh's post-sale, non-software aspirations. The topics we cover [02:42] Intros [04:26] Avoiding capital gains via qualified small business stock. [09:08] Josh's post-sale purchases and other dramatic life shifts [13:46] Changes at Baremetrics after sale [18:32] Weeks of cash to profitable in 8 months [23:20] Breaking through plateaus and product vs marketing for growth out of plateaus [30:13] What motivated Josh to start thinking about selling [32:58] Launching a new feature called Intros in 2020 [39:11] Laser tweets and post-sale aspirations Links from the show Episode 244 | Competition, Transparency and Funding with Baremetrics Founder Josh Pigford Baremetrics: Subscription Analytics & Insights for Stripe, Braintree, Recurly & more! I sold Baremetrics - Baremetrics Qualified Small Business Stock (QSBS) (mentioned at 04:26) Four Percent Rule How we went from weeks of cash left in the bank to profitable in 8 months (mentioned at 18:42) Revenue Dashboard - Baremetrics Demo I almost sold Baremetrics for $5m - Baremetrics Laser Tweets: Wooden Laser Etched Tweets If you enjoyed this episode, let us know by clicking the link and sharing what you learned. Click here to share your number one takeaway from the episode. If you have questions about starting or scaling a software business that you’d like for us to cover, please submit your question for an upcoming episode. We’d love to hear from you! Subscribe & Review: iTunes | Spotify | Stitcher
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