I make $32K/month from 3 simple, boring websites

Starter Story 14min 3 min #179
I make $32K/month from 3 simple, boring websites
Watch on YouTube

Summary

  • Rashid built a portfolio of three bootstrapped database SaaS products — AngelMatch, InvestorHunt, and JournalistHunt — that collectively generate roughly $32,000 in monthly recurring revenue by helping founders and businesses find investors and journalists through curated, searchable directories.

Business overview and revenue

  • AngelMatch is an all-in-one platform with a database of ~125,000 angels and VCs that helps early-stage startups raise capital; it generates ~$29,000 MRR from ~360 active subscribers, with a 33% trial-to-paid conversion rate and 800–1,000 daily clicks across organic, referral, direct, and paid Facebook traffic; pricing starts at $59/month and scales up to a few thousand dollars depending on outreach volume.
  • InvestorHunt is a simpler investor database product making ~$2,800 MRR with no active marketing — purely SEO-driven — and tiered pricing at $57, $97, and $297.
  • JournalistHunt is a database of ~200,000 journalists for press outreach, currently at ~$260 MRR; users tend to buy the $49–$99/month tiers.
  • At its peak, the portfolio reached $43,000 MRR.

Founder background and problem discovery

  • Rashid is a non-technical founder who studied finance; in his final year of college he and a friend raised $100,000 from family and friends to build a fintech investment app, then maxed out credit cards and took personal loans to keep going.
  • To raise professional capital, they manually compiled a list of angels and VCs, which got them meetings with notable investors — revealing that cold emailing works but finding investors is tedious and time-consuming.
  • Realizing other founders faced the same pain, they tested the idea by building a 40,000-investor database and launching on Product Hunt, earning $4,000 in the first month and confirming demand.

Growth and marketing strategy

  • After seeing only ~60 daily clicks in Google Analytics, Rashid hypothesized that 10x traffic could 10x MRR and pivoted to SEO.
  • Hired six content writers to publish blogs consistently while the tech team built free tools and valuable resources for users.
  • Over 6–8 months, traffic grew and MRR scaled from ~$3,000 to ~$20,000 through SEO supplemented by Meta ads.
  • Programmatic SEO now drives roughly half of revenue; Rashid emphasizes doing it consistently.

Secret to successful database products

  • They work because they solve a painful, specific problem for a well-defined audience — in this case, early-stage founders raising capital, a problem Rashid lived himself.
  • Positioning as a founder-built tool for founders created trust and relevance.
  • Niche focus matters: a real estate investor database or stock trader database could work similarly, but the problem must be acute and the audience willing to pay.

Ideas for 2026

  • Influencer database categorized by location, audience size, and content niche, with a paywall — businesses actively book influencers and struggle to find/reach them.
  • Newsletter database for sponsored placements — curating newsletters that accept sponsorships saves brands the manual effort of discovery and outreach.

Database product playbook (starting over in 2026)

  • Step 1: Pick a database/directory idea that solves a concrete, painful problem — not just any directory.
  • Step 2: Collect the data — manually at first (as Rashid did), or via automated scraping if technically able.
  • Step 3: Launch, get eyeballs, and look for payment signals — signups and willingness to pay validate the idea.
  • Step 4: Double down on programmatic SEO for sustainable, compounding traffic; it brings ~50% of revenue for Rashid’s portfolio.

Tech stack and tools

  • Front end: Next.js
  • Back end: Nest.js
  • Database: PostgreSQL
  • SEO: Ahrefs
  • Hosting: DigitalOcean
  • Email outreach infrastructure: Nylas (powers in-app outreach in AngelMatch)
  • Security/bot prevention: Cloudflare
  • Email marketing/flows: Klaviyo
  • Workspace email: Google Workspace
  • Total tooling cost: ~$62/month across all apps.

Final advice

  • Be patient, put in the work, and never give up — many founders who started alongside Rashid earned more early on but quit and disappeared; persistence is the differentiator.
  • The business model is durable: it’s not an AI trend but a B2B directory solving a high-stakes problem (startups need investors or they shut down), which compounds over time rather than spiking and crashing.

Reflections on why this works

  • The core insight: these products succeed because they solve a painful B2B problem — founders must raise capital or the company dies, so they pay readily.
  • B2B is critical; B2C directories (e.g., dog trainers) struggle to command $97/month because consumers lack the same urgency and budget.
  • Influencer databases are a strong parallel: businesses book influencers, discovery is hard, and the pain justifies payment — unlike many B2C directories that fade.
Back to Starter Story