During the pandemic, there was a surge of Americans who started their own companies. Grant is trying to highlight models for entrepreneurs beyond Elon Musk or Mark Zuckerberg.
Mostly, Grant started They Got Acquired because she felt there was something missing for people like her.
Beginning about a decade ago, she started and sold two online businesses and helped build another, the financial website The Penny Hoarder. When it was time to sell, Grant felt lost. “I didn’t know where to start or where to find the right professionals to help me,” Grant said.
They Got Acquired is compiling information about start-ups such as their revenue and approximate acquisition price. Grant imagines that the data will help other business owners have a better sense of what their companies might sell for.
Interviews with start-up founders are published on the website and a coming podcast series will feature entrepreneurs sharing practical tactics and strategies. Jodie Cook, who started a social media agency, described for They Got Acquired how she made sure that the business could operate without her.
Grant said that she loved the business story of a mother and daughter team, Marianne Edwards and Anna Maste, who started an online community for recreational vehicle travelers. They sold their company last year for at least $1 million, Grant said, adding that she was encouraged that Maste worked on her business initially for only a few hours a week.
A friend of mine who knows Grant sent me a link to They Got Acquired, and it was an “aha” moment. I’ve written before about the start-up system that shoots for and rewards the biggest ideas possible.
Article source: https://www.nytimes.com/2022/03/01/technology/tech-startups.html
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