This strikes me as one of those 'if you have to ask, you shouldn't do it' situations.
Care to explain? The OP's question was not whether it was a good idea, but the specifics of how, where, and why a particular website marketplace.
Ask HN: Where can I buy real software companies?
101–110 of 171 posts
Re: Ask HN: Where can I buy real software companies?
#102Earlier quoted context omitted.
I don't know why you are downvoted. The $500k/year business does , conservatively, cost $2-3 million (using the common "5x the yearly revenue" formula).
Valuing companies based on revenues is a bit of a stretch in my mind. Actual income/earnings/cashflow makes a lot more sense. If you don't take into account expenses then you get some really wacky valuations: ie a company is in the business of selling houses (or other large cost item) for a small percentage higher than they bought them. If you don't take into account the cost of buying the house and running the busin…
Re: Ask HN: Where can I buy real software companies?
#103Why are the answers here so coy? "Send me an email, we'll talk" Is it a secret to be shopping your website/product to a new management? Why?
It's a hard thing to do, trade-in somwthing more precious than cash, labor, time and effort, life... so have a good time and aim make people consistently, insanely happy and always satisficed
Re: Ask HN: Where can I buy real software companies?
#104Re: Ask HN: Where can I buy real software companies?
#105Earlier quoted context omitted.
That's to protect the broker, not the company. They don't want you to bypass them.
I would think it protects the company just as much. I've never sold a company but I'd imagine that people often don't want their customers and/or employees knowing that they're shopping the company around. Requiring an NDA before the company name is shared presumably makes it significantly less likely that word will spread in undesired ways...
Re: Ask HN: Where can I buy real software companies?
#106Re: Ask HN: Where can I buy real software companies?
#107Re: Ask HN: Where can I buy real software companies?
#108For sales, Flippa offers a brokerage service as well. They don't charge, unless the site is sold. I've got an extension for a CMS that stably makes 6-figures profit for past 3 years. Last year I wanted to experience the process and test the market, but didn't find the right buyer. This year might try again. If interested, reach me on Twitter: @ugurkaner