Selling my startup - freescreencast.com
I have given it a good run. I have a business partner with money, many great developers and testers on my side, and a some-what successful go of it.
But I no longer have the time. I'm ready to pass on this torch and give it up to someone. The primary reason is family. The other is I have found several other excellent sources of income and I can't justify spending the time to over come the bump on freescreencast.com.
So I want to sell: buyer gets several items: source code for both client software and for the website, and the domain.
Most importantly, however, is the buyer inherits the userbase, the user accounts, and the content created by the users.
Search is primarily long tail, but we're top ten in many, many searches.
So... any takers? Any advice?
The alternative is a shutdown, which I just don't want to do.
In this 2009 acquisition retrospective, @jaskew reflects on the journey of bootstrapping and successfully selling their business.
Hacker News peers debated transaction structures (cash vs earnout), founder tax strategies, and life after liquidating a long-term indie asset.
http://alexa.com/siteinfo/freescreencast.com
how about some hard data then ?
It looks like the site has very little traffic, a few hundred users / day at best. What is the businessmodel ? Revenues ? Expenses ?
If you really want to sell it wouldn't take more than 10 minutes to collect the most important metrics.
Put it up on eBay.
Actually, let's just start bidding right now. I'll put up $50. Anyone for $55?
I have given it a good run. I have a business partner with money, many great developers and testers on my side, and a some-what successful go of it.
But I no longer have the time. I'm ready to pass on this torch and give it up to someone. The primary reason is family. The other is I have found several other excellent sources of income and I can't justify spending the time to over come the bump on freescreencast.com.
So I want to sell: buyer gets several items: source code for both client software and for the website, and the domain.
Most importantly, however, is the buyer inherits the userbase, the user accounts, and the content created by the users.
Search is primarily long tail, but we're top ten in many, many searches.
So... any takers? Any advice?
The alternative is a shutdown, which I just don't want to do.
I will gladly answer any questions.