Hippiepersonals Is Selling Out

by David Evans on November 27, 2006 · 2 comments

in Uncategorized

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Dude, it’s like totally amazing. HippiePersonals.com is for sale on eBay. Also being auctioned are 55 niche dating domain names, including: progressivesingles.com, democratpersonals.com, greendating.com, wiccandating.com, veggiedating.com and punksingles.com. Minimum bid is $10,000. Auction ends December 4th at 4:05 PM. I don’t know about selling a $300/month business for $10,000, that multiple is a bit out of wack.

Funny that the guy started it while in law school, now he’s probably stuck in a cube farm working for The Man. Peace out.

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{ 2 comments… read them below or add one }

NealNo Gravatar 11.27.06 at 4:30 pm
Out of whack? Its 3x annual earnings. It is strange to me that some people seem to expect relatively low multiples in the Internet World these days. Why is that? I doubt any brick and mortar would sell for less than 3x!!! 10x was the norm during the .com heyday. The Nasdaq lists many companies trading at 10-100x Annual earnings!
strider5749No Gravatar 11.28.06 at 10:11 am
I dunno if the price seems so out of whack. I do know that I personally cannot afford $10k–but I’ve always been told a fair amount to sell your business for is 5x gross–which would put the hippie site at a premium.

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