S

Snippets (code snippets website)

Developer Tools

Ruby/Rails code snippet sharing site with tagging, launched around 2005 by Peter Cooper. He sold it after a couple of years for roughly $30,000.

Financial Data

Asking Price
Undisclosed
Sale Price
$30,000 USD
Monthly Revenue (MRR)
N/A
Annual Revenue (ARR)
N/A
Monthly Profit
N/A
Profit Multiple
N/A
Revenue Multiple
N/A

Exit Analysis

The $30,000 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 210 Developer Tools exits, and the ones that disclosed a price sold at a median of $25,000. 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.

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

Exit Timeline

Platform
Direct

Tech Stack

Ruby on Rails

Founder

P
Peter Cooper
Source
Podcast