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Normally web apps like this would change hands at around 3x annual earnings, so OP has built the equivalent of more like $18,000, which is still impressive!
by tome 4y ago
Normally web apps like this would change hands at around 3x annual earnings, so OP has built the equivalent of more like $18,000, which is still impressive!
- bonestamp2 4y agoIt's a good point, but I think they're talking about lifetime value rather than current value.
- DeathArrow 4y agoI've seen many being sold at 5x profit, which is not 5x earnings in general but in this case is close to it.