DuckMath
Unblocked-gaming platform letting students play games on filtered school networks. Built by Purdue student Maddox Schmidlkofer starting at age 16 on Google Sites; grew to ~1.5M monthly users and roughly $15k-$20k/mo revenue before selling to gaming company FreezeNova for $120,000.
Financial Data
Exit Analysis
Priced against revenue rather than profit, DuckMath sold at 0.7× annual revenue, below the 2.3× median across the 263 deals with a disclosed revenue multiple. Revenue multiples run higher than profit multiples because they ignore the cost of running the business, so they are only comparable between businesses with similar margins.
The $120,000 sale price puts it in the upper half of the 608 deals with a disclosed price here, where the median is $20,000. Most indie acquisitions cluster well under the headline numbers founders read about, which is exactly why a real distribution is more useful than an average.
This database tracks 227 Content/Media exits, and the ones that disclosed a price sold at a median of $26,800. 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.
See how this compares across the market on our market stats page, or browse more Content/Media exits.
Exit Timeline
Founder
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