5 ms·
$218 MRR and damn proud of it, too!
by joemasilotti 5y ago
$218 MRR and damn proud of it, too!
- tofuahdude 5y agoHow much did you sell it for?
- ilrwbwrkhv 5y agoMaybe a 1000 or 2000. Not worth spending 14 months in my opinion.
- giarc 5y agoDefinitely more than that. I sold something doing $5MRR for $2000 on MicroAcquire.
- creeble 5y agoAny idea how the buyer did after that? I'm a big microacquire lurker.
- giarc 5y agoHard to say really. They revamped the webpage but left the product mostly the same (was a Google Sheet add-on). The only insight I have is the "# Users" that gets listed in the Google Workplace Marketplace. I think it's up to a few hundred, so likely they haven't made their money back yet.
- warent 5y agothe lessons learned are definitely worth if you apply it going forward. making successful products and wealth is a skill. that value snowballs into making one rich
- ilrwbwrkhv 5y agoI doubt it. I think it's actually opposite. You create something which the market pulls away from you.
- KhoomeiK 5y ago$218 MRR = $2616 ARR With a pretty standard 4x multiple, it's a $10k business. Though I imagine the slower growth etc resulted in an actual valuation ~$8k.
- dutchbrit 5y agoYou deserve to be proud, well done Joe. Most side projects fail, yours didn't. Enjoy being a dad!
- bradgessler 5y agoAgreed. Having bootstrapped a $10m+ ARR business, I always think it’s a HUGE accomplishment when somebody makes their first dollar from SaaS. If you haven’t yet, follow Joe on Twitter (https://twitter.com/joemasilotti https://twitter.com/joemasilotti). He’s one of the most positive dudes building SaaS on the internet and it’s just so enjoyable to watch.
- hooande 5y agoyou bootstrapped one hell of a business. SaaS is hard, but y'all made it look easy
- bradgessler 5y agoThanks! It's def really hard. Nothing easy about it.
- PaywallBuster 5y agoI just meant it was not printing millions after 14 months hah well done Joe, I should start following your footsteps!