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- Startup Sphere Weekly #9
Startup Sphere Weekly #9
A Lensa competitor selling for $690,000 plus $11,000 per month writing essays for busy students.
Hey all, it’s Vlad and welcome back to another edition of Startup Sphere 👋
Here are the poll results from the last edition:
🥇 1st Place: AI-powered language learning platform with 66%
🥈 2nd Place (tie): iOS app for baby photos with 16%
🥈 2nd Place (tie): Webflow design agency with 16%
Don’t forget to vote in this week’s poll at the bottom of the newsletter!
Thanks again for being a subscriber! Let’s get into this week’s weekly roundup of businesses on sale for life-changing amounts of money.
Avatar creation app with an AI-powered dance feature
Asking Price: $690,000
Monthly Revenue: $12,000
Monthly Profit: $9,000
The business for sale is an AI portrait generator. Users can upload a set of pictures of themselves and get back AI generator portraits/avatars in different settings. The feature that sets this business apart from its competitors is that it can make AI-generated dance videos of the avatars you create.
What interests me most about this listing is that 80% of the total user base is from Japan. This means you have an opportunity to grow in the Japanese/Asian market without having to compete directly with giants like Lensa.
The business has 2 pricing plans. Users can pay 5$ per week, or 32$ for a year of access.
The biggest competitor in this space is Lensa, which absolutely blew up about a year ago. Everyone from Megan Fox to Lebron James was generating AI portraits of themselves. So there does seem to be an interest in AI-based avatars and portraits. However, it does make me wonder if the novelty has worn off.
MacOS screenshot app
Asking Price: $169,000
Monthly Revenue: $4,000
Monthly Profit: $3,000
The premise of the business is very simple: a macOS app that helps you take beautiful screenshots. I believe the business for sale in this listing is called Xnapper and was founded by Tony Dinh. Tony even posted a fact sheet for the business if you’re interested.
Overall, I think it’s a great product. It generates beautiful screenshots and has received a lot of positive praise on Twitter.
My concern with taking over a business like this is that the new owner likely won’t have a large Twitter following like Tony. From my understanding, this is what drove a majority of sales.
The largest competitor in the space is CleanShot, which is doing ~$80,000 per month.
Essay writing agency for students
Asking Price: $373,000
Monthly Revenue: $11,000
Monthly Profit: $4,000
This is a great example of how you can start a business with almost any skill that you have. The company for sale is an agency that writes essays, and research reports for busy students.
Students are always busy, so a service that gives them back some valuable hours to study for a big exam or get some sleep is often a no-brainer.
I can imagine running a business like this is expensive, mainly paying writers. And it’s not like you could outsource essay-writing work to the Philippines or Ukraine since the quality of work would suffer.
The big advantage for students using a service like this instead of an AI like ChatGPT to help them write their essays is that they won’t be flagged for AI-written content or plagiarism.
An example of a competitor is EduBirdie.
Weekly Poll
Given the funds, which business in today's edition would you buy? |
That’s all for this week! Don’t forget to vote in the poll above for the best business idea in this edition. Till next week 👋
— Vlad Verba