Earlier quoted context omitted.
> but I really struggle to imagine any pair of pants being worth that much money unless they are lined with gold or something. It depends on how much you earn. I don’t mind spending tens of thousands on Loro Piana cashmere because it’s really nice, but at my income level the price difference between that and Zara is pretty much immaterial. Keep in mind that HN is packed with people with salaries above $1M/yr and entr…
What is your NW?
Valuing my vast and eclectic empire of small websites earning between $1k and $300k per year is tricky because it’d presumably be tremendously hard to sell them all at once. Of course some reasonable multiple would arrive at some much higher number than my bank account+physical assets.