The +50M annual revenue startup that nobody talks about
The +50M annual revenue startup that nobody talks about
This story starts 13 years ago, or it doesn’t, but I should start it 13 years ago.
13 years ago I was 10 years old, I was an obsessed little guy, an obsessed little guy that used almost all the hours after school to trade virtual goods in Habbo Hotel.
I basically spent my time going into rooms and clicking F1, F2, F3 on my Windows XP desktop PC, a program to “flood”, those keys and some virtual goods was everything I needed.
Sometimes that I had luck, I wouldn’t go to rooms but bring a lot of people to mine and start a virtuous circle of profit. Social proof = profit.
Why am I telling all this? Because that market, as almost every virtual market in the last 10 years, grew. A lot.
When we talk about gaming virtual goods today we talk about this:
Valve, helped by many people, included Yanis Varoufakis, a greek economist who served as the Greek Minister of Finance for some months, created a really big, centralized, 100% game based virtual economy. Currently the biggest, I think.
That economy allowed me to not only make a revival of my childhood passion but to get a lot of profit from it and consider it a job. It was living a dream.
It started 3 years ago, I leaved a full time job towards starting something by myself and in a really funny way (which is topic of another story) all this world appeared.
I traded, always remembering what I did when I was a child, for many hours a day making a lot of real, not anymore just virtual, profit.
A few months after starting, I knew the market much better than the first day and I realized that automated trading was possible, as a rule of thumb, everything that can be automated will end up being 100% automated, so I started to think about my tradebot and I made it.
My tradebot was called Traderinos, I fantasied it as the Victorinox for traders, a website that provided them all that they need and also a tradebot that allowed me to make profit.
I knew the market, I had a vision but I didn’t know anything about digital startups. So after doing things not really well, I failed.
This story had a lot of ups and downs that I didn’t mention, in the process I become obsessed with programming and I became a (here I turn off my humility) very proficient Full Stack developer, I’m currently doing that and very happy, but of course I sometimes fantasy how would have it been if Traderinos was like cs.money is today.
Cs.money is the website that turned my vision in a reality, and I have to applaud them because at the end they did it really well.
The website has all the features it needs to have and they got the big prize:
Making a very humble calcule of $3 average profit from each trade, they made $150.000.000, let’s say that $50.000.000 went in expenses, they made $100.000.000. But, knowing the market, I can guarantee that the average transaction profit is much higher than $3.
Anyway, I think that’s an interesting history to share so I did it. Eventually I’ll share more about my story as a trader.