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Tiny Acquisitions

tinyacquisitions.com

81–90 of 178 posts

Re: Tiny Acquisitions

#81
post #16

Is anyone at HN interested in selling a project for under 5k? I’m interested in the concept, node.js applications preferred. Minimal amount of profit is also somewhat preferred. My email is my username + varela @ the google mail.

How do you make money on tiny projects like this?

Make it up in volume ;)

Re: Tiny Acquisitions

#83
post #68

If you're interested in buying and/or selling small projects, you can typically expect to pay more than $5k for something that's making any consistent amount of money. You're also unlikely to find a great deal on a really special project on a marketplace. People who post on marketplaces like Flippa or MicroAcquire or SideProjectors (there're dozens of them) have either: 1. Realized the time it takes to maintain is no…

Or don't have the time. I have/had profitable projects that don't take much time, but they'd be more profitable under someone who isn't spread as thin.

Re: Tiny Acquisitions

#84
These are a little too tiny. There are projects I would pursue as a side project, but not in the 5k territory (it's just not worth the effort), and I would be very concerned that they were simply using small projects to push malware.

Re: Tiny Acquisitions

#85
post #68

If you're interested in buying and/or selling small projects, you can typically expect to pay more than $5k for something that's making any consistent amount of money. You're also unlikely to find a great deal on a really special project on a marketplace. People who post on marketplaces like Flippa or MicroAcquire or SideProjectors (there're dozens of them) have either: 1. Realized the time it takes to maintain is no…

Just to echo this, I recently had a lovely conversation with a guy building a business he knew would be irrelevant in 10 years with the goal of selling in 3 years to someone who didn't realize that.

I will never buy a business, real estate is a much safer bet.

Re: Tiny Acquisitions

#86
post #68

If you're interested in buying and/or selling small projects, you can typically expect to pay more than $5k for something that's making any consistent amount of money. You're also unlikely to find a great deal on a really special project on a marketplace. People who post on marketplaces like Flippa or MicroAcquire or SideProjectors (there're dozens of them) have either: 1. Realized the time it takes to maintain is no…

Any suggestions on the other end: where to sell a business that is both profitable and should continue to be? Asking for a friend who is looking to retire in the next couple years (at the normal retirement age).

Re: Tiny Acquisitions

#87
post #85
post #68

If you're interested in buying and/or selling small projects, you can typically expect to pay more than $5k for something that's making any consistent amount of money. You're also unlikely to find a great deal on a really special project on a marketplace. People who post on marketplaces like Flippa or MicroAcquire or SideProjectors (there're dozens of them) have either: 1. Realized the time it takes to maintain is no…

Just to echo this, I recently had a lovely conversation with a guy building a business he knew would be irrelevant in 10 years with the goal of selling in 3 years to someone who didn't realize that. I will never buy a business, real estate is a much safer bet.

> I will never buy a business, real estate is a much safer bet.

Get richer doing absolutely nothing productive. Good work.

Re: Tiny Acquisitions

#88
Assuming I wanted to buy a few of these, what's the best way to get the cash out at the end of it all? Create an LLC, have the LLC buy the sites, then just do dividends or something?

I'm kind of hazy on how to fund such an LLC to buy stuff in the first place - do most people structure the initial money as a loan so it's tax free?

I'd love to hear practically-speaking how to do this on a small scale.

Re: Tiny Acquisitions

#89

Huh, if you open the dev console it says it was build with Bubble ( https://bubble.io/ ) a no-code platform.

Since this is likely my first conscious run in with a website explicitly generated through a no-code platform, I have to say my experience are very negative. The load time is unbearable for something as simple as this.

It could be the hacker news front page traffic slowing the server?

Re: Tiny Acquisitions

#90
post #85
post #68

If you're interested in buying and/or selling small projects, you can typically expect to pay more than $5k for something that's making any consistent amount of money. You're also unlikely to find a great deal on a really special project on a marketplace. People who post on marketplaces like Flippa or MicroAcquire or SideProjectors (there're dozens of them) have either: 1. Realized the time it takes to maintain is no…

Just to echo this, I recently had a lovely conversation with a guy building a business he knew would be irrelevant in 10 years with the goal of selling in 3 years to someone who didn't realize that. I will never buy a business, real estate is a much safer bet.

Yeah that's messed up. Any time you're buying anything, but especially a business, you need to do your due diligence.

Perhaps I'm naive, but I think your risk in buying a business goes down if the current owner under-appreciates what they have, and you have the skills to do it better than them.

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