D

DropSend

SaaSSaaS subscription 2008

Bootstrapped web app for sending large files to other people instead of attaching them to email. Ryan Carson and his co-founder built it in 2005 and sold it three years later, in 2008, for an undisclosed sum.

Financial Data

Asking Price
Undisclosed
Sale Price
Undisclosed
Monthly Revenue (MRR)
N/A
Annual Revenue (ARR)
N/A
Monthly Profit
N/A
Profit Multiple
N/A
Revenue Multiple
N/A

Exit Analysis

This database tracks 362 SaaS exits, and the ones that disclosed a price sold at a median of $20,000. Category matters more than founders expect: buyers apply different discount rates to a content business, a mobile app and a B2B tool even at identical revenue.

From founding to sale took 3.0 years. Time to exit is a decent proxy for how built-to-sell a business was: shorter, cleaner processes usually mean documented operations and fewer surprises in due diligence.

See how this compares across the market on our market stats page, or browse more SaaS exits.

Exit Timeline

Founded
2005
Time to Exit
3.0 years
Platform
Direct

Founder

R
Ryan Carson
Source
Other