from Hacker News

Show HN: I bought a SaaS and am modernizing it

by nathanstitt on 10/5/20, 6:48 PM with 13 comments

  • by nathanstitt on 10/5/20, 7:20 PM

    Hi HN! Like the title says I recently purchased a SaaS (https://myclientspot.com/) that was desperately in need of updates and am gradually working through it. I'm planning to write a series of posts about the process. This is the first and covers the acquisition and lessons learned through that process.
  • by ElCapitanMarkla on 10/6/20, 10:18 AM

    Nice work. Are you able to give some ball park figures around what this sort of thing has cost / yearly revenue for the site? e.g. are we talking low 10s, high 10s, 100s, millions...
  • by ronakjain90 on 10/7/20, 12:26 PM

    Did you had any problem upgrading the CakePHP or the Tech stack in general? What are your future plans with respect to the continuing the existing tech.
  • by patatino on 10/6/20, 1:40 PM

    Is this the first time buying a SaaS or have you done this before? What is the strategy here? Work on it for a couple of months and sell it for more?
  • by rco8786 on 10/8/20, 11:31 AM

    How did you find the business and know it was for sale? Curious about that process.