Wacchen.com
A video bookmarking web app billed as "Instapaper for video", built in a couple of weeks as a side project by Alex Kessinger. He sold it for $7,000, as he confirmed in a 2011 Hacker News thread on profitable weekend projects.
Financial Data
Exit Analysis
The $7,000 sale price puts it in the lower half of the 623 deals with a disclosed price here, where the median is $21,000. Most indie acquisitions cluster well under the headline numbers founders read about, which is exactly why a real distribution is more useful than an average.
This database tracks 80 Other exits, and the ones that disclosed a price sold at a median of $1,900. 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.
From founding to sale took 1.0 years. Time to exit is a decent proxy for how built-to-sell a business was: shorter, cleaner processes usually mean documented operations and fewer surprises in due diligence.
See how this compares across the market on our market stats page, or browse more Other exits.
Exit Timeline
Founder
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