Ahmed has posted some reflections on the recent sale of three blogging related sites (Blog Catalog (sold for $40k), EatonWeb (sold for 10k) and 2RSS (sold for $7k) which all sold for between 24 and 100 times monthly revenues.
His conclusions:
- Blogs are hot (‘Buy it Now’ prices were all reached quickly)
- People can see quality
- Set your BIN high
- There’s no place for emotion if you want to succeed
There’s some interesting conclusions there.
Those of you who have sold websites and blogs – what lessons would you add to those that Ahmed has posted?
