Last week, I wired $2.7M to buy back 100% control of my companies


Last week, I wired $2.7M to buy back control of my companies.

Not from investors, not from an agency–from a partner who'd joined just last year.

Those 8 digits hitting their account marked the final chapter of my 10-year, $5.2M journey to 92% ownership of Groove and Helply.

It started with the classic partnership playbook.

First the vision: "We'll scale this together, take it to new heights."

Then reality: Our paths just weren't aligned.

No hard feelings–just a $2.7M reminder that sometimes the best partner is yourself.

It was a heavy wire to send.

But, it made me reflect on what really matters: shared control and true ownership.

Because here's something partners don't seem to understand:

I've spent 10 years buying back $5.2M in equity because I believe in running this my way.

I'm not building for exits. I'm building for my family.

We're wildly profitable (50%+ EBITDA), growing steadily (without the unicorn chase), and delivering exactly what I want ($5M ARR, complete control, zero pressure).

That's the whole point.

If you're running a profitable bootstrapped SaaS business in 2025, you can choose your path.

In today's world, if you can grow sustainably–you don't need anyone's permission to build it your way.

When your timeline is generational, you can either chase other people's dreams or buy back every single percentage point until it's truly yours. I choose ownership. I choose family.

I choose the long game.

In this market, partnership offers mean nothing if you're building for your children's children.

Here's to another 10, 20, 30 years of grinding–my way, at 92% ownership and counting.

Alex Turnbull

Founder and CEO, Groove and Helply

P.S. There is an active comments section on this post on LinkedIn. Check it out here.

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Alex Turnbull

$0 to $5M ARR bootstrapped, solo founder. My new challenge: bootstrapping a new SaaS in public from $0 to $10M ARR in 3 years w/ 50%+ profit margins. Founder & CEO @ GrooveHQ.com & Helply.com 👋 I'm Alex, and here's my story in a nutshell: - Founded 3 businesses: one sold for 8-figures, the other valued at $40M+, and my latest is just starting up - Early #buildinpublic founder with Groove’s Journey to 100K blog - Featured in 100+ media outlets 📈 $0-$5M ARR without funding with Groove 🎯My new challenge: Bootstrapping a new SaaS in public from Zero to $10M ARR in 3 years w/ 50%+ EBITDA 💸 Sharing my learnings on building highly profitable, capital efficient, lean, bootstrapped SaaS business What you'll get by subscribing to my newsletter: 🚀 Actionable tips to grow a profitable SaaS business 📚 Education around the future of AI in customer service 🔥 Transparent & actionable advice, no fluff 💼 Exclusive updates on growth Ready to build the highly profitable, capital-efficient, bootstrapped SaaS of your dreams? I’ll be sending a weekly newsletter documenting my journey from Zero to $10M ARR with Helply and business growth tips + tricks - so hit that “Subscribe” button!

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