3 ms·
This 3x yearly earnings is mentioned quite often. But I can't believe anybody is selling for this. Maybe for 5x if you are in need of money. And in times of zer
by tobltobs 11y ago
This 3x yearly earnings is mentioned quite often. But I can't believe anybody is selling for this. Maybe for 5x if you are in need of money.
And in times of zero interest rates this 3x thing sounds even more unbelievable.
- jonknee 11y agoWell software isn't like a lot of businesses. A plumbing supply company will probably be just as successful in 3 years as it is now, but a software company might be worthless. Three years is a long time in software.
- antaviana 11y ago3x revenue, not 3x earnings. Revenue and earnings are two different beasts.
- ownagefool 11y agoIn a one man software company, there's often not a great of outgoings.