Don't sell your business short by accepting unfavorable financial terms, and don't just close the doors because you don't think...
EPISODE 2
Selling Cyberspace: How to Put a Price on Virtual Assets
Selling cyber businesses is vastly different than brick and mortar companies. Virtual businesses typically have fewer employees, little to no hard assets and a relatively short track record. So how do you put a price on it? Understanding the nuances associated with online businesses and placing a valuation on virtual assets is addressed by two industry experts experienced in helping clients buy and sell Internet-based businesses.
Host: Cress V. Diglio
Guests: Joe Magnotti, Founder of Empire Flippers and CEO of Hot Money
David Fairley, Founder and President of Website Properties
Podcast: Play in new window | Download (Duration: 32:00 — 44.0MB)
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Who’s behind the mic?
Cress V. Diglio, CBI, M&AMI, Managing Partner of Calder Associates
Cress has more than 20 years business brokerage experience and has been an active member of the International Business Brokers Association (IBBA) for 15 years. He has earned both the Certified Business Intermediary (CBI) and Merger & Acquisition Master Intermediary (M&AMI) designations and has been involved with more than 500 successful business transactions. Cress is recognized as a Fellow of the IBBA for his achievements and contributions and served as IBBA Chairman in 2015. In 2017 he was recognized with the IBBA’s Chair Award for his ongoing work on behalf of the industry.
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