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Profitable from Day One : How a Bootstrapped SaaS Found a Successful Exit
“My key priority was securing a buyer capable of both shaping a long-term strategic vision for DropFunnels and seamlessly transitioning ownership. The team at FE International had already identified the perfect buyer within their extensive network, ensuring a perfect match for the company’s future growth. ”
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[NEW FBA Listing] Amazon launches a business accelerator, Google pays for news content, SaaS market growth predictions, App Store appeals process, and more
Google is to start paying for news content from select publishers as part of a “new news experience”. The program will start in Germany, Brazil, and Australia and will include publications like Der Spiegel and Schwarz Media. Spiegel Group’s Managing Director said, “[The program] will allow us to curate an experience that will bring our award-winning editorial voice into play, broaden our outreach, and provide trusted news in a compelling way across Google products.”
[NEW Content Listing] Mediavine changes its publisher requirements, Walmart teams up with Shopify, Google Chrome struggles and more
Mediavine has changed its requirements for new publishers due to increased demand for its services in the wake of COVID-19. Like many online businesses, Mediavine has seen a surge in activity due to the global lockdown, and this rush of new applicants has caused the company to rethink its entry requirements.
[NEW E-Commerce Listing] Amazon launches FBA credit lines, Affiliate marketing report released, new Google developer tools
Amazon has teamed with Goldman’s Marcus brand to offer credit to small businesses. Amazon had previously considered building its own marketplace for lenders, where lenders could compete over Amazon’s merchants. Instead, Amazon is to work exclusively with Goldman, offering revolving credit lines with fixed annual rates to small businesses.
[NEW SaaS Listing] The President vs Twitter, Microsoft’s relationship with Docker, and Google’s new ranking factor
President Trump has taken aim at social media companies after seeing his tweets flagged with alleged “misinformation” tags this week. The President has said he aims to introduce legislation that will curb the freedoms of social media companies after tweeting that he would shut down Twitter for interfering in an election. Share prices in Twitter have dropped since the Presidents response as extra regulation for social media companies will only hamper their growth prospects. However, it remains unclear as to whether the President’s Executive Order will be passed into law in the coming weeks and months.
[NEW SaaS Listing] Shopify announces product launches and updates, Amazon Prime Day moves to Fall and much more!
Shopify has unveiled a host of new finance, retail, and shipping updates for its e-commerce platform at a virtual event dubbed Shopify Reunite. The headline product is Shopify Balance, a business account, debit card and rewards combination that will include a new area found within the Shopify merchant admin workspace. It will allow merchants to get a clear overview of their cash flow as well as let them pay bills, track expenses, and make changes to the direction of their business.
[NEW App Listing] Adobe’s Digital Economy Index jumps, Amazon writes a letter to Congress, DigitalOcean raises $50 million and more!
Data from Adobe’s Digital Economy Index has recorded a 49% jump in U.S. e-commerce activity in April, compared to a pre-coronavirus baseline. Online grocery sales are driving the majority of the increase, with a 110% boost in sales, while other sectors like electronics saw both an increase in sales (+58%) and price inflation for the first time since 2014.
[NEW SaaS Listing] GitHub has announced new features, Shopify becomes the most valuable company in Canada and more!
Microsoft’s GitHub has announced several new features set to improve the developer experience for its 50 million users. The new tools include Codespaces, GitHub Discussions, Code Scanning, Secret Scanning, and GitHub Private Instances, all of which aim to bring software communities together to solve the problems that matter to them.
[NEW SaaS Listing] Shopify launches Shop app, Amazon combats fraud, Tech Q1 results and more!
Shopify has introduced Shop, a first-of-its-kind shopping assistant app for customers and merchants alike. Designed to bridge the gaps in online shopping, Shop offers users the ability to easily discover local businesses, receive relevant product recommendations from their favorite brands, check out effortlessly, and track their online orders. The app is an update and rebrand of Arrive, an app for tracking packages from Shopify merchants and other retailers, which the company says has been used by 16 million consumers.
Why an Online Business is a Good Investment
If you have capital available and you’re assessing your investing options, you might be thinking about real estate, bonds or other investments. But, have you ever thought about buying an online business? In recent years, online businesses have become increasingly popular as an alternative investment class for investors.
