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10k for that app seems insane.
by ZephyrBlu 5y ago
10k for that app seems insane.
- shash7 5y agoUsually, the price is for the email list, backlinks to the domain name, various social accounts with followers, etc. The price for the actual app is a small part of the equation.
- ZephyrBlu 5y agoThey have ~2500 emails, no socials and seemingly only a few backlinks to startup listing websites. That does not seem worth 10k to me. What do you think?
- randymonday 5y agoMy side-project only had ~500 email subscribers, no MRR, but pretty good domain authority because it marketed itself. And still it got acquired only after 3 months!
- bryanrasmussen 5y agofor how much?
- duiker101 5y agoif it's making $350/month, that's $12.6k for 3 years. I think a general rule of thumb for website valuations is 3 years of ARR so seems about right. That's assuming that the website will never grow and will never has any other possible income source.
- sombremesa 5y agoNever grow? It will shrink. The buyer got robbed. Churn is one the numbers investors watch like a hawk in a SaaS, and I can’t imagine this service retaining more than 30% of their users over several months.
- fuzzylama 5y agoIs that insane? I'm not willing to put in more than 1-2 months of work for that price. Can you really make an interesting app in less time than that?
- meheleventyone 5y agoYou’d be amazed at how much projects with a little more effort put into them go for then! There’s a level of companies with niche products and potentially no revenue being sold for tens of millions. Granted this is partly aqui-hire but 10k is very little money in the grand scheme.
- onlyfortoday2 5y agonah its really not.