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Old 07-31-2005, 12:09 AM  
slapass
Too lazy to set a custom title
 
Join Date: Nov 2002
Location: Earth
Posts: 14,625
Quote:
Originally Posted by Forkbeard
I understand why buyers are skeptical of large multiples, but the fact that anybody's willing to sell for such tiny ones just blows me away. I guess that's why I won't be selling my blogs any time soon. They've got years of track record showing traffic and revenue growth every month, and the income from my best one compares favorably to *good* jobs I've held in my life. This is not volatile -- shit could happen, but no way are these blogs going to stop making me money if I pay attention and stay flexible.

So you can imagine my suprise when I had some pirate offer me very low five figures for one of my blogs not long ago. WTF? Why would I swap a solid no-end-in-sight income for a paltry few month's revenue? What kind of moron would take that deal?

I can't imagine selling any of my sites for less than 3-5 *years* of revenue. I know buyers won't go there because they don't trust the stability of the revenue, but I don't have that problem -- I know it's stable. Somebody who would sell their site for six month's revenue has *got* to know the site is about to go KABOOM, else why sell?
The person could need the money. Wants to retire, divorce, illness, death. Tons of reasons to sell. So once the motivation is in place, we are determining market price.

I do not have anything I would sell for one year's income right now but that does not make a market as my stuff is not up for sale.
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