There is, in fact, such an absurdly high of demand for this business by buyers (see the thread for examples) that I think it is going to bootstrap a supply chain for them.
We're already seeing strong inklings of it in the MicroConf community.
h/t @tylertringashttps://twitter.com/artzandy/status/1196519171393081344 …
-
-
are there tons of opportunities of this scale? i could see doing this in a couple years
-
Tens of thousands of them, minimally. There are individual firms which have bought hundreds of these companies.
- 3 more replies
New conversation -
-
-
check my math: assume 2 cofounders, $2M sale after 4 years, they collectively have "most" of the company at time of sale, profit to each is roughly $200k-250k per year of work invested? twice that with a solo founder?
-
Plus ~3 years of a market salary for engineers in their neck of the woods (which is probably not AppAmaGooBookSoft in SF).
End of conversation
New conversation -
-
-
Whoa really? 4X to 5X makes sense to me but didn’t think market was Xing revenue. (I trust Einar on this one, peanut gallery.)
- 1 more reply
New conversation -
-
-
Wouldn't it be worth a lot more to the founders, though? Or, at least, why assume that it WOULD it be worthwhile to sell at that particular point in time and at that particular price range?
-
Depends what they're doing and what their plans are, right? If their desire was to keep running a business in a market they love for forever, then probably not. If the plan was always to find a hole in capitalism, fill it with a few years of sprinting, then buy a house... well.
- 1 more reply
New conversation -
-
This Tweet is unavailable.
-
-
But doing the math your still better off working at big tech, no? 4 years * 2 founders * $300k salary and equity (liquid shares) > same price there
- End of conversation
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.