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A naive question - if you are selling a lake home worth $5m then you are considering that amount as your sale? Let's say you are charging 1% as your fees then $
by mandeepj 9y ago
A naive question - if you are selling a lake home worth $5m then you are considering that amount as your sale? Let's say you are charging 1% as your fees then $50k is your revenue? Thx
- willart4food 9y agoKnowing the way realtors' mind works (not GAAP) they measure the $5M as "sale".
- tiffanyh 9y agoGiven that OP was doing $0.45M just 7 years ago [1], doing $300M today would be some phenomenal amount of growth. Maybe this is a “gross revenue” vs “net revenue” topic. Especially given that the OP states in the same Link that he’d love a “$20m exit”. A $20m exit on a $300m is a no brainer. Either way. Being your own boss. Being profitable. And growing is awesome. Congrats. [1] https://news.ycombinator.com/item?id=2341124 https://news.ycombinator.com/item?id=2341124