Posted by Online Entrepreneur on July 23, 2010 ·
In buying a website, I follow a super-simple principle: I am willing to pay (much) lower than the site value. Let’s say I try to implement Warren Buffett’s ways of investing – discover the intrinsic value of a business, and pay for it accordingly, not considering how much the market think the business worth.
Now, the problem with website value is the unknowns. Website valuation [...]