New ask Hacker News story: Ask HN: How do you know when to sell your business?
Ask HN: How do you know when to sell your business?
3 by jollofricepeas | 2 comments on Hacker News.
Over the last five years, I’ve bootstrapped an e-commerce business to $4 million ARR with a great profit margin. We have no debt, no investors and the business is pretty easy to run. I own the business 100% with no partners. For the first time, I’ve had a few conversations with companies about acquiring the business at the standard multiple for businesses of this size. The only problem is not sure what I’m doing lol and know little to anything about M&A. - Why did you sell your business? - Did you stay on after earn out? - What are some lessons you learned both good and bad? - What questions should I be asking myself and others?
3 by jollofricepeas | 2 comments on Hacker News.
Over the last five years, I’ve bootstrapped an e-commerce business to $4 million ARR with a great profit margin. We have no debt, no investors and the business is pretty easy to run. I own the business 100% with no partners. For the first time, I’ve had a few conversations with companies about acquiring the business at the standard multiple for businesses of this size. The only problem is not sure what I’m doing lol and know little to anything about M&A. - Why did you sell your business? - Did you stay on after earn out? - What are some lessons you learned both good and bad? - What questions should I be asking myself and others?
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