Startup Sphere Weekly #48

Hey it’s Vlad.

Welcome back to Startup Sphere, a 5-minute weekly digest about online businesses selling for life-changing amounts of money.

I’m a bit under the weather this week, but grinding this out to get it out by Wednesday 😤

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Now let’s get into this week’s listings ⤵️

Weekly Rundown

A platform to empower soccer bettors

Asking Price: $150,000
TTM Revenue: $52,000
TTM Profit: $37,000

I’m a big fan of data products. In theory, they simply take a data API/source and funnel that data into a better format. This makes the solution simple and elegant.

This specific business is called Footy Amigo. They focus on soccer data, helping bettors make the right decisions when placing bets. Users can set pre-match and in-match alerts to be informed of specific conditions, making it easier to place bets on certain outcomes.

I really like the concept behind this product. I think it solves a specific pain point and has a target audience. I can’t speak on the effectiveness of the app, but it sounds cool in theory.

The revenue multiple is a bit high IMO, but this can be a good deal at a slightly lower price.

→ view the listing here

*****

Swiping extension for dating sites

Asking Price: $200,000
TTM Revenue: $44,000
TTM Profit: $43,000

This is a business idea/product that has been around for some time and looks like it is still profitable.

The idea is a Chrome extension that automatically swipes right for you, so you don’t have to do it manually. The tool has 12,000 weekly active users and 550 paying subscribers.

Something else that I found interesting was that this app gets used by agencies and influencers on dating apps. So while it is mainly a B2C product, it can also work for B2B.

There is also some potential to expand the product and introduce some AI matching features, or pickup line features. Companies like rizz.app make millions off a similar concept. This tool already has a user base that is interested in dating apps, so it wouldn’t be too hard to convert them.

→ view the listing here

*****

Automated crypto token generator

Asking Price: $202,500
TTM Revenue: $100,000
TTM Profit: $94,000

In honor of the recent crypto bull market, I decided to include a crypto SaaS here.

The SaaS for sale is CoinCode, a tool that lets users automatically generate a token with little to no technical knowledge. Currently, the tool works on blockchain networks like Ethereum, Binance Smart Chain, and Polygon.

The company monetizes in a couple of interesting ways. Firstly, they charge a flat fee to generate a token of your choice. It also seems like they take a fee for token transactions. This is basically like implementing a performance-based model, which can be quite lucrative.

I’m not sure if this is a company that would be around for the long term, but nonetheless, it was an interesting find.

→ view the listing here

Cast Your Vote

Last week’s results: 42% of voters chose the AI-powered SEO content generator as the best business to acquire. Read last week’s newsletter here.

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That’s all for this week, hope you enjoyed it. I’d really appreciate it if you shared this newsletter with someone you know. You can use your personal referral link above and I’ll send you a database of all the businesses I’ve featured here 😊

As always, till next Wednesday 🚴‍♂️

— Vlad