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Tiny

tinycapital.com

61–70 of 158 posts

Re: Tiny

#61
post #17

Earlier quoted context omitted.

I imagine it has to be something that another company can generically understand and take over. A startup where the founders deep domain knowledge / connections is the key - that domain knowledge / connections go when the founder leaves.

If that's the case then why are they ok with the founder leaving? I don't think this is a scam or anything, I just wish I understood the mechanics of how their business works better than I do

They are going to expect that the founder can leave a functional company.

A company that requires them to build a leadership team or hire replacement talent to maintain doesn't sound like what they are looking for.

If needed, the founder should do that first.

Re: Tiny

#62

In case someone from the company is reading, the current background blue color is quite harsh on eyes, especially when reading text. Please try using #3f51b5 or something similar. Other than that, love the design.

Another opinion: pastel blues like #3f51b5 remind me of Facebook; current #1a21ff feels unique and it's comfortable enough to read for me. Especially given a rather low amount of text combined with cards with different backgrounds.

Re: Tiny

#63
post #57

Earlier quoted context omitted.

The website gives an example: > You've got early employees, investors, or a co-founder who wants to leave or cash out. You want to swap them for a friendly new face who can add value and help you grow the business. This is common in professional groups (like law firms or medical practices) when a partner is looking to retire.

Selling out is common; I just hope and think I would not do it, but who knows. I've never been in the position to sell out :-)

Selling out in other industries is looked down upon (eg former indie musician selling out for a mainstream record contract), but business is, well, business. Better to be honest with yourself that your heart's no longer in it (if it's not), and sell to someone who is.

Re: Tiny

#65
I hate this art style. Facebook and related have been pushing it for a while and it has become just repulsive to see now.

Re: Tiny

#67
post #9
post #4

Tiny is basically as advertised. A few years ago, I tried to sell one of my businesses to them (Zack) and he was straightforward in his reason to pass back then (profit too low). Took about a day once I had my metrics sorted. The experience was positive and re-enforced my understanding of important growth metrics and product storytelling.

> profit too low > important growth metrics > product storytelling Yup. Everything that's wrong with (predominately US) modern business culture. Product doesn't matter, storytelling is. Nothing matters, inflated growth metrics do. Profit doesn't matter unless it's high (for some definition of high), but even that doesn't matter if you have hyperinflated growth metrics.

They passed due to lack of sufficient profit so I’m not sure you’re point.

Product storytelling doesn’t mean smokes and mirrors.

They’re buying businesses so it seems like criticizing them for caring about high profit is misplaced.

Re: Tiny

#68
post #38

What happens after Tiny acquisition? Cost cutting?

I'm speculating, but based on friends who work in this industry the apps are put into maintenance mode, with one hired/contract developer in charge of two or three apps — assuming it's a SaaS app that doesn't need a team.

If the product is still on a growth trajectory or needs a specialised team I think it's a very case-to-case basis. Cost cutting is one tool in the toolbox, and it's usually only used when the owner thinks the product is already dying and wants to squeeze value out of it. From what Tiny says they might not be buying products like that.

That said, I feel like the Baremetrics emails started getting a little more spammy and frequent once they were bought, but I might be mistaken, it was a while ago. It's possible there's a growth hacking team that Tiny has that takes over all the products.

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