Viewing profile — cjisakow
cjisakow
HN member- Joined
- Tue, Sep 15, 2020, 5:26 AM UTC
- HN karma
- 26
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- 24 items
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About cjisakow
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Recent public activity
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Comment #27162321
Great insights especially the last one, some of the smartest investors we spoke to saw the end game being we can offer special perks for customers like an amazon prime like program…
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Comment #27158286
We've been hyper focused on executing on finding great companies and now operating and growing them with the entrepreneurs, so embarrassingly haven't posted any content yet. BUT we…
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Comment #27157743
Not sure i ever want to be the uber of anything, but you are spot on that there is a ton of data, that we can use machine learning to both better identify acquisitions and grow bra…
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Comment #27157416
I'd also add that its hard to run an e-commerce business, you need to source products, manage supply chains, manage teams etc... We know this is going to be hard and went in eyes w…
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Comment #27156752
for sure Berkshire inspired Mark Leonard at Constellation which informs our approach
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Comment #27156464
Affinity Labs! So far ahead of their time...
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Comment #27156424
Clearbanc and others super useful to help short term cash flow, but its tough to get enough money out to take money off table (a lot of founders have a chance to take money off to …
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Comment #27156088
would be awesome to talk and hear more about your experience. we absolutely are looking at omni-channel, something that is different from some of the early players in the space. We…
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Comment #27155834
Thanks we are moving fast and building things that don't scale! its just a form right now, and then I email you a referral agreement that say's we will pay you if we close the tran…
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Comment #27155656
oh i also see you know a lot of folks who buy companies, if they grow them to $3M+ and are looking to take money off the table send them our way! We pay referral fees for successfu…
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Comment #27155442
We are looking at companies that are doing at least a few million dollars in sales. The sellers are super impressive in my opinion, its hard to get there! So yes sometimes they don…
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Comment #27155419
I'd add after we agree on terms we do a light weight due diligence process with accounting/law firms to confirm what we saw
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Comment #27155411
Yes and yes. We are building out integrations to automate, right now we are doing a mix of manual and automated processing. There are a bunch of different companies that have built…
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Comment #27155394
cool, will have to check it out, do you know them? feel free to intro or i can find them.
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Comment #27155382
if a tree falls in the woods.. but seriously how we are defining it for our business is private label sellers of physical goods. So you own a brand that sells on Amazon or DTC, and…
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Comment #27155337
Its probably too early to say how Aterian (mowhawk) acquisitions will work out. In terms of structure we are early enough that we are creating deal structures for each entrepreneur…
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Comment #27155313
Participating in YC was hugely valuable for our team, we had great mentorship, access to an amazing network of founders who have provided advice as we launched Moonshot, and of cou…
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Comment #27155258
Which part of their business?
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Comment #27155243
yes focus on EBITDA. In some cases there is a metric called SDE which is seller discretionary earnings that has some additional add backs.
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Comment #27155199
good point, here is basic criteria: Private label brands $3M-$30M in revenue 15%+ net margin Predominantly on Amazon but also open to Shopify/DTC brands that are profitable. Allan …
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Comment #27155133
Not a typo though we haven't announced it yet, whoops....
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Comment #27155127
For sure, we are focused on ecommerce brands instead of services/software. I love how they think about partnering with founders. And we share a Canada connection.
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Comment #27155110
We are both entrepreneurs ourselves, and have lived through working with PE shops that might gordon gecko style fire everyone and flip. Its not our model, our ideal seller stays an…
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Comment #27155044
We plan to be long term holders, eventually taking the company public. We look at Constellation Software up in Canada (where Allan is based) as a great model. The entrepreneurs oft…