Net Net Hunter
👤 Evan Bleker (Canadian value investor, 20 yrs in; wrote Harriman House's net-net book and ranks #1 on Google for it. Runs it solo from Seoul.)🌐 site𝕏LinkedIn
He couldn't find enough cheap stocks for himself, so he bought the data and sold the shortlist to fellow hunters.
Will it work? · our read
Niche cash cow. A one-man club selling curated deep-value picks at 90% margin — the moat is his authority and screening rivals skip. Capped: one SEO funnel, churn when deep value lags.
01How the money moves
Buys pricey global stock datasets
→
Hand-screens to a top 40-50 shortlist
→
Sells it as a yearly members' club
02The numbers
$144K/yr
revenue
founder
90%
gross margin
founder
about 1k
net-nets tracked
founder
Founder-stated in a Starter Story interview; self-reported, not audited. Starter Story
founder-stated · $12K/mo · 90% margin · 1 founder + about 5 help
03Weight class — CENTStap an axis
Control Mid
Sets prices, owns brand and community. But most members arrive via Google SEO — one algo change can throttle it.
04The key move
Sell your homework
He needed net-nets for his own portfolio, but the data cost a fortune. So he bought it, did the screening anyway, and sold the shortlist to fellow hunters — turning his cost into a 90%-margin product.
fact
The counter-intuitive move
Counterintuitively, he teaches the whole method free — a book, plus articles on Google. Giving away the 'how' builds the authority that sells the 'what': the updated list.
our read
05Where the moat is
Not the data — the trust and grind around it.
Wrote the niche's definitive book (Harriman House)Ranks #1 on Google for net-net searchesHand-screens global microcaps rivals skipA members' community you can't clone
06How it diesmedium confidence
It dies if deep value stays out of favor: in long bull runs net-nets nearly vanish, the list thins, members churn. And it leans on one SEO funnel — 2018-19 Google updates already cut traffic hard. our read
Show evidence · counter
Evidence: Founder said 2018-19 Google updates hit traffic hard, and retention suffers when the strategy underperforms in bull markets.
Counter: It has run 12+ years as a stable cash cow; the niche is too small and tedious for big screeners to bother cloning.
07Against rivals
Bars = fit for a hunter who wants a done-for-you global net-net shortlist, not just DIY filters. our read
08Who uses it
Deep-value retail investorsGraham-style value huntersCigar-butt stock pickersSelf-directed microcap fans
★Would it work for you?
Do you already research a niche obsessively — a corner where you could sell the homework you do anyway?
Bleker's edge was authority plus a boring, un-automatable grind. Where is your unfair grind? We don't score you — you answer.
🚀Use it as a launchpada prompt for your own AI
Copy → paste into your AI → then develop it freely in the conversation.
You are a sharp, honest startup strategist. Use the proven case below as a launchpad for MY idea — help me find my own angle, not copy it.
<my_profile>
Domain I know: [your domain]
My unfair advantage (access/audience): [your edge]
Interests: [your interests]
Resources & goal: [your resources] · [your goal]
</my_profile>
<case name="Net Net Hunter" model="data">
What it does: A yearly membership selling hand-curated lists of the world's cheapest ('net-net') stocks plus a private investor community.
Why it won (moat): Founder authority (the niche's definitive book, #1 on Google) plus tedious global hand-screening rivals won't do.
Weakest axis (CENTS): Capped niche, one-founder brand, and a single Google-SEO funnel a 2018-19 algo update already dented.
How it could die: Deep value falls out of favor for years, net-nets vanish, members churn, and the SEO funnel dries up.
</case>
<task>
Be a skeptical operator, not a cheerleader. No generic startup platitudes. If my angle is weak, say so plainly.
First, a reality check: markets like this mostly fail. State the honest base rate (how crowded/hard is this?) and the ONE specific thing that would have to be true for ME to be the exception — grounded in my profile above.
Then a compact table:
- Fit — does this pattern suit my edge, or fight my gap?
- Angle — my sharpest differentiation vs Net Net Hunter (concrete, not "better UX")
- Distribution — exactly where my first 100 users come from (this is the hardest part — be specific, not "content marketing")
- Risk — its "how it dies" (above) in MY situation
Finish with one line: "The single thing to do next."
Use only the facts above; if data is thin, say so — never invent numbers.
Then stay with me and go deeper on whatever I ask — tech stack, rough cost & time, the smallest MVP to test, pricing, or timing.
</task>
✓ Copied — paste into your AI
👤Placeholders like [your domain] auto-fill from your profile — example values for now.Set up profile →
Sourcesupdated · daily
Starter Story: $12K/mo membership interview (founder-stated revenue)Dr Wealth: interview with Evan BlekerHarriman House: his net-net book author profileBio: Canadian, Seoul-based, Wyoming LLCnetnethunter.com (the product)
Revenue ($12K/mo, about $144K/yr) and 90% margin are founder-stated in a Starter Story interview — self-reported, not audited. Member count and exact pricing tiers are unverified (the site blocks scraping, HTTP 403), so omitted. Rival prices are described by model, not exact figures. Founder is Canadian, lives in Seoul, and runs it under a US (Wyoming) LLC; region tag reflects nationality. We never score you.