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Re:Ask HN: Where can I buy real software companies? by nedwin on Friday May 22, 2015 @06:10PM (#9591118)
Stock in a public company is far more liquid. A larger software company is also likely to have employees, big clients etc.

If you're looking to sell and walk away from a founder-run SAAS startup 3x is about right.

Add multiples if you have employees, long term contracts, significant market share etc etc.

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