That's correct, but it's important to point out the acquirer has an existing app with a user base in the millions it will use to cross-promote Tweet Photo.
Based on some initial tests and analysis of Tweet Photo's current funnel, that $20,000 goal seems more than plausible.
But you're right in that it's definitely not certain and this type of deal has some inherent risk.
Have you done something like that before? Did you spend a chunk of your $10k on solicitor/lawyer to arrange it?
Not necessarily saying you should have done, just think personally I'd be shy of anything more complicated than 'here give me cash and take this, kthxbye'.
I agree, I sold a small Saas and it was a lot of work getting everything in place. It heavily affected my future work and the way I set up the business. Even small things like using a password manager is super helpful when trying to hand over a business.
Based on some initial tests and analysis of Tweet Photo's current funnel, that $20,000 goal seems more than plausible.
But you're right in that it's definitely not certain and this type of deal has some inherent risk.