Bare Naked App

Here’s the latest on what’s going on with the sale. I have to admit, things are moving faster than I thought they would. It’s getting kind of crazy (in a good way).

Here are the type of companies that have expressed interest:

1. Hosting companies
2. Software companies
3. Browsers
4. Small, medium and large web app shops
5. Web design companies
6. Email hosting companies
7. CRM companies
8. Various entrepreneurs

I think I made a mistake by disclosing that I was IM’ing Geoff Arrone from Flock and I’ve sent him an apology over email. We won’t be disclosing the companies or names of those who get in touch from now on.

The goal of blogging about the sale of DropSend is to de-mystify the process for everyone. We are totally inexperienced at this and we thought it would be useful for everyone to learn from our experience.

Let the adventure continue!

Mike Arrington picked up the sale of DropSend and posted about it on TechCrunch.

Wow, as soon as we announced the sale of DropSend the emails started coming in.

So far we’ve received five six emails expressing interest. I also had an IM conversation with Geoffrey Arrone (from Flock).

We had several comments asking why would sell, if DropSend is profitable and requires very little maintenance. Here’s why:

DropSend could be even more successful if someone focused 100% of their attention on it.

As I said, we do zero marketing or advertising for it. This is because we don’t have enough time to focus on it (because we’re a small company). If someone devoted solid time to it, it would grow at an even faster rate. I believe it could double or triple it’s current revenue.

It’s like having a racing horse that has the potential to win the Grand National, and never taking it out to run.

So, the next step will be to publish our user stats and financial figures. Stay tuned …

We’ve made a big decision, over here at Carson Systems Headquarters. We’re selling DropSend, our web app that allows you to send large files that you can’t email.

DropSend is a great web app and here’s why:

1. It’s profitable
2. It’s well known
3. It requires little or no maintenance. I spend about 10 minutes a day answering support emails and we have a freelance developer that spends about one day a month on updates and bug fixes.
4. It markets itself - We spend zero money on advertising and DropSend revenue steadily climbs every month.

So why sell?

Here’s why: We’re a small company and we can only focus our full attention on one web app at a time. We’ve just launched Amigo and we’d really like to spend a large chunk of time on marketing and growing it.

So what’s next?

We’re going to be revealing:

1. How much revenue DropSend brings in each month
2. What the rate of revenue growth is each month
3. How many active users we have
4. How many users are on each plan (Free, Basic $5, Standard $9, Pro $19 and Business $99)
5. How many users access DropSend through the desktop tool versus the web interface
6. And more …

Anyone interested in presenting an offer will be invited to get in touch with me directly at ryan-at-dropsend.com.

It should be an interesting ride - stay tuned!