LINKS
0 · the best of golf
LINKS
The best of golf · since 1988
LINKS Magazine — current issue cover
The most beautiful magazine in golf.
A 37-year-old brand carried into America's most prestigious private clubs — and the affluent audience no one has monetized. Now an investment.
Family & friends round
$300K · now open
Series Seed · QSBS · closes Sept 2026
01 / 18
read the green
Since 1988THE BEST OF
golf.
GOLDEN HOUR · A PRIVATE LINKS
The most beautiful magazine in golf — placed by name in the locker rooms of America's most prestigious private clubs. Thirty-seven years of trust. Now an investment.
Hole 05 · The audience

The audience is the asset — and no one has ever sold to them as a whole person.

0
copies into the top private clubs in America
0
average reader net worth
0
rounds of golf played every year
0
are in-market for a golf-course home
44% take three or more golf trips a year, and the newsletter opens at 30–40%. They treat golf as the doorway to travel, design, and community — and today LINKS monetizes none of it.
Hole 08 · The plan

Three engines. One audience.

A high floor — a profitable media business with the most obvious un-pulled levers in the building. A high ceiling — travel and real estate sold into an affluent, in-market base. Three engines, one user base.

Engine 01 — Media

The high floor

A brand with 110K affluent print readers and a 30–40% newsletter open rate earns $0 from digital advertising today. Switching it on — modern ad products, the Premier Properties print-to-digital upsell, AI-modernized operations — is the single most obvious lever in the building.

→ Even modest digital CPMs against 50K+ engaged opens, plus the Premier Properties upsell, add several hundred thousand dollars of high-margin revenue — on inventory that costs almost nothing more to run.

$0
digital ad revenue today — pure low-hanging fruit
Engine 02 — Travel & events

The LINKS Invitational

The prior owner leaned into a handful of trips and discovered how astonishingly profitable they were — the single biggest reason 2025 revenue jumped 21%. Run the Golfweek formula: curated, high-touch trips to private clubs and the world's great resorts, with a membership tier whose card opens private courses.

→ ~$6K margin per traveler ($16K price − $10K cost); 3–4 trips a year ≈ $0.7–1.0M of contribution — before a membership tier that adds $0.5M+ of recurring revenue.

$3M
of Golfweek travel revenue came from just 75 people
Engine 03 — Real estate

Premier Properties, productized

48% of the audience is looking to buy a golf-course home, and no one serves them — in a market where the average golf-course home rose 13.6% to $541K. Turn the Premier Properties Guide into a data-driven listings and referral engine: developers and realtors pay to list; LINKS earns a referral on every closing.

→ A 1–2% referral on a $750K home is $7.5–15K per closing; even 20–40 closings a year ≈ $0.2–0.8M, on top of listing fees — from an audience that's already half in-market.

48%
want a golf-course home — and no one sells to them
Hole 11 · The world of LINKS

The world the audience already lives in.

Courses, trips, homes, and 37 years of covers — the life LINKS readers spend on, and the inventory three engines turn into revenue.

Drag to explore the world of LINKS →

OCEANSIDE · THE INVITATIONAL
PREMIER PROPERTIES · LISTING
ON THE GREEN · THE 18TH
GOLDEN HOUR · THE BACK NINE
THE CLUBHOUSE · MEMBER LOUNGE
THE WORLD OF LINKS · 1988–2026

Representative licensed photography (Unsplash / Pexels) — ready to swap for LINKS's own course, trip, and listing shoots.

Hole 14 · The numbers

It already makes money. The engines are the bet.

Revenue held near $2.0M for three years, then stepped up 21% to $2.52M in 2025 as events kicked in — lifting adjusted EBITDA to $583K at a 23% margin. After a market salary, it throws off ~$358K today, before a single new initiative.

0
revenue growth in 2025 as travel & events kicked in
0
adjusted EBITDA margin — nearly double the prior average
0
normalized cash flow today, after a market salary
Revenue to 2031 — three cases
$2.5M
2025 · actual
$3.45M
2031 · media only (the floor)
$6.06M
2031 · + digital & membership
$18.4M
2031 · the platform (all three engines)

Today revenue is ~100% print and newsletter advertising. As the engines come on, one revenue line becomes five.

Hole 16 · The operators

Two operators, each running the half they've mastered.

LINKS is run by two full-time founder-operators — and, it turns out, two Tulane grads — split along the exact lines of what each has spent a career building.

NS

Nate Scott

CEO & Publisher · Media
  • VP & GM, Sports and Events at Gannett | USA TODAY Network, and Publisher of Golfweek — where he ran the golf-media P&L and the travel, events, and membership playbook this entire plan is modeled on.
  • Founding team of For The Win; earlier at SB Nation and Fox Sports. Co-creator and host of The Sneak (2.5M+ downloads).
  • Tulane University (BA/MA), MBA from UVA Darden. Joins full-time as CEO.
BE

Ben Earley

President · Operations, Travel & Brokerage
  • Founder of HOLT — bootstrapped from zero to a ~60-person international property developer and hospitality operator across the U.S., Mexico, and Romania.
  • Co-founder of Paul Evans, a venture-backed luxury DTC footwear brand made in Italy. Began his career at J.P. Morgan.
  • Tulane University, A.B. Freeman School of Business (summa cum laude). Leads operations, the capital structure, and the travel & brokerage engines.
Hole 17 · Take your shot

Sink it to unlock The Ask.

Drag back from the ball, aim for the 18th, and release — or just keep scrolling.

Drag back from the ball, aim, and release →
Hole 18 · The ask

Own a piece
of LINKS.

A 37-year brand on an affluent, private-club audience that no one has fully monetized. The acquisition is financed with debt — your capital is pure growth fuel that switches on travel, real estate, and digital.

$300K raise $2.2M post-money ~13.6% Series Seed 1× non-participating QSBS-eligible
~1.4×
Floor — media only
~4×
Upside — media + digital
~16×
Bull — the platform

The 1× preference returns your capital first; QSBS may make the federal gain tax-free at a five-year hold. Illustrative, from management's model — subject to diligence. Plus a LINKS membership, access to the trips, and the swag — you're inside the brand.