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At least 10x their yearly profit? What other investment provides a consistent 10% yearly return on the scale we're talking about? At P/E ratio of 5, you litera
by eanzenberg 9y ago
At least 10x their yearly profit? What other investment provides a consistent 10% yearly return on the scale we're talking about?
At P/E ratio of 5, you literally just wait 5 years and you've just made as much as your initial investment.
- AnimalMuppet 9y agoIf you get five years before someone disrupts it. That's not a given.
- accountyaccount 9y agoGiven craigslist has been around for 20 years I think it's fair to assume they could take an upwards of 5 years to unseat. Even Myspace continues on to this day.