I'm a small business, high profitability, pretty scalable, not a venture type biz, generally a micro business.
I earn 250k or so per year, low margins, and provide a real value.
I saw Micro Aquire show up and the founder and I had connections, so I was like amazing! Let's do this.
They even featured me as a business that would be ideal (aka Featured Startup)
I assume we aren't supposed to be venture scale businesses here.
I listed, never sold, not their fault, for like 2 years
I've been listed as a premium startup, I thought that meant something interesting like high revenues low expenses
I've been a premium startup for a while now
Then today I decided to update the multiple that I was willing to sell my company based on the current market conditions, like 3x revenue
This is the only change I've made, now I'm not listed and have been removed
Given the current market conditions I feel that this is fair, but now I'm unlisted
What the F is happening?
I'm a small business, high profitability, pretty scalable, not a venture type biz, generally a micro business.
I earn 250k or so per year, low margins, and provide a real value.
I saw Micro Aquire show up and the founder and I had connections, so I was like amazing! Let's do this.
They even featured me as a business that would be ideal (aka Featured Startup)
I assume we aren't supposed to be venture scale businesses here.
I listed, never sold, not their fault, for like 2 years
I've been listed as a premium startup, I thought that meant something interesting like high revenues low expenses
I've been a premium startup for a while now
Then today I decided to update the multiple that I was willing to sell my company based on the current market conditions, like 3x revenue
This is the only change I've made, now I'm not listed and have been removed
Given the current market conditions I feel that this is fair, but now I'm unlisted
What the F is happening?