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AFAIK there are 2 reasons to acquire a company: a) when there's an operational deficiency (and you have the wherewithal to solve it), and b) when there's a ma
by brianlash 17y ago
AFAIK there are 2 reasons to acquire a company:
a) when there's an operational deficiency (and you have the wherewithal to solve it), and
b) when there's a management deficiency (and you have the wherewithal to solve it)
I imagine that's every bit as true on the web as it is offline. So from where you're standing, do you see an opportunity the current owner is missing? Do you have the skill and resources to install that value? If after a good hard consult with your gut you can answer Yes to both questions it may be a good idea to move forward.
- spoiledtechie 17y agoEverything he said!! I did the same thing, but for free with only time... Except my site has 13k users. The only problem so far is the users are still using the old site because my new site isn't up to 'their' standards yet. I currently have about 400 users on my site out of the 13k promised. I only expect my site to flourish tho... Do you expect your site to flourish and grow?
- jwesley 17y agoAnother factor to consider would be the domain name of the site. Would you want to build your company on top of the domain name? Is it suitable for the broader niche that you want to apply it to. If the site is a good fit, buying an established but underdeveloped site can be a great way to gain a foothold in an vertical without toiling for months in obscurity.