Matt Raad
speaker
358 appearances
2 recordings
1 series
first heard Nov 2024
last heard Nov 2024
Matt Raad’s voice in public audio — every appearance, attributed to the second.
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Appearances
It's such a bland, simple looking site.
It was started by a guy that was passionate passionate about pets.
They paid a million dollars for it.
It was netting 300.
A year.
And within six months, they'd got that revenue up to six hundred, sorry, the profit up to six hundred thousand.
And the main thing they did was change the ad network.
So that's an awesome renovation.
That was pretty straightforward.
They went to a managed ad service, it was MediaVine, and that went from $300,000 to $600,000.
And that then valued that asset at over rent.
Around 2.4 million.
So that's in under a year.
Now that that's not a typical result.
And they worked on the SEO as well a lot.
But to me, that was a commercial, the equivalent of a commercial property deal.
Like and and Dave said to me, he goes, Matt, this was mind blowing.
He's used to eight percent returns, but that thing, you know, they doubled their money straight away.
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