from Hacker News

Selling a Side Project

by anindha on 10/11/22, 10:43 PM with 11 comments

• by GianFabien on 10/12/22, 12:09 AM

  Agreed with @metadat, more information would be helpful.

  Simple rule of thumb is the most you could expect would be around 12x proven revenues or savings. A strong negotiator would probably force you down to around 6x - 8x range.

  The high costs to build could be a reason that it hasn't been done before. In most organizations, the business case upon project inception would have to show a significant gain from the cost of any project.

  Another concern would be that your current employer might lay claims upon the results of your side-project if The Thing is in a related area. Of course, that depends upon your employer and the jurisdictions you are operating within.

• by cc101 on 10/12/22, 3:32 AM

  One reason to sell a side-project is the developer lacks effective marketing ability and is not making any money. Basing the value of a project on revenue, suggests such a project is worthless. Clearly that is not necessarily so. Relying on revenue to determine value is a cop-out avoiding the difficult task of envisioning the future. Unfortunately, people who can envision the future are hard to come by.

• by metadat on 10/11/22, 10:59 PM

  How much is the side project earning each month?

  People are going to want less cryptic and more practical information about The Thing, whatever it may be.

• by anindha on 10/16/22, 10:26 AM

  For anyone following this here is an overview doc: https://docsend.com/view/spqk8tri2393i8ya

• by kopos on 10/12/22, 5:22 AM

  Have you checked microacquire? You should be able to find a buyer there...

• by quickthrower2 on 10/12/22, 7:13 AM

  Might as well spill the beans now. What is it? Someone here might buy it.

• by tetek on 10/12/22, 6:47 AM

  hey, I sold my side-project. App + backend on microaccqaire. I've described the process on my blog, feel free to check it out. (link in profile) [I got ~10x ARR]