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flomo
China · founded 2020 · $0 VC · 2 full-time · card-note SaaS
👤 Shaonan & light (Shaonan ran the paid newsletter Product Thinking for years; light builds newsletter tools. Two people, no VC, calm by design.)🌐 siteshaonan.blog𝕏

Two people, one server, zero funding — and they bought a note app back from ByteDance with subscription money.

Will it work? · our read
Calm on purpose. No fancy moat — note apps are a graveyard. It lives on the founder's audience, extreme frugality (2 people), and subscribers loyal enough to buy Mubu back from ByteDance.
01How the money moves
Free, frictionless thought capture
Hit limits → PRO ¥99/yr (about $14)
Subscriptions fund 2 people, 0 ads, 0 VC
02The numbers
1M+
lifetime users
flomo
¥99/yr
PRO price (about $14)
flomo
2
full-time team
flomo
Revenue never disclosed. Tiles are first-party from flomo's own pages. flomo business philosophy
Revenue undisclosed — funded only by ¥99/yr PRO subscriptions; profitable enough to buy Mubu from ByteDance.
🔒
The facts are free. The judgment is for members.
You've seen how the money moves, the numbers, and every source — free, on all 365 cases, always. Members get the part you can't look up: why it won · where the moat really is · how it dies · how it beats its rivals — plus the 🚀 launchpad prompt that turns any case into a plan for your business.
Sources stay public, always · cancel anytime · 14-day refund
(demo: preview the full teardown)
Sourcesupdated · daily
Revenue is not public — flomo never discloses numbers, so I mark it EST/undisclosed (not independently confirmed). First-party verified: $0 VC, 2-person team, ¥99/yr pricing, 1M+ users (flomo help center) and the 2023 Mubu acquisition (36Kr, founder-confirmed, amount undisclosed). "Audience-first distribution" is my read, inferred from Shaonan running Product Thinking for years before flomo; exact paid-user count is unknown. We never score you.