3 ms·
"a lot more ways you could spend $125k building a similar company to get to profitability faster" ... Not necessarily. It's actually pretty difficult to start
by benguild 14y ago
"a lot more ways you could spend $125k building a similar company to get to profitability faster"
... Not necessarily. It's actually pretty difficult to start something that's consistently driving revenue at all or even into the 5-figure range. That said, $18k/year isn't super high and he's looking for roughly 5x the revenue to acquire the business, which someone would obviously only do in hopes of growth.