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- main products are Newspicks, Speeda, and Quartz - newspicks - news app. Some original content, some aggregation - cost $100/year. Has 150k paying subs. $40m in annual rev. 3m free users - Speeda is like Crunchbase, pitchbook, or cbinsights - Cost $12k/year. 3200 users
- speeda does $41m in sales - they bought Quartz a few years ago. Dumb move, I think - Quartz does $30m/year. Huge losses though. - rest of company is profitable with good margins given the growth - other products they have do $8m/year
why I like them: - they have multiple business units and product lines - super capital efficient - people seem to love their products
very healthy. but likely easier to start with 1 then expand. most people don't start 100 restaurants at once but expand after they nail the model.
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