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Tiny Acquisitions

tinyacquisitions.com

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Re: Tiny Acquisitions

#61

Post by [deleted] »

thrwaeasddsaf wrote: post #55
fooker wrote: post #34

Earlier quoted context omitted.

It’s typical tech salary for people with ~5+ years of experience doing something interesting.

Is it really or is it just in the SV bubble? Or is this a case of "it's not interesting if it's not in SV"? Sometimes reading HN gives me the feeling that there is no "tech" other than FAANG in the US. Or somehow every little "tech" company is just making FU money, which sounds hard to believe.

[deleted]

Re: Tiny Acquisitions

#62

Post by sen »

Nalta wrote: post #11

I'm curious if there's a market for people who want to buy small projects like this. I imagine there's a lot of projects that are already on GitHub with a small following with owners that would like to cash out, but I'm not sure there's a market of buyers looking to pick up repos?

I’m a buyer in this range. I’ve bought various small online tools that either weren’t monetised or weren’t monetised well, then I just put a small amount of effort into tidying it up a bit. Zero goals to “go big”, each just brings in a bit of pocket money.

If you compare the typical big-money SV-style startup sales to be like people building/flipping properly, this would be the equivalent of fixing up and flipping cheap cars or furniture. It’s a fun side hobby that makes you some extra spending money, not something to make you rich.

Re: Tiny Acquisitions

#67

Post by propter_hoc »

welder wrote: post #37

Similar marketplaces: https://flippa.com/ https://microacquire.com/

A friend of mine is doing this as his day job through MicroAcquire. He's bought a few businesses so far and is writing a blog about his experience: https://microangel.so/

So far, it looks like he's having fun but putting in a lot of work. He seems to be doing a lot of little code updates and fixes when apis change or other little things break.

Re: Tiny Acquisitions

#68

Post by alex_g »

If you're interested in buying and/or selling small projects, you can typically expect to pay more than $5k for something that's making any consistent amount of money.

You're also unlikely to find a great deal on a really special project on a marketplace. People who post on marketplaces like Flippa or MicroAcquire or SideProjectors (there're dozens of them) have either:

1. Realized the time it takes to maintain is not worth the revenues/profits

2. Realized the income is not sustainable and are trying to cash out at the end of a great run

3. Realized that some folks are willing to pay very high multiples and will list their projects at prices most (but not all) people will balk at.

If you're really interested in taking over a project that's profitable, network with people, do cold emailing, and find opportunities to take over projects that the owners are simply not interested in any more.

In other words, look for the elderly couple who is ready to move on from owning their profitable, outdated shop.

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