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With its entire team of 60 based in the Philippines, this company sold for “close to seven figures.”
This is a great example of how a bootstrapped, one-person business can sell for six figures, resulting in a solid payday for an independent maker.
Founded by media entrepreneur Michael Gardon in 2017, Testing.org was an appealing addition to buyer Crush Empire’s portfolio of education websites.
This review and directory platform posted relatively low traffic numbers but regularly reached the right people, making the company more attractive to buyers.
TheTool was created within a larger marketing firm and sold in an assets-only deal in February 2021.
This founder tried several avenues for selling his business, and ultimately found a buyer close to home: his friend.