Summary
Workspaces, started by Ryan Gilbert, is a newsletter that showcases the remote workspaces of various entrepreneurs, designers, and developers. The project, which began as a side hustle during the pandemic, grew into a profitable venture with a monthly revenue of $2,000 through sponsorships. The newsletter was later acquired by YC startup Loops, with Ryan joining as Head of Content. The consistency in publishing and leveraging guests' social followings were key growth drivers.

Unique Aspect
Workspaces provides unique behind-the-scenes glimpses into the personal work environments of various professionals, offering inspiration and ideas for remote workspace setups.

Approach to kick off
The project started with a simple Substack page and leveraged Twitter DMs for outreach. The focus was on minimalistic setup requirements and consistency in publication, contributing to its steady growth.

Scoop

Business Model Viability
The newsletter's business model, driven by sponsorships and high-quality, consistent content, has proven successful and can be replicated in other niche content areas.

Future Projections
Under the acquisition by Loops, the focus will be on expanding content offerings, enhancing reader engagement, and exploring new content and marketing initiatives.

Startup Stats

📊 ARR: $24,000

📈 MRR: $2,000

🚀 Startup Costs: $500

👥 Team Size: 1

🌍 Market: Targeting remote workers, entrepreneurs, designers, and developers interested in workspace setups

👨‍💻 Users: Remote workers, entrepreneurs, tech enthusiasts

💰 Funding: Self-funded, with startup costs of $500

👨‍💼 Founders: Ryan Gilbert