22 ms·
Is it not a possibility for you to transistion out of actively running/managing the site and hand it off to someone else who will actively grow the site whilst
by grantism 15y ago
Is it not a possibility for you to transistion out of actively running/managing the site and hand it off to someone else who will actively grow the site whilst maintaining the income and allowing you to follow your new idea?
This way you can make sure you get a decent price AND sell to the 'right buyer' rahter than just cashing out and potentially leaving your community in the lurch.
- v2b2 15y agoThat is what i am doing now, but as you know, if you are not doing anything yourself it will never be as you want it, and thus the site I guess is slowly declining and I am focusing on my new venture and thus can't keep coming back to this and actually need the funds as well.
- pitchups 15y agoWhat is the profitability of the site - say as % of revenue. Most buyers would want to pay a multiple (say ~12x) of the net profits. Also they would consider if it would be possible for them to run the site without your contribution.