Flippa

“If people ask too many questions, especially before the letter of intent, They're usually not particularly serious about it. There is this trend, not only on acquire.com, on Flippa and other websites, where people pay the monthly queue, whatever, and go on the…”

“I bought it for seven and a half grand, I think, because the owner had the deal lined up, but the guy who bought it, like bought it, Before me, never sent the money, never did the transfer.”

“I mean, the most of the deals are the ones like what you did right there for like one X or sometimes 1.5 X is usually what happens.”

“I bought that for 5000 dollars that I scraped together improve the website traffic and make my money back in two and a half months and then sold it a month later for 22,000.”

“My favorite two are without a doubt Flippa and Andrew's new play.”

“I just don't remember, but it was more than double than what I paid.”

“If someone has the capability to start and grow a SaaS company, there are outlets like Flippa that don't require you to go spend 10 or 50% of your initial eventual outcome on a fee. Absolutely unnecessary, in my opinion, for everybody. Some people need it. Som…”

“The CEO saw the deal, saw that it was the most popular deal on Flippa in terms of watchers, traffic, and eyeballs. Picked up the phone to, I guess an outfit called TCM that was actively buying deals. And I guess they had communicated and already done a big dea…”

“What we're seeing on average is a three times net profit multiple or SDA multiple seller discretionary earnings on a SAS asset, which is between two and four years old.”

“We see around four and a half thousand listings a month on the platform across the collection of digital assets, and those digital assets are SaaS businesses, as if you, as you've alluded to so well, Nathan, and I know your community is very passionate about, …”

“So we convert at 35%. So 35% of all assets list on Flipper, sell on Flipper.”

“We have over three million users. In fact, it was two weeks ago that Flippa signed up its three millionth user.”

“We have 1.5 million active buyer accounts. So those are buyers looking at the platform and they have looked at the platform and considered a listing within the prior six month period.”

“The average sale price is 75,000 dollars.”

“What we have is we have 10 years worth of historical sales data. Now, of course, 10 years ago, there were very few High value digital assets being sold in a marketplace context, and so less, less data than we would like. But over the last three years, we've go…”

“If what people forget is that buyers do set Budgets, and that's how the match, the matching algorithm works. So if a buyer has a two million dollar budget, and you've priced at 2.5, that would be considered, and that was considered unreasonable. You're going t…”

“No, so we're at about 600,000,600 million in, in transactional TTV, so total transaction value.”

“So we see just over ten million monthly keyword searches on Flippa.”

“Yeah, so SaaS is in our top 15, our top 15 searches, so what that means is you've got just under a 100,000 searches a month, just under a 100,000 searches a month for SaaS.”

“I don't think they should intentionally underprice. I think there's three, ah, there's three tips I would provide. One, be as transparent as possible, because you want bids to come in as soon as possible. If you leave too much to chance, you are slowing down t…”

“One, there's a best price guarantee, but for any asset over a 100,000 dollars, which is most of the founders that we'll be talking to on this podcast it's a five percent success fee.”

“There's a SaaS asset that's on the platform right now. You can check it out ninjaoutreach.com. I think you can see that it's got over 20,000 buyer views when I last checked.”