B2B recruitment-focused newsletter reaching executive audiences. Sold to Series A recruitment startup by 23-year-old founder after building engaged subscriber base. Intangible value of subscriber loyalty was key multiplier.
Priced against revenue rather than profit, Tech Pod sold at 1.0× annual revenue, below the 2.3× median across the 249 deals with a disclosed revenue multiple. Revenue multiples run higher than profit multiples because they ignore the cost of running the business, so they are only comparable between businesses with similar margins.
This database tracks 68 Newsletter exits, and the ones that disclosed a price sold at a median of $5,500. Category matters more than founders expect: buyers apply different discount rates to a content business, a mobile app and a B2B tool even at identical revenue.
See how this compares across the market on our market stats page, or browse more Newsletter exits.
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A digital nomad newsletter that grew from 5,000 to 250,000 subscribers under Gabby Rosen, who then flipped it on Acquire.com for 18x her initial investment via a bidding war.
Daily finance and markets newsletter delivered in a humorous, irreverent voice.
Newsletter referral and cross-promotion platform that helped operators grow their subscriber base through paid referrals, acquired by ConvertKit.