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A few thoughts …
Generally people are looking for proof and security of future profits.
So :
– are the accounts being affected by the recent ban?
– Do you think that they’re still worth $10K pm ?
– is it made up of multiple players at multiple sites ?Basically the accounts should be sold at a multiple of their monthly value.
Before all this legislation a number of 12x-18x monthly might have been right.
Now of course there are fewer buyers and many more sellers.But the better quality of revenue (more players – more non US) then the better the price. Still probably only 3x-9x these days though …
thanks Gooner. Revenue is mostly US-based customers via private operators. In general not affected by the recent ban – though payment processing effects may put a dent on it. Revenue increase is exponential over time – sports and horse racing being seasonal – year in year out – casino and poker play is mostly from product cross over.
At 12x-18x I would think hard about it. At 3x-9x I will definitely hold.
Now that 3x-9x figure is this for all of them? The Online Poker Lessons I really like. So do the freakin bh/seo club must be doing something right. In any case are you selling Online Poker Lessons?
greek39
greek39, I meant I will not sell at 3x-9x. thanks for your comments on Online Poker Lessons – is it for sale? at the right price, yes.
Keep in mind that there are quite a lot of foolish buyers at sitepoint who are eagerly trying to create their own web 2.0 valuation bubble. So I think you should be getting higher multiples than the 9 times revenue.
Well if you can find a willing and over-eager buyer … of course you can grab whatever is offered …
:woohoo:
