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Author Topic: Need advice for valuation of a site earned $30K in BTC last two weeks  (Read 225 times)
unicornbabe
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May 17, 2017, 06:12:18 PM
 #1

I have a SaaS app related to crypto that has been earning consistent profit for years. In the last three months user base started to grow exponentially. See profit numbers yourself:

                          Revenue           Running costs
February         $9105                            $1150
March             $27201                          $1150
April               $31547                          $1150
May                $33866 (May 1-17)         $1200

All payments are made in BTC, so in fact the site earned more due to BTC price increase.
Because I lack the skills and the knowledge needed for running a large business and i'm more a software developer than entrepreneur, i started looking to sale the business. Hence, my questions: How much would you valuate such website? Where would you sell it?
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soothaa
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May 17, 2017, 06:17:34 PM
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Business and some websites typically sell for 2-3x their annual revenue. However with the giant bubble that could be, it's tough to say. Why not continue running it? Or have someone help/contribute and you still get plenty of profits?

Tired of shitty ICOs, unprofessional teams, pointless projects?
The HALO Platform has all the best qualities of any platform out there! Check them out!
https://bitcointalk.org/index.php?topic=2164260.0
unicornbabe
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May 17, 2017, 06:29:18 PM
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Business and some websites typically sell for 2-3x their annual revenue. However with the giant bubble that could be, it's tough to say. Why not continue running it? Or have someone help/contribute and you still get plenty of profits?

As the site's popularity grows, i need to spend more time on support which is not what i'm interested in. Hiring and managing staff requires skills that i'm missing.
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May 17, 2017, 06:38:30 PM
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Well I certainly do not have the capital to purchase a site, but I would very much be interested (and able) to help run and manage such an site.

I have decently extensive software and hardware experience, sysadmin for nearly 10 years, and a health hate of the cloud Smiley

Tired of shitty ICOs, unprofessional teams, pointless projects?
The HALO Platform has all the best qualities of any platform out there! Check them out!
https://bitcointalk.org/index.php?topic=2164260.0
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