[mtnGoat]

One of the problems with acquiring e-commerce business is that most of them are not very well ran. Most do not even know their COGS or margins, thus making them horrible acquiring targets because you don’t know what you are buying. Might work at scale though. Good luck with the venture though, good idea.

[cjisakow]

We are looking at companies that are doing at least a few million dollars in sales. The sellers are super impressive in my opinion, its hard to get there! So yes sometimes they don't have the best records, but we are looking at companies with a relatively few number of skus so if we need to go back to the bank records and invoices to recreate cost structure we can. So far most sellers we work with are great entrepreneurs that either don't have the resources, capital or experience to take the brand to another level.