DEV Community

Jason
Jason

Posted on

I Built a Side Project With 2K Users and No Revenue — Here Is What It Is Actually Worth

Everyone says side projects with no revenue are worthless. That is wrong.

I recently tried to figure out what my side project was worth. It had 2,000 active users, clean React/Node codebase, growing 15% monthly — but zero revenue. Every traditional valuation method said $0.

Then I found a pre-revenue valuation calculator that actually accounts for user traction, code quality, and growth.

The result: $10,000 — $25,000.

Here is how pre-revenue projects are valued in 2026:

The Framework

1. Code Value

Code State Base Value
Production-ready (tested, documented) $5,000-$9,000
Solid (works well, some docs) $3,000-$5,000
Basic (functional) $1,500-$3,000
Prototype $500-$1,500

2. User Value

  • AI Tools: $2-$3 per active user
  • SaaS: $2-$2.50 per user
  • Chrome Extensions: $1.50-$2 per WAU
  • Telegram Bots: $1-$1.50 per subscriber

3. Growth Premium

  • 30%+ monthly growth: +60%
  • 15-30%: +30%
  • 5-15%: +10%

4. Type Multiplier

AI tools get 1.8x, SaaS 1.5x, Apps 1.3x.

My Calculation

  • Code: Solid React/Node = $4,500 base × 1.5 (SaaS) = $6,750
  • Users: 2,000 × $2.50 = $5,000
  • Growth: 15% monthly = 1.3x multiplier on users = $6,500
  • Total base: ~$13,250
  • Range: $8,000 — $18,500

The calculator gave me $10K-$25K which accounts for additional factors.

Where To Sell Pre-Revenue

The market for pre-revenue acquisitions is real:

  • ExitBid — auction format, pre-revenue projects accepted
  • SideProjectors — free bulletin board
  • IndieHackers — community marketplace

Full guide: How to Value a Pre-Revenue Project

Try The Calculator

exitbid.io/tools/calculator — select your business type, enter your metrics, get an instant estimate. Works for both revenue-generating and pre-revenue projects.

Stop undervaluing what you built.

Top comments (0)