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The $99 Side Project

NewsletterNewsletter sponsorship 2018

Curated growth-marketing email newsletter launched in 2017 on a documented $99 total startup budget. Founder Miles Burke sold it at the start of 2018, less than 13 months in, for a little more than a 1,600% return on that outlay; the dollar figure was not disclosed.

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 78 Newsletter exits, and the ones that disclosed a price sold at a median of $5,000. 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 1.1 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 Newsletter exits.

Exit Timeline

Founded
2017
Time to Exit
1.1 years
Platform
Direct

Founder

M
Miles Burke
Source
Other