(For those curious, the site makes about $190K/year in revenue, has 25k active users, has costs of about $38k, mostly fees and colocation, and I'm not looking to sell it. Rather, I am biding my time to buy out everybody else)
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I used to post detailed financials to encourage other people who wanted to run a small project, but in recent years this advice grew untenable given the amount of investment money sloshing around my industry. You can't tell people to seek a steady income when there is free money
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I sold my tiny tech business at 2.72x annualized net income.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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Ask Masayoshi Son, obvs.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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This Tweet is unavailable.
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That's not as much a function of money as it is not having to show up to a job in a specific place
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seems like you already know the sale price of http://del.icio.us and its total bookmark count. from there it's just simple arithmetic
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Assuming this is a legit question for your future wealth tax calculations
Project future cash flows and growth. Be conservative. Discount by some market norms. For more read the Little Book of Valuation. Helpful spreadsheets here: http://people.stern.nyu.edu/adamodar/New_Home_Page/littlebook.htm …
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If you had a partner, what price would you set to give them the decision to buy you out or sell you their half of the business.
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I would make them do all the work, hold the Twitter password hostage, and treat it as entirely passive income
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