@Shpigford i spent years copying existing website designs figuring out how to actually do thingsโฆ then i started doing my own thing. those reps mattered
@heysandy801@EvanForge I was at an antique fair on the weekend, ruffling through a bunch of old photos. Picked one out and asked the seller how much, she goes.. oh.. how'd that get in there that's not for sale
Bought another shopify app for 2.4X arr.
It's one of the healthiest businesses I've seen in a while and I've done diligence on at least a hundred apps. A few years ago this would have gone for 4x easy.
@ltvhunter low six figures
$1โ200k arr range feels most likely to compress
everyone wanted a pet saas and had the money (or financing) to bid things up
there's way fewer of those buyers
higher arr opens up a better buyer pool and higher (3x+) multiples for sure
@EvanForge@heysandy801 yeah always cases where mindset dictates value for the sellerโฆ or the buyer
iโm wondering if multiples have dropped overall. As an owner i'm concerned they might keep dropping BUT iโm putting my money where my mouth is... still a buyer at these levels