Excited to announce the launch of ACQ Ventures, the new venture arm of Acquisition.com.
Alongside Alex, Leila, Zac, and Ben, I’m thrilled to share our next chapter supporting founders.
Over the last two decades, I’ve had the privilege of investing in companies, serving on a public board, and walking beside founders through the trenches of building ultra successful businesses.
ACQ Ventures backs early-stage founders building tools that we wish existed when we were in their shoes. Products that solve meaningful problems for small and midsize businesses.
Huge Announcement
Sharran Srivatsaa is joining us as Managing Partner, and President of ACQ.COM
To explain how big of a deal this is, I’ll cite a recent article…
“Like Michael Jordan in his prime, he’s stepping away from his president role at a peak moment, having led Real to heights no other brokerage has achieved in such a short time.”
Sharran joins us directly from $REAX - scaling it from $200M to $1B+ Market cap in under 3 years - in one of the worst real estate markets in recent history.
Prior to that - he ran Srilo Capital - his family office that focused on PE, Tech, & Real estate.
Prior to that, he scaled Teles from $300M in volume to $3.4B which he then sold to Douglas Elliman.
He has 5 major exits under his belt. And in between worked at Goldman Sachs and was a pro tennis player for five years.
TLDR: He comes to us with deep tech, finance, public sector, real estate, M&A and operational knowledge. He’s really good and really smart at a lot of stuff.
On a personal level: I’ve known Sharran for 6+ years. The first time we spoke was for 4 hours on a random weeknight. We became instant close friends. He’s one of the few people I can call with good news, bad news, or for advice.
We’ve partnered on every multi-family real estate purchase I’ve made in the past 5 years (I think?).
In short, Sharran is great. And now, he’s joining ACQ, making ACQ even greater.
WHAT THIS MEANS FOR YOU:
You’ll get more “advanced business” content.
You’ll get more visibility into our investing side (I’ve kept this more private, but that will change soon). We’ll be sharing our deals more publicly.
We’re starting a Behind Closed Doors podcast for those of you who like the more advanced stuff (think higher level ops, org design, investing, private equity, real estate, alternative assets, etc)
And…we have a big amazing thing planned that I can't wait to tell you about.
Until then, please join me in welcoming Sharran Srivatsaa to ACQ!
A few lessons from a $100M weekend for the $100M series.
1. Big goals & making history motivate a team more than financial incentives.
2. It takes big talent to make big goals happen. This was 100% a team win.
3. Never underestimate what you can accomplish if you expand your time horizon. You often have the right sized goal, just not the right length timeline.
4. If you want to remove nervousness, practice so much you get bored of doing it. When you’re sick of doing something is when you’re ready to win by default.
5. Winning happens in the margins. It’s not 1 decision. It’s 1000 small decisions coming together.
6. In the long run, the only thing that matters is “is the thing great” - if so - nothing else matters.
7. Stories are more valuable than what it costs you to make them. They are the greatest arbitrage.
8. Calling your shot is low cost high return. And makes you work much harder to make it come true. But if you’re gonna call it, you better make it come true. Leave no doubt.
9. No one is going to think big for you. Its one of the few things you just have to do for yourself.
10. Goodwill is just “how many good things did people have happen as a result of your influence without compensation.” If you want more goodwill, make more good things happen for other people.
11. Always bet on you. And betting on you means risking money that you’ll only get back if you figure stuff out that you don’t yet know how to do.
12. Culture + Brand >
13. You will be criticized for going big, going small or not at all, so you might as well make it count. You’re gonna die either way. Might as well have an epic story. Come back with your shield or on it.
14. Do so much work it would be unreasonable that you don’t succeed. Outwork your self doubt.
15. The people who are in your corner will show up for you if you’ve shown up for them.
16. There’s nothing more valuable in this world than a spouse who believes in you more than you do.
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Here’s all the metrics for the marketing nerds from our internal dashboards during the at cart close. (The second two I took a few hours later that morning because I forgot to.)
Yesterday was insane. And we are running it back at 8AM PST / 11AM EST on YouTube
$100M Money Models Encore Launch.
Grateful for you all ✊
(Link in bio)
