Startup Acquisition Stories with Dani Parra ibanez and Drilon Sqn, Founder of TrustApps

Startup Acquisition Stories with Dani Parra ibanez and Drilon Sqn, Founder of TrustApps

Author: Acquire.com January 30, 2024 Duration: 24:53

Working a nine-to-five can be a great launchpad for a successful SaaS application. Just ask Belgian founders Dani Ibanez and Drilon Sqn. Using their industry experience, they created a review application for Shopify called TrustReviews and sold it for six figures. Dani and Drilon look similar (and even finish each other's sentences) but they've pursued very different careers. Drilon is a software engineer and a cybersecurity consultant for the Belgian government. Dani worked in ecommerce marketing, advertising, and media buying for a handful of big-name clients. When they started brainstorming products to build together, Dani remembered his problems with product review apps from his marketing days. Many review platforms were two years behind on features like video reviews, for example. They built their own application and grew it rapidly through word of mouth and listening to customer feedback. They were proud of TrustReviews but when they got wind of a real-estate flip opportunity in Belgium, TrustReviews was the product they owned that was most easily sellable. They hopped on Acquire unsure they could actually sell TrustReviews but ended up closing the six-figure deal in a staggering two weeks. They walked away with more than enough to close their real estate deal. Listen to their talk with Andrew post acquisition as they discuss: ► Why you shouldn’t grow a Shopify app too quickly ► What to do with a windfall of money. ► The best parts of the Acquire.com Escrow.com integration ► A key feature they added to their website that boosted sales ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ Be sure to subscribe to see the newest acquisition stories every Tuesday and gain the knowledge to buy or sell your own online business → https://youtube.com/@acquiredotcom?sub_confirmation=1 Want more stories? Access the past 50+ acquisition stories here → https://blog.acquire.com/tag/startup-acquisition-stories-podcast/ Thinking about selling your own startup? The number one question is always 'how much can I sell for' and we've got the answers in our biannual valuation multiples reports here → https://blog.acquire.com/tag/acquire-coms-acquisition-multiples-report/ Thinking about buying a startup? Sign up for a free buyer account and browse all the live listings. Upgrade only when you find the right one that fits your acquisition criteria to engage. Get Started → https://acquire.com/buyers/ ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ Follow the Guest: Dani Parra Ibanez and Drilon Sqn


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Behind every successful startup acquisition, there's a story-a complex mix of strategy, emotion, and paperwork that rarely gets discussed openly. Startup Acquisition Stories, from the team at Acquire.com, pulls back the curtain on those real-world transactions. Each episode features founders and entrepreneurs who have personally navigated the process of selling or buying a business through their platform. You'll hear them recount the nuanced decisions that don't make it into press releases: the challenging conversations around valuation, the subtle art of vetting the opposite party, and the critical, often overlooked, steps after the handshake. This podcast digs into the practicalities of due diligence, structuring terms, and managing the transfer of assets, all the way through to escrow and the crucial post-deal transition. It’s a grounded, detail-oriented look at the mechanics of a business exit or expansion, straight from the people who’ve lived it. For anyone curious about the actual path to a deal, beyond the theory, this series offers a rare archive of lived experience and hard-won advice.
Author: Language: English Episodes: 100

Startup Acquisition Stories
Podcast Episodes
Why Clear Execution Made This Acquisition a Sure Thing [not-audio_url] [/not-audio_url]

Duration: 17:36
Zach Simmons did not approach acquisition as a shortcut. He approached it as a shift in risk.After building companies from scratch, he understood how uncertain the early stages can be. Validation takes time, traction tak…
How Building in Public Turned Trust Into a Clean Exit [not-audio_url] [/not-audio_url]

Duration: 21:58
Maxime Berger built BlogBuster in public long before he tried to sell it.With no audience at first, he showed up daily and shared the work as it happened. That consistency created trust before the product ever launched a…
From Zero to a Business Ready to Sell [not-audio_url] [/not-audio_url]

Duration: 15:10
Arman Iranpour and Matt Aleali built Appraiva with a clear goal: make the business work before trying to scale it.Instead of chasing growth early, they focused on solving one problem well and building a product buyers co…
Why Waiting Made This Startup Actually Worth Selling [not-audio_url] [/not-audio_url]

Duration: 26:04
Samuel Abebe almost sold SpeakerSplit too early, but waiting turned it into a business that buyers actually wanted.Instead of cashing out fast, Samuel focused on building predictable revenue, operational clarity, and a s…
Why Buyers Wanted THIS Design Business [not-audio_url] [/not-audio_url]

Duration: 26:20
Eddie Lobanovskiy, David Kovalev, and Phil Goodwin didn’t grow a design agency through hype.They built a subscription design business around systems, clarity, and predictable delivery, and that’s what attracted buyers.Af…
The Playbook Behind 18 Startup Acquisitions [not-audio_url] [/not-audio_url]

Duration: 21:30
Stewart Faught has built and sold 18 software companies without venture funding or hype.His path demonstrates how simple tools, focused verticals, and repeatable systems can create tangible outcomes.By focusing on local…
How This Bootstrapped App Got a Fast, Clean Exit [not-audio_url] [/not-audio_url]

Duration: 27:08
Seun Oshinaike built Street Tag, a fitness app that turned daily walks into friendly competition and community impact, to make movement fun again.Without VC funding or shortcuts, he grew Street Tag across the UK, proving…
The 48-Hour Rescue That Turned Into a Profitable Acquisition [not-audio_url] [/not-audio_url]

Duration: 19:54
When a startup shut down overnight, Jesse Tinsley saw an opportunity. In less than 48 hours, he transformed a company that had gone dormant into a profitable and growing business.His founder story demonstrates how swift…
One Simple Habit Made This Startup Easy to Sell [not-audio_url] [/not-audio_url]

Duration: 21:39
Growing fast isn’t the only way to succeed. For Jordan Richards, staying consistent was what made his exit possible.His founder story shows how discipline and documentation can turn a small agency into a clean, profitabl…
From Two Small Projects to Profitable Exits on Acquire.com [not-audio_url] [/not-audio_url]

Duration: 16:44
Running small projects may not be glamorous. But for Thomas Ulman, it was the smartest way to scale and sell. His founder story shows how improving what already works can lead to clean, profitable exits.He took over Wait…