This company makes $450,000 per month selling personal data
Welcome Back!
Here is what I have for you today:
1/ Safegraph- A company making millions re-selling personal data
2/ Jiggy Puzzles - Making $4M/year selling Puzzles
3/Fast-growing trees - Making $20M a year selling trees online
and more… 👇
Safegraph
The company generates $450,000 per month selling personal data acquired through data partnerships.
They are backed by angel investor Peter Thiel and reportedly raised $45 million off of one pitch deck in their series B funding round.
Their business model relies on buying and selling location-based data from mobile app developers to help retailers make better business decisions. Simple!
One other interesting thing is the way they serve the data to retailers. Their market research product is served up on a mapping application on a geographic information system, making it more accessible and valuable to retail companies.
Jiggypuzzles.com
The founder of this cool e-commerce company Kaylin Marcotte is famous to have gone on shark tank and got Marc Cuban and Barbara Corcoran to invest in Jiggy Puzzles. Watch it here
The company is making $4M a year with this simple concept. These kinds of puzzles existed but were badly designed. She made them sexy and appealing and grew from there.
They have an impressive following on social media, a subscription service, and partnerships with various retailers. The brand is super popular amongst parents who are searching for innovative and stimulating toys for their children.
Sometimes you don’t need to reinvent the wheel but just make it look better.
Fast-growingtrees.com
Who would have thought that one day we would be buying trees online? This company is banking with their online trees and plant shop.
You can order all kinds of trees from fruit trees to palm trees, they have it all. And they’ll ship it to you.
Their estimated annual revenue is currently $20M per year with about 70 - 100 employees.
They get a crazy amount of traffic on the site, estimated 5.9M monthly visits.
This is mind-blowing that we now buy and sell trees online.
Bonus: This company that is making a killing renting plants “800Plantit.com”
Their slogan is Live plants, anywhere and anytime. Love it
They rent live plants to events, parties, offices, weddings, etc…
The company makes around $5.4M a year renting these out.
Here is an opportunity for entrepreneurs
Create a long-term plant rental company and go both B2B and B2C
Charge a subscription fee for maintenance.
I went to a close friend’s house in Hawaii and he rented all his plants. The lady came every Thursday to water them and cut bad leaves. It’s a great business to offer to office spaces and even individual households because plants are hard to take care of.