Founder Playbook

Idea validation
I bought an app for two thousand dollars, fixed it up, and ended up selling it for a pretty good amount of money — like 10x my money — and realized I could do this.

Buying a $2K app and 10x-ing it proved the roll-up model before pitching investors

Before pitching a single VC, Michael Ritter validated the Maple Media concept with his own money. A $2K roadside-game app he acquired and monetised became the proof-of-concept that eventually raised $1M from angel investors and attracted a private equity backer. Cheap first experiments compress the hypothesis-test cycle for any acquisition-driven strategy.


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Michael Ritter
Maple Media37+ app acquisitions
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Lessons from Buying and Operating 40 Apps — Michael Ritter, Maple Media· 4:00
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