The Twitter scheduling tool has hit $1m in revenue after only one year! Yes, you read that right - they launched in May 2021. Incredible stuff. Co-founder Tibo has announced some Maker grants to help people grow as well which is a great way to give back.
An eye-catching announcement that the SaaS metrics tool has been acquired by Paddle, a payments processor and UK-based competitor to Stripe. What's more interesting is that while rival company Baremetrics sold for $4m in November 2020, Profitwell sold for $200m - 50 times more!
Josh Pigford, the founder of Baremetrics, was graceful enough to write a thread on why he thinks this was, namely that Baremetrics was stuck in 'side project' mode for too long and being tied too closely to Stripe hurt them. Profitwell were able to integrate with other payment processors and sell for 50x more even though they launched after Baremetrics.
The co-founder of Transistor FM, which makes over a million dollars in annual revenue, wrote a great article on the motivations of starting a business:
"Allow yourself to be selfish. Ask yourself: what do I want to get out of this experience?"
A productivity TikToker randomly made a video about LeaveMeAlone, a privacy-based email unsubscription tool. The result? Over 250,000 views in a day and tonnes of new revenue for Dani and James π°
Phil's 4 day week job board went viral on Instagram and TikTok and he's now reached 20,000 email subscribers.
Dave Gerhardt has reached $10k/m with his niche job board for B2B marketers. Impressive stuff! Job boards are hard.
A great throwback episode on the My First Million podcast. Shaan Puri did a deep dive into the frameworks he uses to be successful. I particularly enjoyed his tip to stop being overwhelmed by todo lists - have one big item per day that will make the most impact. Do that instead of feeling bad about not ticking off lots of tasks.
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