The Ledger
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Puri: Three core companies drive nearly all value in Tiny's portfolio
“And in fact, it was kind of like a venture portfolio in a way where a couple of the companies were really the standout ones that were driving most of the value. And I think for them, it was actually three. There was the one they took, they originally took publ…”
Wilkinson: Tiny raised an $11M rolling fund in four hours via Twitter
“We literally were like, we tweeted it out as like an afterthought and we raised it in like four hours.”
Wilkinson: Tiny scaled We Work Remotely from $400K to $4M EBITDA
“We bought a business about almost 10 years ago called weworkremotely.com. And it's very simple. It's a job board... We buy the business. We pay three or four times earnings or something, which was, you know, a fair price given what it was doing. We immediately…”
Parr: Tiny Went Public Trading at 850 Million Canadian Dollars
“He recently took it public last week. It's now trading at eight hundred and fifty million Canadian dollars, which is only like six hundred million bucks in real money.”
Puri: MetaLab and Dribbble generate the bulk of Tiny's revenue and EBITDA
“Okay, so you, if you look at where the bulk of the revenue and EBITDA comes from, it's two companies. So yes, he's got a portfolio of 30 companies, but it's MetaLab and it's Dribbble that are carrying the thing on its back.”
Parr: MetaLab generated $62.8M with 40-45% margins in 2021
“In 2021, it did 62.8 million dollars. And that's interesting because it actually has been growing not crazy fast. So it's been growing something like 23% a year. Or for the last handful of years, we can only see a couple years here, but it does a 45% or 40% ma…”
Parr: Dribbble is worth $200M or more
“Turns this thing into a behemoth, making, now it's making many tens of millions of dollars. If I had to guess, it's worth Two hundred million dollars or higher. This is just pure guess. And that becomes a crown jewel of this company tiny.”
Parr: Tiny generates $150M revenue and $50M EBITDA
“So basically the company that is taking public at this point has, and this, now this stuff is actually public. It's doing about a hundred fifty million in revenue, fifty million in EBITDA.”
Parr: Tiny going public near $1B valuation, Wilkinson owns 71%
“His company, which is called Tiny, which buys businesses, it's going public. And Andrew owns roughly 71% of the shares, and it's going public at a nearly billion-dollar valuation”
Tiny Acquired a Yerba Mate Company to Partner With Andrew Huberman
“By the way, this is how Tiny's doing this Matina, which is the drink they're doing with Huberman. They bought a yerba mate company and then they, he's, he loves mate and he's been drinking it for a long time.”
Andrew Wilkinson's Tiny took 40% equity in James Clear's habit app.
“Andrew Wilkinson, he put out this tweet where he said, we partnered with James Clear. Tiny owns 40%. James owns 60%.”
Parr: Dribbble reached $62M revenue and $8M earnings in 2022
“So in. 22, it did. Sixty two million in revenue with eight million in earnings.”