July 18, 2006 at 4:29 pm
#699094
Inactive
Dominique wrote:
usually 1 1/2 years of projected income.
This was a ballpark figure at one time. Earlier than that, say 6 years ago during the .com boom it used to be a 3 years salary. However in our industry, in todays legal climate the 3-6 months is a closer estimate. For a successful site it really isnt worth it to sell at that price.
Thus you wont see many sites that make good money changing hands for big bucks. G2B a few years back was one heck of a deal at the perfect time. I wouldnt think it would bring the same $ amount if it were sold today.