Disclaimer: I work for reinteractive
Ask HN: Where can I buy real software companies?
141–150 of 171 posts
Re: Ask HN: Where can I buy real software companies?
#142Earlier quoted context omitted.
Could you give an example of such unwanted attention?
Customers/users abandoning a product when they learn it is for sale.
Re: Ask HN: Where can I buy real software companies?
#143Re: Ask HN: Where can I buy real software companies?
#144Why buy another company (as opposing to focusing on your existing business)?
It depends on what skills you bring to the table. (Personally) I know I can execute and grow. But I can't for the life of me find an idea to get started with. Also, if you already have an existing business (such as the OP), then you may be able to bring some cost savings (therefore more profit) than someone coming in cold. Or if you already have an existing client base, adding another business to the mix means you ma…
Re: Ask HN: Where can I buy real software companies?
#145Most businesses are for sale if the price is right. I've sold an app before where I just got a phone call from an interested party (without it being listed for sale anywhere), agreed on a price and just a few weeks later the transfer was complete. If anyone wants to buy candyjapan.com for 4x profit, feel free to contact.
This is 4x the yearly profit?
Cause a user asked if it was 4x daily profit which is absurd to me imo.
edit:
Whoa that website is awesome, too bad I'm poor but the idea is awesome. I wonder if I can sell horrible fake American chocolate lol.
Re: Ask HN: Where can I buy real software companies?
#146Re: Ask HN: Where can I buy real software companies?
#147I sold Bingo Card Creator through FEI ( http://feinternational.com ) and have nothing but good things to say about them. Something like 20% of their listings are SaaS businesses. The going rate for a SaaS business is roughly 3X yearly SDC ("seller discretionary cashflow" -- revenue minus costs required to run the business as opposed to e.g. the owner's salary, distributions, interest expense, etc). It is closer to 2X…
Why would i sell my business at 3x SDC (which, if it's a small one-person shop, probably just 15-20 months' worth of all 'take home money')? Only if was a 'crap business' as said, and i know it is heading straight into the ground and can somehow conceal it from the buyer.
Re: Ask HN: Where can I buy real software companies?
#148Would you like to purchase yipgo.com? Feel free to email me.
Re: Ask HN: Where can I buy real software companies?
#149I sold Bingo Card Creator through FEI ( http://feinternational.com ) and have nothing but good things to say about them. Something like 20% of their listings are SaaS businesses. The going rate for a SaaS business is roughly 3X yearly SDC ("seller discretionary cashflow" -- revenue minus costs required to run the business as opposed to e.g. the owner's salary, distributions, interest expense, etc). It is closer to 2X…
Why so little? It contrasts sharply with the valuations at which the startups (or even established companies, which no longer grow like crazy) are invested into at. Why would i sell my business at 3x SDC (which, if it's a small one-person shop, probably just 15-20 months' worth of all 'take home money')? Only if was a 'crap business' as said, and i know it is heading straight into the ground and can somehow conceal i…
I've worked at a few companies where we've been sold to VCs and the like.
Anything more, and the risk of no recuperating the invested money is too great. (unless you find a sucker to dump it on, which is basically the current buisness model for most of silicon valley)
Re: Ask HN: Where can I buy real software companies?
#150Need to sell my chrome extension, 130k users.