Personally, I'm interested in numbers. What was your opening offer, what did the seller come back with? What did you settle on? (Totally understandable if you're not comfortable sharing that information).
Also, user information would be great. # of users prior to purchase, # since, changes in conversion rates, changes in revenue, etc.
Comments
Personally, I'm interested in numbers. What was your opening offer, what did the seller come back with? What did you settle on? (Totally understandable if you're not comfortable sharing that information).
Also, user information would be great. # of users prior to purchase, # since, changes in conversion rates, changes in revenue, etc.
Yes, if you can go over the valuation methods each side used, that would be very helpful to know, even if you don't share the cash figures involved.
What both parent comments said. Plus terms, etc. I see a lot of acquisitions but they're all SV style so I am curious what it's like.
For a look at valuation methods, check out this post from a couple years back...it's where I typically start from:
http://47hats.com/2008/07/a-tale-of-selling-a-microisv/
Where the owner of HitTail started from is anyone's guess, but I'm sure it was "as much as I can get" :-)
Good suggestions - I'll cover these as much as possible in the next 2 parts of the series.
Some of these infos are in the podcast, but I agree it will be nice to see them in the next parts