Other than startups, I think ABC is all that's left in the industry. C would probably be a tough one for most of the remaining WISPs. There's some integrity in this world. Maybe even matt Hoppes
On Sat, Aug 22, 2020, 10:04 AM Matt Hoppes < [email protected]> wrote: > If someone offered me enough I might sell. > > But it needs to be enough to be worth my while to walk away from: > > A) a job I enjoy most days > B) walking away from recurring revenue for the next 10 years > C) enough to distribute to my employees who have helped build the company > to what it is today. > > I’m not going to just take money and say “see what suckers!” > > Most of them work as hard or harder than I do. They’re getting a chunk of > any sale that happens. > > On Aug 22, 2020, at 10:56 AM, Ken Hohhof <[email protected]> wrote: > > > > What stopped me from selling several years ago was the tax consequences. > Uncle Sam was going to get almost as much as I was. > > > > It’s possible that hiring a good tax advisor in advance could improve this > situation. Also if you’re thinking about buying or selling, it would > probably make sense to look at current taxation of capital gains and any > associated tax dodges, and how that might change in various post-election > scenarios. > > > > Generally I’ve only been interested in cash deals. I remember when Keyon > wanted to buy me out with stock, and claimed that Keyon stock was “better > than cash” because it would increase in value. Next thing I heard, they > were in bankruptcy. But I have heard of merger-like acquisitions where the > seller gets stock and even an executive position in the acquiring company. > For some people, that might be a better situation, both from the standpoint > of a continuing income, and how much Uncle Sam grabs. Not sure if there > would be a capital gain if you get paid in stock, and what the cost basis > would be for that stock down the road if you sell it. > > > > > > *From:* AF <[email protected]> *On Behalf Of *Steve Jones > *Sent:* Saturday, August 22, 2020 9:21 AM > *To:* AnimalFarm Microwave Users Group <[email protected]> > *Subject:* Re: [AFMUG] Buying and selling ISP’s > > > > The boss wants to find some around here for sale, but jab/rise kind of > cleaned out the shelves. It seems the last few standing either did merger's > or are just standing on pure spite and irritation like us and wouldnt sell > if their teeth were getting pulled out. > > > > On Sat, Aug 22, 2020, 9:16 AM Mike Hammett <[email protected]> wrote: > > What does the revenue multiplier end up being, though? > > 5x EBIDTA / revenue gets you what, in purchases that have been made? > > > > ----- > Mike Hammett > Intelligent Computing Solutions <http://www.ics-il.com/> > <https://www.facebook.com/ICSIL> > <https://plus.google.com/+IntelligentComputingSolutionsDeKalb> > <https://www.linkedin.com/company/intelligent-computing-solutions> > <https://twitter.com/ICSIL> > Midwest Internet Exchange <http://www.midwest-ix.com/> > <https://www.facebook.com/mdwestix> > <https://www.linkedin.com/company/midwest-internet-exchange> > <https://twitter.com/mdwestix> > The Brothers WISP <http://www.thebrotherswisp.com/> > <https://www.facebook.com/thebrotherswisp> > > > <https://www.youtube.com/channel/UCXSdfxQv7SpoRQYNyLwntZg> > ------------------------------ > > *From: *"Chuck McCown" <[email protected]> > *To: *"AnimalFarm Microwave Users Group" <[email protected]> > *Sent: *Friday, August 21, 2020 8:20:47 PM > *Subject: *Re: [AFMUG] Buying and selling ISP’s > > 5 x ebidta > > Revenue multiples are of no value. > > Sent from my iPhone > > > > On Aug 21, 2020, at 5:30 PM, cjwstudios <[email protected]> wrote: > > > > 1x annual revenue and hope the customers stay on > > > > On Fri, Aug 21, 2020 at 5:43 PM Matt Hoppes < > [email protected]> wrote: > > This is the issue I’ve always had when I’ve looked at buying an ISP. It > always seems like a lot more money I would have to put out to buy then I > could just build and take the customers if something is wrong with the > current network. > > > > > On Aug 21, 2020, at 12:43 PM, Seth Mattinen <[email protected]> wrote: > > > > > > On 8/20/20 8:13 PM, Steve Jones wrote: > > >> I think you either buy or sell, isp isnt really a flip thing > > > > > > > > > There is/was someone in my part of the country buying up ISPs and trying > to package them all together as a flip. My ISP customers tell me it's far > easier to get the flipper's customers to cancel and switch than buy their > company. > > > > > > -- > > > AF mailing list > > > [email protected] > > > http://af.afmug.com/mailman/listinfo/af_af.afmug.com > > > > -- > > AF mailing list > > [email protected] > > http://af.afmug.com/mailman/listinfo/af_af.afmug.com > > -- > AF mailing list > [email protected] > http://af.afmug.com/mailman/listinfo/af_af.afmug.com > > > -- > AF mailing list > [email protected] > http://af.afmug.com/mailman/listinfo/af_af.afmug.com > > > > -- > AF mailing list > [email protected] > http://af.afmug.com/mailman/listinfo/af_af.afmug.com > > -- > AF mailing list > [email protected] > http://af.afmug.com/mailman/listinfo/af_af.afmug.com > > -- > AF mailing list > [email protected] > http://af.afmug.com/mailman/listinfo/af_af.afmug.com >
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