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Traffic Think Tank
Community · SEO membership · 2017 · exited 2023
👤 Nick Eubanks, Matt Barby & Ian Howells (Nick and Matt spent a decade becoming SEO names with a 40k email list. The community sold access to them — the list was the moat.)🌐 sitemhb.xyz𝕏

A $119/mo Slack where 750 SEOs paid to sit in the same room as three well-known experts. Sold to Semrush at 1.8x.

Will it work? · our read
Audience = moat. The format is a commodity Slack anyone can spin up. What wasn't: a warm 40k list and 2017 timing. Strip the founders and it stalls at cold-start — the 1.8x exit priced that in.
01How the money moves
Spend a decade building a 40k SEO email list
Open 100 gated Slack seats + course library
750 members x $99-119/mo = about $1M ARR
02The numbers
40k
combined email list
mhb.xyz
$1M
ARR at 2023 exit
TheyGotAcqrd
1.8x
revenue, at sale
TheyGotAcqrd
Sold to Semrush for $1.8M cash. About 750 members at $99-119/mo. They Got Acquired
🔒
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Sourcesupdated · daily
Matthew Barby: Growing a $1mm+ ARR community — co-founder, first-party revenue + launch storyThey Got Acquired: TTT sold to Semrush — $1.8M / 1.8x, 750 members, founder quotesSearch Engine Journal: Semrush acquires TTT — deal coverage, founder interviewtrafficthinktank.com — the community, now a Search Engine Land property
Revenue is first-party: co-founder Matthew Barby's own "$1mm+ ARR" write-up, plus the $1.8M / 1.8x Semrush deal reported with founder quotes (They Got Acquired, Search Engine Journal). The 40k combined list and 72-hour sellout are from Barby's story [fact]. The "dies" counterfactual and the founder-dependence read are our inference [our read], but strongly backed by the low 1.8x multiple and the founders' own "we didn't have the time" quote. No drama invented — they won on a pre-built audience and 2017 timing, then exited at a modest multiple. Price ($99 rising to $119/mo) and member count (about 750) cross-checked across two sources. We never score you.