Nico Ginan sold Make Logo AI for $65,000 as his first exit
“It was make logo AI for 65,000. So I think that was like a bit over a year ago. So it's like one year and a few months ago. It's like AI logo stuff. So yeah, that was my first exit.”
MakeLogo.ai's MVP had no backend and was fulfilled manually
“So I just made like a HTML landing page with a type form and that's it. No backend. Basically people were paying and I was manually using the AI model to generate the logo and sending it by email. So that was my MVP.”
Early MakeLogo.ai MVP made 10 to 12 sales on Twitter
“And yeah, I got like, I think I got 10 or 12 sales from it.”
Jeanne: MakeLogo.ai won Product of the Day on Product Hunt
“So I just launched on product and then it totally blew up. I ended up product of the day. I think.”
Jeanne: MakeLogo.ai made over 1,000 sales on Product Hunt launch day
“And I made like, I don't know, 1000 of sales, more than 1000 of sales directly from this day because of the, there is always the spike and”
Jeanne listed MakeLogo.ai on Acquire.com at a 2.5x revenue multiple
“And I decided to list it for 2.5 X revenue which isn't much, but I thought there's a lot of things to improve on the app. So I feel that's a fair price because it's not like a like a proven track record of like one year of stability is just three months of sta…”
Jeanne sold MakeLogo.ai for $65,000 after listing at $49,000
“So he made me the offer, the final offer. So it was 65,000. And yeah, I was like, damn, that seems unreal. Like, What happened in here? Because I listed it for at first 49 thousand. Then I increased to 50. And yeah, then he offered me like 65.”