Selling financial startups?

Member

I know this is not something you typically hear of or see but I am wondering if it is possible to sell a smaller financial startup that functions online. At what point would something like this turn a big enough profit to make it worth doing something like this? 

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June 6, 2020 2:20 AM

Member

Well, you have to gain interest from investors looking to buy. This can be hard to do if your start up is still in the early stages and there is no clear outline of possible success. According to the Harvard Business School, as three-quarters of venture-backed startups fail. You have a lot to consider here.

June 8, 2020 12:41 AM

Member

Business startups are very hard to sell unless the process is already turning revenue. No one wants to gamble an investment without proof of pay. This is why websites, for example, will have to prove value through yearly earnings to get better value for them when they are for sale.

June 9, 2020 11:11 PM

Some say you can't expect to be able to sell a startup at all unless you are already seeing valuable revenue and in most cases, people in this position likely wouldn't be looking to sell in the first place.

June 11, 2020 9:06 PM

If you look at business ideas online that started out smaller, you'd see the potential. YouTube is one of the big ones in recent years that Google paid a hefty price for because they saw the potential. Vine was a another one that was bought up and used on a different platform.

June 16, 2020 6:20 PM

If you think you have something worth selling, you will know it is worth selling when people start approaching you to buy it. There are large companies out there always looking and scouting to buy up new companies and startups.

June 16, 2020 7:00 PM