Something tells me that Flippa might currently be working on acquiring Trustiu. Nelson Matos Ferreira stepped down as CEO in July 2024 and became the Category Manager for YouTube Channels at Flippa. It's not easy to find out online who is behind Trustiu. Is Nelson also the founder @Richard Patey ? 🧐
I get so much value and inspiration from @Ewen Finser's https://newsletter.nichemediapublishing.com/ and @Shawna Newman's https://skipblast.beehiiv.com/ - do yourself a favour and subscribe like right now
Hi @Ewen Finser, I think you could create a pretty valuable digital asset if you managed to acquire Niche Pursuit along with their FB group. From what I've briefly looked through, I haven't noticed, for example, that they have a VIP paid community. For now, they probably only make money through affiliate marketing and blog ads. The group itself currently holds value mainly due to its database, which I estimate to be worth around €17K. The potential for scaling and ROI (especially through your newsletter), creating a paid VIP group on Skool, and the fact that you could immediately secure solid benefits for an annual sponsor who might pay €5,000 a year, is quite promising. If you have €20,000 available, try reaching out to the leader and see if they'd be willing to sell it to you for €10K-€15K. If you manage to acquire it, it will likely take about a month to merge everything, and then you can list it on Flippa for double or triple the price. Not necessarily to sell it, but to use Flippa as a way to start marketing it to your target audience. Here is my non-public calculation summary. PS: I don't receive any commission or have any hidden interest in this. I put this together to support the growth of members in this community because I believe in karma. For me, it's more important right now that we improve the estimates for acquiring communities for our community marketplace.
Hi @Ewen Finser. I don't think it's for sale right now. Community M&A trading is still a relatively fresh thing. So I'm investing both money and time in creating the demand. This merger could make sense, and if you know what you're doing, how much it will cost you at the start, and the expected ROI, then why not approach the current owner. I've already bought a Facebook group with over 100K members twice, even though the current leader didn't want to hear about selling at first. If you'd like, I can approach Spencer for you (so he won't know you're interested) and ask him how much and if he would be willing to sell. Just like in the big world of M&As, where sometimes you don't even know who is buying whom.