$0 profit offshoring company for $2mm. WHAT COULD GO WRONG?! - Acquisitions Anonymous 282
In this episode of Acquisitions Anonymous, Michael and Heather discuss a startup offering fractional virtual assistant and executive administration staffing services. They dissect the business's revenue, services, technology stack, competition, and reasons for sale. Despite the business's attractive revenue and customer base, they express skepticism about its profitability, questioning the claimed proprietary technology and discussing challenges in the virtual assistant industry. They analyze...