#166 - Why a Sudoku Company Sold for $640m, "Opendoor for X" & F…
About This Episode
Sam and Shaan analyze the profitability of simple gaming sites like Chess.com and Sudoku.com, highlighting the 'New Zealand' business model of niche dominance and high cash flow. They explore the 'Open Door for X' strategy of providing instant liquidity in markets like trading cards and secondary shares, while also brainstorming a performance-based agency model for international e-commerce expansion.
Episode Description
Key Takeaways
Identify 'New Zealand' businesses: simple, niche-dominant companies with cult followings that generate massive cash flow with minimal competition.
Leverage the 'Open Door' model by providing instant liquidity for illiquid assets, such as used electronics or private company stock, in exchange for a convenient spread.
Performance-based royalty partnerships are a low-risk way for entrepreneurs to scale existing US brands into international markets like Canada, Australia, and Japan.
Business Ideas Mentioned
The Shoebox Model for Trading Cards
E-commerce
International DTC Brand Growth Partner
Agency
Instant Liquidity for Private Secondary Shares
Marketplace