Re:Ask HN: Any advice for someone looking to buy an existing...
by throwaway280382 on Tuesday April 25, 2023 @04:11PM
(#35706055)
I was part of FE International newsletter. So, I got to see financials of some companies.
You always have costs. Like stripe costs, hosting costs, licenses etc.
So profit is never 90%, its typically like 30% of gross
Cashflow, but since most websites have such a high profit I assumed that's pretty close to their net income. Will have to dig in to find out more. I am just getting started so I wasn't sure what to look for.