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Re:Tell HN: I made $1000 with my app and now making $500/mo by tome on Wednesday May 25, 2022 @03:18PM (#31509231)
Normally web apps like this would change hands at around 3x annual earnings, so OP has built the equivalent of more like $18,000, which is still impressive!
Re:Tell HN: I made $1000 with my app and now making $500/mo by DeathArrow on Thursday May 26, 2022 @12:54AM (#31514747)
I've seen many being sold at 5x profit, which is not 5x earnings in general but in this case is close to it.
Re:Tell HN: I made $1000 with my app and now making $500/mo by bonestamp2 on Wednesday May 25, 2022 @05:13PM (#31510635)
It's a good point, but I think they're talking about lifetime value rather than current value.