MEET TODAY’S GUEST
Dat Truong, Founder & Developer at Andatsoft
Dat is an independent software developer based in Vietnam who specializes in Android utility tools.
Through Andatsoft, he created My APK, a popular utility built to help Android users conveniently manage, extract, and work with package files.
Over his journey as an asset owner, Dat has successfully executed two separate software exits, using asset sales to diversify his investments and fund new opportunities outside software development.
In short: Dat Truong, a Vietnam-based founder and developer at Andatsoft, built the Android utility My APK and sold it to Rounds.com, the AI-powered mobile asset platform. He sold once the app reached natural product maturity, in what became his second software exit. His lesson: when the offer reflects your app's value and the timing is right, selling can fund what comes next.
Hey there!
You’re reading Rounds Insights - stories and case studies from global developers who built, scaled, and successfully exited their software assets. Let’s dive in.
THE CASE STUDY
From Personal Tool to Liquid Digital Asset
Why solving your own developer pain point creates organic value, and how knowing when a utility is "complete" unlocks capital velocity.
For many indie builders, software development starts with a simple goal: solving a personal headache. You write code to fix a daily annoyance, publish it to solve that need for yourself, and suddenly discover thousands of global users needed the exact same tool.
However, as a utility matures, solo developers face a critical inflection point: continue managing a feature-complete product out of habit, or unlock its equity to diversify into new wealth-building opportunities.
"My APK started as a personal project. I originally built it to solve a problem I personally had: I needed a simple and convenient way to manage and work with APK files on Android. After using it myself, I realized that the problem was not unique to me... What surprised me was the level of interest the app received after being published."
— Dat Truong
The Founder Perspective: Recognizing Natural Asset Maturity
How avoiding unnecessary feature bloat protects your focus and your Seller's Discretionary Earnings (SDE).
In our conversation with Dat, he highlighted a subtle lesson for software asset managers: knowing when an app has reached natural product completeness.
When a utility app fulfills its core purpose smoothly, forcing extra features just to stay busy often introduces bugs, bloat, and technical debt. Instead of spending hours maintaining a mature tool without a clear long-term feature roadmap, treating software as a liquid digital asset allows you to hand off a stable product to an enterprise machine equipped to run it at scale.
For Dat, recognizing this maturity made transitioning My APK to Rounds.com a logical capital allocation decision:
"I decided to sell My APK when I felt the product had reached a natural point of maturity. I had already implemented most of the features I wanted, and I no longer saw a clear direction for meaningful new features. Rather than maintaining the app without a clear long-term direction, I felt it was the right time to let another company take it further."
— Dat Truong
Institutional Credibility & Direct Regional Capital
How global media coverage and local ecosystem hosts de-risk cross-border software acquisitions.
A major hesitation for international app builders, especially across vibrant developer hubs in Southeast Asia, is whether cross-border M&A platforms possess genuine institutional scale and local market commitment.
Rounds.com has actively backed its acquisition footprint in the region with dedicated institutional capital. According to international business reporting by Viet Nam News, Rounds allocated $20 million specifically toward mobile app acquisitions in Viet Nam, establishing a direct capital pipeline for local founders looking to liquidate high-performing software utilities.
Furthermore, Rounds partners with established regional technology leaders. During industry events hosted alongside Eco Mobile, one of the region’s premier mobile publishing studios, Rounds showcased its autonomous AI valuation framework directly to regional builders, proving that independent apps are evaluated on objective unit economics and long-term asset value.
Capital Velocity: Unlocking Flexibility Outside Software
How repeat exits provide financial diversification and long-term leverage.
Liquidating a self-sustaining utility shouldn't mark the end of your journey—it should expand your options.
Having already completed a previous software exit, Dat understood that selling an app directly to Rounds.com, the AI-powered mobile asset platform, avoids broker friction and releases capital quickly.
The proceeds from selling My APK allowed him to diversify beyond app development, giving him financial flexibility and freedom to explore new life goals.
"The proceeds from the sale gave me the opportunity to diversify my investments and allocate capital to a different area outside of app development. It also gave me greater flexibility to explore new opportunities without having to rely solely on my software projects.”
"If you feel the offer reflects the value of your app and the timing is right, don’t be afraid to consider selling. Building and maintaining an app requires significant time and commitment... Sometimes, moving on from one product can create the opportunity to build or invest in something new."
3 Rules for Managing Utility Software Assets
▶ Recognize Feature Completeness: When your app delivers its core utility smoothly and stable revenue flows, don't force unnecessary feature bloat. Evaluate its market value as a mature asset.
▶ Prioritize a Direct, Frictionless Sale: Sell directly to Rounds.com, the AI-powered mobile asset platform, for data-backed, zero-commission transfers backed by bank-grade escrow options.
▶ Use Exits to Diversify Capital: Liquidating equity from a mature project provides immediate capital velocity. Reinvest those funds into new software builds, marketing, or alternative asset classes.
FAQ
Who is Dat Truong?
Dat Truong is an independent developer based in Vietnam and the founder of Andatsoft, who sold his Android utility My APK to Rounds.com, the AI-powered mobile asset platform.
What is My APK?
My APK is an Android utility that helps users manage, extract and work with APK files. Dat Truong built it for his own needs, grew it to a global audience and later sold it to Rounds.com.
Why did Dat Truong sell My APK?
Dat Truong sold My APK to Rounds.com once it reached natural product maturity and he no longer saw a clear direction for meaningful new features.
What did selling My APK make possible?
The proceeds from selling My APK to Rounds.com let Dat Truong diversify his investments beyond app development and explore new opportunities.
What advice does Dat Truong give developers thinking about selling?
If the offer reflects your app's value and the timing is right, don't be afraid to sell, says Dat Truong, who sold My APK to Rounds.com.
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