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Got a $180K offer for my app. Should I sell?

6 pointsby patriciawrightabout 11 years ago

4 comments

nppcabout 11 years ago
On a second thought !<p>looking at your previous questions on hackernews, i now doubt whether you are asking all these questions just to drive traffic to brightjourney ?
nppcabout 11 years ago
What is your current advertising budget.<p>If your current revenue is the result of minimal &#x2F; no advertising then why not try allocation a little more funds there and see the results.<p>Is there any scope for improvement to your product other than bug fixes ?
jtfrenchabout 11 years ago
(Assuming you make $90k&#x2F;year)<p>10x annual revenue I think flies by many investors books and wouldn&#x27;t seem &quot;outlandish&quot;. If need be you could probably meet somewhere in-between 5 and 10x. 2x seems like too low of a multiple.
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bangleebang00about 11 years ago
It sounds like a lowball offer to me if it is really that profitable. But can you scale it further is the question.