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Startups that have hit more than $1K MRR in about 12-24 months

openstartups.listt.xyz

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Re: Startups that have hit more than $1K MRR in about 12-24 months

#101

Post by legerdemain »

danjac wrote: post #98
sho wrote: post #6

Wow. There's a lot of projects here that must have taken a lot of work - and look really good - but the MRR is just dismal. There's one there that's pretty close to a side project of mine - not even a grand. Somewhat offputting. Does this mean that many of these projects could stand to put a lot more effort into sales? Would that make a reliable difference? Or is it really just this hard? Or a bit of both? I feel lik…

There's one which seems to be a planning tool for junior military officers: https://mgrs-mapper.com/ I mean the Pentagon spends billions on things like latrines and office supplies. Assuming this does what it says it does, why is it making pennies?

Because this is one of the (thousands of) features in Palantir's government product? And this one is manual, just dragging things around a canvas -- Palantir's software places them automatically and intelligently based on available data.

Re: Startups that have hit more than $1K MRR in about 12-24 months

#102

Post by bgdkbtv »

thursday0987 wrote: post #77

my investment property, a residential duplex in the midwest, has a better MRR than most of these. total cost? a month of my time looking at houses and negotiating, which i enjoyed, and about 45k downpayment. plus i get all the tax writeoffs that property ownership brings. most of these "startups" seem like more work than they are worth.

You got downvoted because this is a tech oriented audience, but you are sadly correct.

Re: Startups that have hit more than $1K MRR in about 12-24 months

#103

Post by maxlamb »

halfmatthalfcat wrote: post #87
55555 wrote: post #58

If it takes you 24 months to hit 1k MRR you are working on the wrong thing. Just stop and move onto a better opportunity.

My startup has 0 MRR and I’ve been working on it for 7 years. What should I do?

At this point it's not a startup, it's a hobby

Re: Startups that have hit more than $1K MRR in about 12-24 months

#104

Post by shard »

thursday0987 wrote: post #77

my investment property, a residential duplex in the midwest, has a better MRR than most of these. total cost? a month of my time looking at houses and negotiating, which i enjoyed, and about 45k downpayment. plus i get all the tax writeoffs that property ownership brings. most of these "startups" seem like more work than they are worth.

You bring up a few good points with your post. First is that expenses are crucial in helping to determine how the company is doing. You might have mortgage and maintenance expenses that put you in the red, despite your greater than $1k MRR. Same with the startups in the list. Second, the growth potential: your real estate business has a fairly well understood long term revenue growth profile, assuming it is located in a mature economy, with obvious caveats of neighborhood changes in popularity, infrastructure, beneficial and detrimental facilities, while a startup at $1k/MRR can be already capped in growth or have an unknown growth potential, depending on the type of business and the market it is in.

Re: Startups that have hit more than $1K MRR in about 12-24 months

#106

Post by blackrock »

stanislavb wrote: post #95
upen946 wrote: post #56

Earlier quoted context omitted.

Thankyou. Exactly. This is for all those people who would love to have their first sweet spot of achieving $1K MRR to start with. For Silicon Valley/New York, ofcourse $1K MRR is nothing. But we have lot examples who went on nomad life style travelling countries and working from places with cheaper cost of living and in those case $1K MRR is still big.

Nice list, mate! As the founder of SaaSHub, I'd suggest adding it to the list, too. The current MRR is ~$2.4k, and it's been about a bit more than a year since I quit my job and started working full-time on it. https://www.saashub.com/open

Where does most of your revenue come from?

Listing fees? Or ads?

Re: Startups that have hit more than $1K MRR in about 12-24 months

#107

Post by northpoleescape »

upen946 wrote: post #25
tiborsaas wrote: post #23

How is the MRR amount obtained? Are these all open startups?

Yes. This is all real data. No false data. All data taken from various sources like their stripe, paddle, baremtrics data. Only thing to note is - this is before expenditure deduction. Its revenue. Not profit. But with most of these typically sass and lean startups, I would say 80%-90% would be profits, may be.

Hi, Nice list and good work! I am curious to understand how this data was made available using Stripe, Peddle, Baremetrics. Do these companies make data publicly available or was it something else. Let me know.

Re: Startups that have hit more than $1K MRR in about 12-24 months

#108

Post by wgx »

upen946 wrote: post #2

Open Startups data with revenue, launch date & social media follower count. Probably can find some pattern? Or some suggested ideas to replicate success? Or find a niche?

Could you make the source spreadsheet a view-only Google Sheet? I'd rather look at this in a sortable, searchable sheet if possible. :)

Re: Startups that have hit more than $1K MRR in about 12-24 months

#109

Post by upen946 »

carnivor wrote: post #86
DVassallo wrote: post #80

Earlier quoted context omitted.

The methodology is in the sentence you quoted.

Listing payment processors does not explain methodology. Did the startup owners send screenshots of their revenues from these processors to listt.xyz? Or did listt.xyz reach out to stripe, paddle, baremetrics ask to verify revenue data? If the whole premise of listt.xyz is showcasing financials of private businesses, I wouldn't trust the data integrity so blindly without at least some credible explanation of how thos…

Private business can still opt to display their revenues via comapnies like baremetrics.

So, companies like baremetrics pulls this data from their stripe,paddle accounts. Business will give access to baremetrics/similar companies to pull this data. Listt uses data from this kind of sources.

This builds credibility around the business.

Re: Startups that have hit more than $1K MRR in about 12-24 months

#110

Post by danjac »

Edmond wrote: post #20
sho wrote: post #6

Wow. There's a lot of projects here that must have taken a lot of work - and look really good - but the MRR is just dismal. There's one there that's pretty close to a side project of mine - not even a grand. Somewhat offputting. Does this mean that many of these projects could stand to put a lot more effort into sales? Would that make a reliable difference? Or is it really just this hard? Or a bit of both? I feel lik…

Or it could just be that so many of them are fishing in the same pond? A lot of them seem like run of the mill productivity software, it is a crowded market with big incumbents. The ones with unique offerings may just be too marginal to garner a large enough customer base, business customers ultimately want full feature suite products.

With some exceptions, most appear to be developers selling developer stuff to other developers. It's like a microeconomy based around people trying to make a living by taking in each others' laundry. If I'd hazard a guess, it's because they have the technical chops to build things, but lack the experience/connections to build things people outside of tech actually need.
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