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
How Focus Closed SwiftNet in 30 Days [not-audio_url] [/not-audio_url]

Duration: 32:06
Running two startups sounds ambitious. But for Nikita Danilov, it became a signal to focus. His startup exit story shows why knowing when to sell and finding the right buyer matters most.He built SwiftNet, a subscription…
How a College Shopify App Project Turned Into a Profitable Exit [not-audio_url] [/not-audio_url]

Duration: 16:16
Tanmay Kejriwal didn’t plan to build a company.What started as a class project at TCU, a simple Shopify script to fix order issues, grew into Editify, a Shopify app with hundreds of users and steady revenue. Once listed…
What It Takes to Turn Complexity Into a Successful Exit [not-audio_url] [/not-audio_url]

Duration: 20:56
Ion-Alexandru Secara didn’t chase flashy markets.He built GovCon in a Box to help small contractors cut through government red tape, simplify proposals, and win more deals. Thousands of paying customers followed, and wit…
The Secrets Behind This Bootstrapped AI App Life-changing Exit [not-audio_url] [/not-audio_url]

Duration: 15:49
Itay Elgazar didn’t wait years to find his exit. He launched Superdev in early 2025, an AI tool that let developers build full-stack apps in minutes. Within months, it went viral, gained hundreds of paying users, and jus…
Bootstrapped, Viral Growth, and a 2-Week Exit [not-audio_url] [/not-audio_url]

Duration: 14:34
Said Korkmax and Esra Sinmaz built Appify Mobile, lean and bootstrapped. Without ad spend, they focused on App Store Optimization (ASO) to grow AI apps that caught fire in crowded app stores.Small tests soon turned into…
Scaling AI Content to $1M ARR and a Successful Exit [not-audio_url] [/not-audio_url]

Duration: 14:48
Teemu Raitaluoto had sold before.His first exit on Acquire.com was small, but it taught him exactly what slows buyers down. Two years later, with AIContentfy, he applied those lessons from day one — scaling to $1M ARR an…
Simple Steps to Get a Bootstrapped AI Startup Acquired [not-audio_url] [/not-audio_url]

Duration: 17:34
Umar Khan didn’t plan to sell. Bootstrapped and lean, his AI side project ChatFAI went viral: 1M users in a year and MRR jumping from $500 to $2,000 in two months. Its edge? Long-term memory that kept conversations alive…
Why Selling a Profitable Startup Was The Best Move [not-audio_url] [/not-audio_url]

Duration: 14:41
JJ Englert didn’t start in SEO. He built Trade Backlinks, a profitable SEO marketplace for buying and selling backlinks safely and transparently.He launched it lean, listened to user feedback, and kept adding features th…
Why Buying an Ecommerce Business Was the Best Path [not-audio_url] [/not-audio_url]

Duration: 16:57
Alex Carroll didn’t build Alpine Rings. He acquired it and scaled it to a $2.4M run rate.Once inside, he fixed what mattered: product pages, offer structure, and one $300 upgrade that drove 40% more revenue.When it was r…
5 Simple Steps To Get a Bootstrapped SaaS Acquired [not-audio_url] [/not-audio_url]

Duration: 17:05
Rich J. Yun didn’t build Jet Designs to sell it. He built it to solve a real need: on-demand design support for early-stage startups.But once it was running smoothly, he listed it on Acquire.com. No brokers. No outside c…