Job Board Portfolio Strategy
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Shaan and Sam discuss how Andrew Wilkinson's Tiny Capital built a portfolio of job boards, with WeWorkRemotely.com as a notable example. The business model involves acquiring and operating multiple specialized job boards under a single platform.
Key Points:
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WeWorkRemotely.com Performance:
- Revenue fluctuated between $3-6M annually
- Grew from $3M to $6M during 2020-2021
- Later settled back to $3-4M
- Operates with minimal staff (approximately 3 people on LinkedIn)
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Portfolio Approach:
- Acquire multiple specialized job boards
- Group them under a "platform" strategy
- Focus on efficient operations with minimal overhead
- Generate steady revenue streams from established properties
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Business Model Benefits:
- Low operational complexity
- High margins due to minimal staff
- Established revenue streams
- Part of larger portfolio strategy for diversification
This represents one segment of Tiny's larger portfolio approach to digital asset acquisition and management.
24:51 - 25:16
Full video: 57:05SP
Shaan Puri
Host of MFM
Shaan Puri is the Chairman and Co-Founder of The Milk Road. He previously worked at Twitch as a Senior Director of Product, Mobile Gaming, and Emerging Markets. He also attended Duke University.