BlackBook Investments
About the Company
BlackBook Investments, based in Gurgaon, Haryana, India, specializes in buying, operating, and scaling profitable internet businesses. Founded in December 2012, the company has grown significantly, managing over $7.5 million in assets as of 2021. With a monthly revenue of $175,000, BlackBook offers tailored investment services, allowing clients to invest in a range of online business opportunities.
The company provides three main services: one-on-one investment management, group buys, and a deal-finding and vetting service. Each option allows varying levels of involvement and investment amounts, from $5,000 to $100,000. Most clients are high-earning professionals or entrepreneurs looking to diversify their investments through a passive income stream. The company’s impressive growth has been driven by a strong focus on profitability, reliable client relationships, and high returns on investment (ROI).
Idea Behind Company
Mohit Tater started BlackBook Investments after realizing the potential in buying established online businesses rather than creating new ones from scratch. With a background working at Zomato, Tater had an entrepreneurial drive and desired a location-independent career. Reading influential books like Rich Dad Poor Dad and The Four-Hour Workweek fueled his interest in creating a flexible lifestyle business.
After unsuccessful attempts to generate income through blogging, he discovered Flippa, an online marketplace for buying and selling websites. In 2012, he purchased his first profitable business, a social media marketing agency, which he later sold for a substantial profit. This success solidified his idea to create a business focused on flipping profitable websites and managing them for clients.
Creating the Company
Initially, Tater bootstrapped the business without any startup costs, aside from hosting and domain fees, creating a simple website himself. He offered profit-sharing agreements, taking a 50-50 split with investors while managing their assets. Over time, BlackBook tailored its fee structure to meet investor needs, balancing a fixed fee and revenue percentage model.
The company began acquiring larger assets as Tater’s experience grew, gradually expanding through client referrals and positive word-of-mouth. With a commitment to achieving high ROIs, BlackBook Investments attracted a loyal clientele, including repeat investors. In addition, Tater’s focus on scaling profitable sites and delivering consistent returns helped BlackBook establish its reputation within the digital asset investment community.
Launching the Business
BlackBook Investments launched officially in January 2014, following a demand surge from clients interested in passive income through digital assets. Tater initially managed everything independently, streamlining processes and services that catered to investor goals. The company quickly gained traction, attracting clients who valued high ROI and sought a hands-off approach to their online investments.
A key factor in the business’s growth was the strong emphasis on relationship-building. Tater’s commitment to personalized service, alongside his expertise in website management, led to consistent client retention and referrals. BlackBook also avoided traditional marketing, relying solely on results-driven referrals, which helped establish credibility and attract serious investors.
Earnings
Today, BlackBook Investments operates with over 25 employees, managing 15 digital businesses across various niches. The company’s client-focused approach has led to substantial growth, with a combined business valuation exceeding $5 million and annual revenue of $1.5 million. BlackBook’s profitability has allowed it to sustain and expand operations, increasing both client assets under management (AUM) and service offerings.
Tater envisions future growth for BlackBook, aiming to double AUM and eventually reach a $100 million valuation. The business’s financial model provides clients with an annual ROI between 27-30%, making it a lucrative option for investors seeking alternative asset classes. BlackBook's success and scalability serve as a testament to Tater’s vision and dedication to bootstrapping a thriving business in the digital investment space.
