2 ms·
Yes, more than $200K, less than $500K if you are valuing it as 1 year revenue plus hardware value (not hardware cost) This is something I have certainly though
by lsc 16y ago
Yes, more than $200K, less than $500K if you are valuing it as 1 year revenue plus hardware value (not hardware cost)
This is something I have certainly thought a lot about. in fact in 2007, i did begin to walk, then I changed my mind,[1] in part due to new market realities, and in part due to the recognition that I was doing it wrong, and that there were much more reliable and economical ways to set up my system. In 2007, by the same metrics, the place was worth probably not that much more than five grand, which is really sad, considering that I personally dumped way more than that into the company in 2007.
My main mistake in the first three years was to use 'enterprise grade' hardware... used hardware, obviously, I couldn't afford the new stuff. The thing is, 'enterprise' is great if you can afford to pay the support tax, otherwise it's horrible. If you are relying on free support, use stuff that other people use.
but the point is, irrational or not, I'm not walking away from this at this point. Selling for one years revenue plus the value of a bunch of servers and a reasonable job (all the acquisition offers I have gotten sounded like HR acquisitions.) seems kinda silly when we grow by between 10 and 20% every month that we have available hardware.
But you make a good point; it may be irrational to expect other people to value equity in the company.
[1]http://www.kuro5hin.org/story/2007/12/7/3649/26418 http://www.kuro5hin.org/story/2007/12/7/3649/26418