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 to Sell Your Startup for a Life-Changing Payout [not-audio_url] [/not-audio_url]

Duration: 22:23
What does it take to sell a music software startup and walk away with a life-changing payout?Emmett Cooke says it comes down to four things:1. Leveraging existing relationships to acquire your first customers2. Building…
Are You Selling an Asset or Selling a Job? [not-audio_url] [/not-audio_url]

Duration: 19:40
If Ian Fourie could give two pieces of advice to founders selling their SaaS startups, he’d say: Register your business in only one country Start pushing founder responsibilities to employees as soon as you canIan sold h…
How Gabby Rosen Flipped a Newsletter for 18x in Under a Year [not-audio_url] [/not-audio_url]

Duration: 16:12
What does it take to sell a startup for almost 20 times what you paid for it?Gabriella (Gabby) Rosen says it comes down to three things:Having an unfair advantage when you buyListing on Acquire.com for slightly less than…
Want to Build an Agency Worth Buying? Spend a Decade Saying Yes [not-audio_url] [/not-audio_url]

Duration: 29:23
While working full-time as a pharmaceutical sales rep, Bobby Dimovski noticed that medical professionals were: Always looking for new ways to grow their business. Usually 10 years behind on marketing trends. Hard to acce…
Look For This When Acquiring Startups, It Could Triple the Resale [not-audio_url] [/not-audio_url]

Duration: 12:07
After building and selling one of the first ChatGPT plagiarism checkers on the market in 2024, Tomer Tarsky decided to search Acquire.com for another project in the edtech AI space. He found a promising business, grew it…
Turning Your Weakest Skill into an Acquire’d Startup [not-audio_url] [/not-audio_url]

Duration: 16:58
Are you a developer who’s bad at email marketing? Ironically, you may be in a great position to build the next big email marketing tool. Onur Genes wanted to promote his software development agency but couldn’t write goo…