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Maybe he just preferred having a healthy amount of money in the bank, and the multiple was worth it? Having $500k - 1m brings decent peace of mind, even if it
by charlesdm 9y ago
Maybe he just preferred having a healthy amount of money in the bank, and the multiple was worth it?
Having $500k - 1m brings decent peace of mind, even if it was a nice business.
- imhoguy 9y agoExactly as author mentions the risks and the focus in the article. Future, especially in IT and ecommerce, is unknown and next month some mamoth competitor or smart copycat can step into his market.