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A comment on Ask HN: is buying an old site, very dependent on SEO, a good idea?. Parent comment

Re:Ask HN: is buying an old site, very dependent on SEO, a g... by saf230 on Saturday December 04, 2010 @12:56AM (#1968644)
forgot to mention also, it makes 3k a month, so roughly 30k a year. your evaluation of 8 times is based off the monthly right
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Re:Ask HN: is buying an old site, very dependent on SEO, a g... by terra_t on Saturday December 04, 2010 @12:18PM (#1969643)
If it makes $30k of revenue a year and you don't think that revenue stream is about to stop, this is a good investment. Do it.
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