Forum Moderators: LifeinAsia
This isn't so abnormal for the private sale of any kind of business, however when businesses are sold as "public" companies via any stock exchange the value of them is typically more than 10 times the businesses annual profit.
1.5 times to 10 times is a big step!
My own sites, generating their modest full time income, arn't worth selling privatley but if I was to go public with them via an IPO (Initail public Offering) and float on the stock market the amount of money involved is very, very tempting.
The catch 22 is that to "go public" the business on offer needs to have a certain minimum value, (this minimum value depends on the location of the IPO).
If you're google or youtube, no probs, but for the majority of us its not going to happen. That is, unless a whole bunch of us club together and merge to form a large enough virtural city to be worthy of going public.
Doing such a thing sounds easy enough but its not really. There a lot of details to consider but I thought I would throw this idea out there and see what you think?
