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Fomo

SaaS subscription · social-proof widget · bought and sold
👤 Ryan Kulp (Self-taught coder-marketer; teamed with Justin Mares (Traction author, Kettle & Fire) for a live test store and distribution.)🌐 siteryanckulp.com𝕏

A solo founder barely touched a $15K/mo app. Two marketers bought it with its own cash flow and grew it past $1M ARR.

Will it work? · our read
It bought itself. A neglected $15K/mo app bought with almost no cash, because its own MRR paid the seller. Rebuilt, grown past $1M ARR, sold to a rollup. Recurring revenue is why it worked.
01How the money moves
Store installs the Fomo popup widget
Live purchase popups lift checkout conversions
Merchant pays $25-149/mo, recurring
02The numbers
$1M+ ARRStatedpeaked $1.3M, sold 2022
2022
$1M+
ARR at 2022 exit
$15K/mo
MRR when bought, 2016
5,000+
paying subscribers
Bought near-zero-down in 2016; grown roughly 6x; sold seven figures in 2022. TheyGotAcquired
$1M+ ARR at exit; acquired at $15K/mo MRR in 2016.
🔒
You have the verdict. Members get the work behind it.
  • The CENTS scorecard — where it's strong, where it's soft
  • The founder's key move, and the counter-move
  • How it could die — the evidence, and how sure we are
  • The case against our own call
  • A 🚀 launchpad prompt — the case, as a plan for your business
We rate our own confidence — and argue against ourselves. Nobody else in this category does.
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SourcesSources last checked 25 August 2026
Revenue is first-party: Kulp stated $88K/mo (Indie Hackers, 2018) and a $1.1-1.3M ARR peak (2020); TheyGotAcquired reported over $1M ARR at the 2022 Relay Commerce sale. The 2016 buy price and 2022 sale price are both undisclosed under NDA; Latka's "$3K" is out-of-pocket cash, not the total. Seller-financing terms are Kulp's own account. Rival prices are approximate published list rates. Moat and dies scenarios are marked [our read]. We never score you.