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Selling an automated business at the usual three-to-five-times multiple makes no financial sense: wait three years, earn the same money, and still own the company.

Drawn from what Pieter Levels said

A private bookmark. Not a position, and never counted.

What Pieter Levels actually said

Word for word, with the source under each one. They did not write this page.

  1. Pieter Levels

    Dutch bootstrapper who builds and runs his internet startups alone

    So, in my case, they’re all automated, so I might as well wait three years and I get the same money as when I sell and then I can still sell the same company.

Added to korrents 20 Aug 2024 · How quotes work · Something wrong? Tell us

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