Onfolio Holdings, Inc

Most acquirers pick a playbook, then look for businesses that fit it. After years of buying and operating online businesses, I think that order is backwards. The post Fit the Strategy to the Asset appeared first on Onfolio.

At the end of July, we put out two press releases in the span of five days. The first laid out our path forward after the terminated helium transaction: core acquisitions, Nasdaq compliance, and portfolio cash flow. The second said we’re pursuing strategic alternatives, meaning accretive acquisitions, transformational transactions, and trimming assets that no longer […] The post Reasons for Optimism: More Detail on Our Pipeline appeared first on Onfolio.

Two weeks ago, we announced the most surprising deal in Onfolio’s history: a binding letter of intent with Paramount Helium that contemplated taking Onfolio into the industrial gas business. Yesterday, we announced the deal is terminated. Press releases only tell you so much, and if you own shares or follow the company, you deserve the […] The post What Happened With Onfolio’s Helium Deal appeared first on Onfolio.

We needed better investor relations and communications tools. The market's weren't good enough, so we built our own and started selling them. Meet SharePulse and Parlance. The post Why We Built Two AI Products, Then Started Selling Them appeared first on Onfolio.

The deal looked great on paper. Strong revenue. Healthy margins. Years of consistent growth. The diligence checked out. The price was fair. Everyone was happy at close. Then the founder left (as part of the plan), and the business started bleeding. This is the most common failure mode in small business acquisitions. Not bad financials. […] The post The Operator Replacement Trap: Why Most Small Acquisitions Fail After Close appeared first on Onfolio.

One of the things we talk about a lot at Onfolio is what happens after we acquire a business. The acquisition gets the headline. The operations are where the value is created. RevenueZen, our B2B digital marketing agency, is the clearest example of this so far. Where We Started When we began restructuring RevenueZen in […] The post How We Nearly Doubled Operating Margins at a Portfolio Company appeared first on Onfolio.

ELOCs, convertible notes, and what shareholders actually get when a public company issues stock to fund acquisitions. The math behind accretive dilution, where we sit today, and how the trade is reversible. The post How We Think About Dilution appeared first on Onfolio.

A reader sent me a note after a recent newsletter asking me to explain something I’d mentioned only briefly: how our parent company costs don’t really scale with the number of businesses we own. Actually, he already understood it, but he wanted me to talk about it more for everyone else’s benefit. I realized I’d […] The post Why Our Overhead Barely Moves When We Add a New Company appeared first on Onfolio.

Since the first acquisition I made in 2015, I’ve acquired over 40 businesses. Some of these are small content businesses, some are multi-million dollar agencies or direct response courses. Some of those acquisitions have been excellent. A couple have been painful. Most have been somewhere in between. If I were starting over today, knowing what […] The post What I’d Do Differently If I Were Buying My First Business Today appeared first on Onfolio.

I’ve bought over a dozen businesses. Before that, I sold one myself. Between those experiences, I’ve sat across the table from sellers at every stage: some who timed it perfectly, others who were clearly years past the point where they should have come to market. The most common question I hear from business owners is […] The post When Is the Right Time to Sell Your Online Business? appeared first on Onfolio.