Referral Platform Zferral Acquires SaaS App Store Cloudomatic

so does this get credited as a startup weekend miami exit success story?

congrats btw!

yes sir!!!!

Interesting to see one startup acquiring another startup!

Yup. Basic story is this:

We built out all the technology to flow. It was/is launch ready. We had decided to pursue padpressed, no onswipe 500% full time. We became friendly with Jeff and he wanted to acquire the technology + bring us on as advisors. There was a good amount of cash that changed hands, not a ton by any means either. Equity was more than happy. We still believe in this vision and the zferral team is the one to do it.

From one of the comments on the post:

A quick search on Google shows Zferral has less than 40 customers (http://www.google.com/search?q=site%3Azferral.com+%22powered...). Where are they getting the cash for the acquisition from? Is there something I'm missing?

Yeah, definitely not the case. Looking at that now. (I know the numbers.)

congrats to you all. really excited to watch your companies blossom.

Congratulations Jason!

thank you! We're excited to see zferral continue on with an awesome vision.

Congrats Jason!

yer a busy man :)