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Dave's for sale?

 
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fezmond



Joined: 27 Oct 2008

PostPosted: Tue Jan 28, 2014 5:49 am    Post subject: Dave's for sale? Reply with quote

Is Dave's for sale?

Just read it here:

http://idiotsofkorea.proboards.com/thread/2439/esl-cafe-sale

How much do you think it'd be worth if Dave bothered to update the software and rejig the site?
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knee-highs



Joined: 15 Feb 2007
Location: yes

PostPosted: Tue Jan 28, 2014 5:33 pm    Post subject: Reply with quote

I have no idea of the value. But there are sites on the internet which estimate website worth.

By a strange coincidence, some coworkers were talking about this last friday.
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fezmond



Joined: 27 Oct 2008

PostPosted: Thu Jan 30, 2014 12:30 am    Post subject: Reply with quote

Where can one calculate this site's worth?

I reckon he should flog it, get a decent board running. This place is dying slowly.
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Hokie21



Joined: 01 Mar 2011

PostPosted: Thu Jan 30, 2014 12:41 am    Post subject: Reply with quote

Google "website worth" .....I plugged eslcafe.com into a few and got varied results. Seems to be worth a decent chunk of change though.
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knee-highs



Joined: 15 Feb 2007
Location: yes

PostPosted: Thu Jan 30, 2014 5:29 pm    Post subject: Reply with quote

Hokie21 wrote:
Google "website worth" .....I plugged eslcafe.com into a few and got varied results. Seems to be worth a decent chunk of change though.


Yes, I did the same and those results are all over the place. Which site do you think is the best for estimates, Hokie21?
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Seul



Joined: 09 Oct 2008
Location: Seoul

PostPosted: Fri Jan 31, 2014 3:51 am    Post subject: Reply with quote

I'd be interested in taking a look at the ad myself. Websites / businesses like his typically sell for a multiple of revenue. Would need the traffic, revenue, costs, and other data to properly calculate a valuation.
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caribmon



Joined: 26 Oct 2009

PostPosted: Sat Feb 01, 2014 10:02 pm    Post subject: Reply with quote

Valuation of web sites is generally less than 2x average annual net cash flow for past 12-60 months. Small websites sell for about 6 months revenue.

Unless of course, you can hype it up, get 1st round, 2nd round or even 3rd round of financing at exponential fake valuations *cough twitter* then it can be valued at 50x trailing losses.

Honestly though, few years back Dave could have sold it for a couple million to a publicly traded internet conglomerate or a group of clueless investors. Search Maker Studios or FailBlog.

Now the site's valuation is probably under 500k due to fewer ads and less traffic but really, the valuation is dependent on whatever the idiot on the other side is willing to pay for it. If he wants to spend 10 million then that's what it's worth.
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knee-highs



Joined: 15 Feb 2007
Location: yes

PostPosted: Sun Feb 02, 2014 2:02 am    Post subject: Reply with quote

caribmon wrote:
Valuation of web sites is generally less than 2x average annual net cash flow for past 12-60 months. Small websites sell for about 6 months revenue.

Unless of course, you can hype it up, get 1st round, 2nd round or even 3rd round of financing at exponential fake valuations *cough twitter* then it can be valued at 50x trailing losses.

Honestly though, few years back Dave could have sold it for a couple million to a publicly traded internet conglomerate or a group of clueless investors. Search Maker Studios or FailBlog.

Now the site's valuation is probably under 500k due to fewer ads and less traffic but really, the valuation is dependent on whatever the idiot on the other side is willing to pay for it. If he wants to spend 10 million then that's what it's worth.


True enough. If he had sold a few years ago, he would have potentially made millions. Perhaps he really did not know, or ego took over. Hard to speculate. But in all honesty, the site cannot be worth more than 200 grand. But, some guy over on the idiots of korea site says it is worth 1.5 million dollars.
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