Seeking Equity Investors for Down Payment on $450K No-Code SaaS Platform

searcher profile

September 30, 2024

by a searcher from University of Washington in Seattle, WA, USA

I am looking to acquire a no-code platform that empowers businesses to seamlessly convert their websites into mobile apps and to facilitate this acquisition, I am seeking investment in exchange for equity to cover a down payment of 10-20% on an asking price of $450,000 (currently at a 4.3x profit multiple), while actively negotiating to lower the multiple to 3x profit.

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Reply by a searcher
in Seattle, WA, USA
This describes quite a large percentage of mobile apps - a great many of them are just a wrapper around the mobile version of a website. The main benefit of the wrapper is siphoning device data off for monetization. The question here being whether you're getting ripped off - there are many tool kits and services to do this for both Android and iOS, some are even free.

Are you buying one of the actual tools, (i.e. you own that IP and can extend/expand to fend off the many competitors out there)? Or are you buying somebody's implementation of one of those tools, (no IP other than their interface for it and no defense against competitors)...?
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Reply by a searcher
from University of Chicago in Seattle, WA, USA
^redacted‌ is this converting the website into a native app? Which platforms and what versions?
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