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Completely false. People buy and sell SAAS businesses all the time. 1. Sure, bad businesses exist. When they do, they're priced accordingly or just can't find
by tjbiddle 6y ago
Completely false. People buy and sell SAAS businesses all the time.
1. Sure, bad businesses exist. When they do, they're priced accordingly or just can't find a buyer.
2. It's called an exit for a reason. There are million reasons to exit (eg: Big life event, wanting to cash out and invest elsewhere, bored of the business, have other projects, etc, etc, etc.)
Just because someone is selling a business does not mean it's a bad business. I say this as someone who acquires and grows online (e-com) businesses as my primary wealth vehicle.
- amarghose 6y ago100% I had no idea you were on Hacker News, TJ, what a welcome surprise