any plans to open-source some of the parts? I really liked the WYSIWYG nature of the site builder.
We put our site for auction on eBay
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Re: We put our site for auction on eBay
#12it seems you're doing well, why are you trying to sell?
Combination of fatique and a sense of completion. We can walk away now and say it was a success or we can struggle for another 1.5 years trying to achieve another level of success. At this point we're ready to sell, we're doing it now because it's worth something and we've reached a scalable and solid idea. We've accomplished everything that we've wanted to for our first start-up.
you can now move on to the next big thing and be a serial entrpreneur! :)
Re: We put our site for auction on eBay
#13seems like a cheap way for weebly to get some more users... depending on what the final sale price goes to... And they could pick off any interesting features or code they liked.
there are a couple ways you could value this. in terms of users, you could probably acquire users at $1 apiece, so 14,000 users = $14,000 + (new user value). not sure what their growth rate is since all we know is that they've acquired 14,000 in 18 months, but if we give them the benefit of the doubt and say they've grown by 2,000 users in the past month, we'll say we can acquire an extra 24,000 users in the next yea…
Cool analysis. It is always incredibly hard to put a value on something. The value is really what someone is willing to pay for it. Obviously, it is in their interests to go for as high of valuation as possible.
If they are pulling 4K a month and lets say that is a peak month for them and their growth is slowing. Then they might only be pulling 48K a year. When I sold a site in the past I got 2 1/2 times yearly revenue for it. Which would only give 125K valuation.
It is kind of amazing how just looking at a couple different numbers we have valuation ranges from $38,000 - $500,000
Kiko wasn't valued on users or anything, but on development time costs. What it would take to implement the same solution in house, which is another interesting way to look at it. I would love to see a write up about how happy they are with that purchase now that have been using it awhile.
Either way it should be fun to follow and see how this works out for them...