How Shri Flipped His Cold Outreach SaaS for $6K

Founder from India sold his micro-SaaS startup for $6,000 in just 4 days and then landed a $12,000 freelance project — all thanks to Microns.

Nov 01, 2024

Hi, my lovely readers.

I had my 27th birthday at the start of October, so I took time to relax and recharge. I’m glad to get back to work again.

The good news is that we already started the development of asset purchase flow that will help buyers make offers through the platform to close deals easier and faster. That’s where my main focus is now.

Besides that, I keep working on content for Microns. I see significant potential in success stories where founders share their journey from idea to exit. They contain a lot of valuable information that I’ll share with you so you can learn from real-life examples.

In today’s newsletter:

Icons marketplace acquisition deal;
How Shri sold his micro-SaaS in 4 days;
Online software store with $200k in annual revenue;
A good night of sleep hacks from Marc Lou.

Enjoy ☕️

👋 Welcome

Welcome to the 724 new people joining in the last month.

Let me know what you think of your first issue.

Want to collaborate? Drop me a DM here.

🎉 Recently sold startup

Earlier in October, we sold a marketplace project called PixelBazaar. It helped designers and developers discover premium icons for their apps.

PixelBazaar was successfully sold on Microns!

During the exit, PixelBazaar had 250 customers and $4,800 in annual revenue. It was built using Webflow and Flodesk. The project was sold for $7,000 (1.45x revenue multiplier). The seller sold a project to retire faster.

It’s a great example because the buyer and seller were a great fit. They both passionate about design and icons. Zlatko (seller) run this project since 2012, so for him, it was a big step. I believe the buyer will continue developing and capitalizing on the project. I’m glad we have buyers looking for marketplace projects besides micro-SaaS, mobile apps, and newsletters.

If you have a profitable bootstrapped startup, feel free to submit it, and we'll find you a buyer.

Sell Your Startup →

💰 From idea to exit

One of the core principles I follow in building Microns is transparency. That’s why I reworked our listing page for sold startups, so you can learn and get inspired by the story behind every acquisition.

This time, we have Shri, a founder from India, who sold his micro-SaaS in just 4 days and landed a $12k freelance project from one of the potential buyers on Microns, resulting in $18k deal. This story is so powerful that I recommend everyone to check it out. It showed me that our platform influences not only acquisitions but the job market too.

How ColdDM grew after the sale (2023 recap)

I love it when both buyer and seller win from the deal. And this is precisely the case. The buyer grew the project to around $2k MRR and is now looking to sell the project to acquire a bigger business. Based on my information, the buyer 4x the acquisition by operating ColdDM for a year, and he could at least 3x it after the sale, totaling 12x return.

I develop Microns to give founders and online entrepreneurs an alternative way of earning while living their independent remote lives. Imagine you can do things you like anywhere in the world and never worry about the money.

Read the full story