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Viewing profile — cjisakow

cjisakow

HN member
Joined
Tue, Sep 15, 2020, 5:26 AM UTC
HN karma
26
Public activity
24 items

About cjisakow

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Recent public activity

  1. comment
    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…

  2. comment
    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…

  3. comment
    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…

  4. comment
    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…

  5. comment
    Comment #27156752

    for sure Berkshire inspired Mark Leonard at Constellation which informs our approach

  6. comment
    Comment #27156464

    Affinity Labs! So far ahead of their time...

  7. comment
    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 …

  8. comment
    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…

  9. comment
    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…

  10. comment
    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…

  11. comment
    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…

  12. comment
    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

  13. comment
    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…

  14. comment
    Comment #27155394

    cool, will have to check it out, do you know them? feel free to intro or i can find them.

  15. comment
    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…

  16. comment
    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…

  17. comment
    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…

  18. comment
    Comment #27155258

    Which part of their business?

  19. comment
    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.

  20. comment
    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 …

  21. comment
    Comment #27155133

    Not a typo though we haven't announced it yet, whoops....

  22. comment
    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.

  23. comment
    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…

  24. comment
    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…