
Entrepreneur Jesse Tinsley, known for his ventures including Employer.com and Bench Accounting, recently revealed on social media that he rejected a nine-figure acquisition offer in 2024, following a similar rejection of a $10 million offer in 2022. Tinsley's decision underscores his ambitious goal of building a company valued at over $1 billion.
"Where most people see risk entrepreneurs see opportunity," Tinsley stated in a recent tweet. He continued, "We had an acquisition offer for ~$10M in 2022 the popular opinion if I asked anyone was 100% accept. Same thing in 2024: 9 figure offer. You have to be an absolutely mad with incredible conviction to build $1B+."
Tinsley, a serial entrepreneur and angel investor, has a history of building and scaling technology companies, including Recruiter.com and Job Mobz. His strategic approach often involves leveraging high-value domain names, as seen with Employer.com. He has also been instrumental in the growth of companies like 23andMe and Coinbase as an early team member.
His company, Bench Accounting, which provides bookkeeping and tax services, recently achieved profitability and is generating approximately 15% free cash flow, as Tinsley previously shared on LinkedIn. This financial performance likely contributes to the high valuation reflected in the recent acquisition offers. Tinsley's commitment to growth is further highlighted by Employer.com's participation in Season 3 of "Going Public," an interactive series allowing viewers to invest in featured companies.
Beyond his core ventures, Tinsley has also garnered attention for leading an investor consortium, which includes YouTube star MrBeast and Roblox CEO David Baszucki, in an all-cash bid exceeding $20 billion to acquire TikTok's U.S. operations. This separate initiative demonstrates his broad influence and strategic engagement within the tech and investment landscape, though the tweet specifically addresses his personal entrepreneurial journey and the valuation of his own company.