News for hackers. Stuff that matters.

A comment on Creative Tim: Growing a side project into a $17k/month business. Parent comment

Re:Creative Tim: Growing a side project into a $17k/month bu... by proee on Thursday December 29, 2016 @05:08PM (#13280596)
You need to consider the fact that Tim is creating a real asset that has a market valuation based on a multiplier of revenue and/or profits.

In the business I created with my cofounder, we never made that much on a monthly basis, but when we finally sold the company, we did very well.

So to motivate yourself, just ask yourself how much would you like your business to be worth if you ever decide to sell it?

[ Parent | on HN ]
Re:Creative Tim: Growing a side project into a $17k/month bu... by gbrits on Thursday December 29, 2016 @09:19PM (#13282033)
As one reference point, I've seen smaller saas-companies go for about [2,3] times ARR. Source: following feinternational newsletter. Always thought that was a bit dissapointing. Care to share your experience?
[ Parent | on HN ]