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Pinboard

@Pinboard

The light inside is broken, but I still work. The Cadillac of online bookmarking sites. Alleged nocoiner. http://pinboard.in  maciej@ceglowski.com +1 415 610 0231

Lonely street of broken dreams
pinboard.in
Joined July 2009

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    Pinboard‏ @Pinboard 25 Feb 2020

    Someone called me a tech millionaire, and I got all snippy, but then I realized that I have no idea how to value Pinboard. Do I just, like, multiply earnings by something? Is it the craigslist value of the servers? How do you value a tiny tech business?

    12:28 PM - 25 Feb 2020
    • 4 Retweets
    • 164 Likes
    • Alexandria G-S Marc “Except You, You're All Right” Whipple Andy Chow *#GotVaxxed*💉 Eric Atkinson GUH ... Isaac Hodes sʟ 不然你要我怎麼樣®
    29 replies 4 retweets 164 likes
      1. New conversation
      2. Pinboard‏ @Pinboard 25 Feb 2020

        (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)

        15 replies 6 retweets 183 likes
        Show this thread
      3. Pinboard‏ @Pinboard 25 Feb 2020

        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

        5 replies 7 retweets 93 likes
        Show this thread
      4. End of conversation
      1. Yahel Carmon‏ @Yahel 25 Feb 2020
        Replying to @Pinboard

        I sold my tiny tech business at 2.72x annualized net income.

        0 replies 0 retweets 7 likes
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      1. Philip Koop‏ @philkoop 25 Feb 2020
        Replying to @Pinboard

        Ask Masayoshi Son, obvs.

        0 replies 0 retweets 5 likes
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      1. This Tweet is unavailable.
      2. Pinboard‏ @Pinboard 25 Feb 2020
        Replying to @cityofprogress

        That's not as much a function of money as it is not having to show up to a job in a specific place

        0 replies 0 retweets 51 likes
      3. Show replies
      1. New conversation
      2. Tom Lee‏ @tjl 25 Feb 2020
        Replying to @Pinboard

        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

        1 reply 0 retweets 5 likes
      3.  📝Drew Vogel‏ @drewonpaper 25 Feb 2020
        Replying to @tjl @Pinboard

        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 …

        0 replies 0 retweets 0 likes
      4. End of conversation
      1. New conversation
      2. Robert Sterbal‏ @rsterbal 25 Feb 2020
        Replying to @Pinboard

        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.

        1 reply 0 retweets 0 likes
      3. Pinboard‏ @Pinboard 25 Feb 2020
        Replying to @rsterbal

        I would make them do all the work, hold the Twitter password hostage, and treat it as entirely passive income

        1 reply 0 retweets 32 likes
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