a 50-person company’s slack and email data is selling for $300-400K right now, and the labs are calling brokers on fridays saying they don’t care what it costs.
here’s everything from our conversation with data broker ryan lock (sponsored by Ahrefs):
ryan sold his solar company ($35M revenue, 1,000 reps) last year and stumbled into data brokering when someone told his co-founder he could license his company data. the first offer gave him two days to accept or it exploded. his co-founder negotiated it up 4x. that gap is the whole business: the labs are desperate, business owners have no idea what they’re holding, and nobody’s advising the sell side. he launched in july, went viral once, and was doing 15 meetings a day with business owners. team of 13 now. every single lab reached out to him inbound through X.
the model is simple: buy data assets from companies, package them into training sets for frontier and mid-tier labs. what they want is operational data: email, slack, drive, accounting, shopify, klaviyo. raw text, not photos or video. the part nobody understands: it’s not volume, it’s context. a customer email that gets pinged into slack that gets resolved in a ticket is a complete story a model can learn from. switch from slack to discord two years ago and lose the chain? the data’s worth a fraction. ryan’s own solar data was nearly worthless because everyone just picked up the phone. his co-founder’s remote slack-native team got the full ask.
the numbers: average deal is $300-400K for a 50-100 person company, deals go up to $2-4M for the big ones. quick valuation proxies are number of software tools, years of full-context data, and headcount, because a hundred people generate idea-discussion-approval-feedback loops that five people in one office never write down. the de-identification alone costs $10-50K per terabyte, done by a third party who never lets ryan touch the raw files. and don’t try to scrub it yourself: tony becomes “employee six” everywhere consistently, or the whole set is destroyed.
ryan’s analogy for margins: raw data is oil at $100 a barrel, the labs turn it into jet fuel at $2,000, and the broker takes the risk that the barrel has no engine inside. the spirit airlines bankruptcy sold its data to google for $10M, which he thinks is low for the largest public deal. the data companies are all talked about as very profitable, but the real edge is procurement on demand: he forecasts what the labs will want next and ranks his pipeline by acquisition priority. current requests: circuit board CAD files, architecture firms, heavy construction, and video game 3D development.
the gotchas before you sell: never sign a perpetual exclusivity. perpetual use is standard (nobody can track files down the chain), but exclusivity should be termed, usually two years, or you’re locked out of a future revenue stream forever. and if you’re selling your business in the next year or two, a $500K data deal can become a due diligence landmine on a $20M exit. tom’s referrals keep saying exactly that. micro one pays $50-75K referral fees because they’re playing a different game. ryan pays 6% and tells brokers to charge the seller for running the process instead.
where it goes next: ryan thinks the buyer pool expands past the frontiers to enterprises training their own models. a 20-person HVAC company only knows what it knows, but add 150 years of industry data and you’ve got a vertical model, the harvey-for-law playbook in every trade. the video side is wilder: labs pay $10-20 an hour for people to wear headcams doing manual work, and there are state-sponsored warehouses in china and every low-cost country where workers rotate through sewing and dishwashing stations for robot training. jacky’s fraud prediction: 500 fake chinese companies with active linkedin pages.
ryan’s answer: if the simulation is that good, the data’s probably valuable anyway.
bonus: jacky’s own slack community, 500 people and 20K messages a month, has already gotten offers. “no amount of money, well, that’s a lie, I’d take my pants off for seven figures.” the over/under for ryan’s next 12 months was set at $300M gross, and micro one just passed a billion annualized. tom asked to become a master affiliate and jacky immediately called it master and slave. tony’s response: “the white guy’s still on top. we went back a hundred years.” the industry is a gold rush and the shovels are already being sold.
NGMI with @itstonyyu and @tomwang24, guest @RyanLockAI.
watch/listen ↓
Indiehackers will call me a black hat SEO, turn around and blast their site with 100k pages of ai slop
or watch on yt idk:
youtu.be/YSPpSsCMHvo
sell your data here:
polyshares.com/signup?ref=06…
i get clowned on for my terrible sub to video ratio
but at the end of the day, my take home revenue > theirs
so i guess it depends what you're optimizing for
📊 My net worth in October 2026: $8,286,373 USD ($11,767,574.58 CAD)
💵 Cash (Personal + Business) - $2,404,766
📈 Stonks (Personal + Business) - $2,677,667
🏢 Real Estate - $2,700,000
🪙 Crypto - $950,942
🌐 Websites (excl. F&A + Indexsy) - $700,000
⌚ Watches - $132,759
EXCLUDED:
🔗 Indexsy + Binance (24x monthly) - $2,400,000
Total Assets: $9,566,135
🏦 Debts
Lisbon Mortgage (2.4% 30y fixed) - $826,898
Vancouver (3.5% variable) - $325,578
Berlin (1.8% 10y fixed) - $127,285
Total Debts: $1,279,761
Net worth was down 0.38% (-$31.5k) from September.
I moved a chunk of personal stonks into cash, so I'm sitting at 29% cash now, up from 22.7%. Dry powder.
I have been tracking my net worth since January 2021.
I usually share my net worth update in my newsletter.
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I'm very open with my numbers.
The stuff that actually moves them, the plays, the failures, what I'd never put on this timeline, goes in Advise.
650+ operators inside (350+ messages per day):
advise.so/
I'm very open with my numbers.
The stuff that actually moves them, the plays, the failures, what I'd never put on this timeline, goes in Advise.
650+ operators inside (350+ messages per day):
advise.so/
my revenue really took off when I ignored the haters
i can stay liquid longer than jimmies can stay mad
I'm very open with my numbers.
The stuff that actually moves them, the plays, the failures, what I'd never put on this timeline, goes in Advise.
650+ operators inside (350+ messages per day):
advise.so/
Turnithuman.com removes watermarks from ChatGPT and Claude
🚨JUST IN: OpenAI models will now have invisible watermarks hidden in ChatGPT and Codex outputs
>"We are not making text watermarking a global default AT LAUNCH"
>"phased approach starting with the EU"
>"this regional approach gives us room to learn"
>"starting today, API customers around the world WILL be able to opt in…"
"We expect to revisit each part of this approach as the technology, standards, and evidence evolve"
give me a follow @indexsy if you want to see a canadian who builds his wealth completely in public
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Signup to see all my monthly revenue since 2022
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a founder ran up a company to $50m ARR in 3 months and the entire secret is closing the loop.
here's everything from this week (sponsored by ahrefs):
the closed loop is the whole game now. AI designs the ad, launches the ad, tests the ad, reads the performance, and feeds it straight back into the next ad. no human in the chain, fully self-optimizing. software has the tightest loop of any industry because the feedback is instant, so once you understand your CAC to LTV, it literally reduces to a math equation. jacky was at a party friday night, pulled a chair into the corner, and texted this guy for an hour with his mind blown. tom's immediate response: new project, starting today.
tom had the epiphany everyone made fun of him for being late to: agents are the new platform. he doesn't open gmail anymore, doesn't open uber, doesn't open instacart. "find me the 15 highest potassium foods and fill my instacart" and it just does it. the iphone was a platform with apps on top. now the agent is the platform and every app is plumbing underneath. second order effect nobody's pricing in: all those advertisers on uber and doordash lose the eyeballs when nobody opens the app. AEO is the new SEO, and it's going to be a massive business.
tony's identity layer thesis is why you buy meta stock. the agent is replaceable, the system of record isn't. meta owns instagram, whatsapp, threads, ads, and now your gmail, and your feed is your personality. apple has the data but is boxed in by privacy branding. jacky's counter: meta is terrible at actually indexing your data today, connect your gmail and it can't recall past emails without digging. whoever solves portable context, the thing that lets you move between claude and muse one-to-one, wins something enormous. tony built this in 2023. context windows were too small. he's never letting that go.
building in public is dead unless your moat is distribution. tom watched a sleep supplement brand build in public and ten chinese copies hit amazon before they even launched there, with every ad scraped the same day. his tool scrapes the big brands' ads daily for ideas, so he knows. jacky's exception: greg isenberg can launch a B2B SaaS in public because he sends one tweet. an indie hacker clones it in 30 minutes and still has to pay zuck for every customer. organic distribution is the moat. paid distribution is a rental.
the jev commerce router idea came out of nowhere and might be the best product idea on the pod this year. jev is a probabilistic decision model, not an LLM, so any yes/no or A/B/C/D question gets answered in a split second for pennies. jacky's already running it as a filter on a brand and saving $2K a month. tony's leap: put jev between the ad click and the landing page. it reads who clicked, which ad, and routes them to the composable lander most likely to convert, dynamic headline, dynamic image, golden doodle vs labradoodle. then put jev on top of the lander too. twelve months out, this is the shopping interface inside your text box.
tom's creator army playbook for new brands: platforms like tribe won't touch you with zero GMV, so go bottom up. gift product for a free post, evaluate the content, then offer 5-10% of ad revenue to run it as whitelisted ads. creators already made the post, they always say yes. then: "did you know if you post daily I'll run all of them?" he used to pay a VA $1,000 a month to manage this. now it's automated with muse through the browser, because the native instagram connector gets blocked after three messages.
bonus: tony's bell curve theory of AI users. super smart people ask thoughtful questions, really dumb people say "agent, build me a house" and it starts contracting optimus robots. the middle is cooked. jacky's version: short every developer over 40, they can't imagine past their own constraints. and the inverse indicator survived another week: SpaceX ripped 100% and tom asked "should I buy?" the group chat saved him at the top. again.
NGMI with @itstonyyu and @tomwang24, tony calling in from a hotel lobby in vietnam at 4am.
watch/listen ↓
or watch on yt idk:
youtu.be/FKSasG0WeE8
ai fingerprinting is the main cause of algo penalties in 2026
it doesn't matter if your content is 'good'
just make sure you humanize your content
if you want the sauce on how i humanize content, like this post + comment HUMAN and I'll dm it to you (must be following)
I'm very open with my numbers.
The stuff that actually moves them, the plays, the failures, what I'd never put on this timeline, goes in Advise.
650+ operators inside (350+ messages per day):
advise.so/












