How Much Is My Side Project Worth?

Find out how much you can sell your side project for 🏷

18 followers

Find out how much you can sell your side project for 🏷

18 followers

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Find out how much your side projects are worth and how much they can sell for.

How Much Is My Side Project Worth?: Find out how much you can sell your side project for 🏷 | Product Hunt

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Launch tags:

Web App•E-Commerce•Tech

Launch Team

Milan M

Robofy AI Chatbot

I am attaching a screenshot here with some actual data for a lyrics website.

It is showing the worth in negative. How is that even possible?

https://imgur.com/ce9CofE

Am sounding a little harsh as many people will try this tool out as it is built by a star maker and then will be disappointed due to the poor numbers.

Pros:

None. Looks like just some random calculations.

Cons:

Not well thought out rough product.

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6yr ago

levelsio

eu/acc: European Accelerationism

Maker

Thanks Milan! Your example shows $1,000/year revenue, with $300/year costs, and a net income of $700. It also shows you've put 10 hours per week into it (as the owner) with an estimated $25/hour rate. That means $13,000/year of your time. With only $1,000/year revenue, that's a $12,000/year loss. A new owner will have to do the same work as you, so that means a negative value for now. I've added this now: "Your own labor cost/y: $13,000 Net income is reduced by the cost of the time you put in at your hourly rate. "

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6yr ago

Ryan Hoover

Product Hunt

@levelsio good walkthrough of the calculation. Many people don't include their time and opportunity cost when evaluating these things.

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6yr ago

Barry Leybovich

@levelsio When I increase Revenue Growth from 10% to 100%, my estimated valuation gets *more* negative, even though net income is positive and cost growth is only 5%. Doesn't make any sense.

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6yr ago

levelsio

eu/acc: European Accelerationism

Maker

🥂🍾🎇Happy 2019, Product Hunters! Here's a mini side project I just made on the first day of this year, that I thought might be interesting for people here launching their own projects, and possibly thinking of selling them at some point. 🤔 Problem @andreyazimov just sold his side project MacBook Alarm: https://medium.com/@AndreyAzimov... And we just had a big discussion about getting your projects acquired on Twitter: https://twitter.com/levelsio/sta.... For many it's unclear what their side projects are worth. Many want to sell, or have people interested in buying but have no idea how to get to a proper price. I definitely didn't. 💡Solution This calculator helps you figure out a base price to aim towards when negotiating selling your side project. Because not knowing what your product is worth puts you in a bad spot for negotiation! This is just a start: I now base it on net income (revenue - costs), multipliers by industry (sales price being usually a multiplier of net income), and growth rate multipliers (higher growth increases sales price). I'll keep adding more possible variable inputs and variations. If you have feedback or ideas, please let me know and I'll implement them ASAP. 😋

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6yr ago

Aaron O'Leary

Product Hunt

@andreyazimov @levelsio Been following your tweets regarding startup valuation, cool to see you put your thoughts into an actionable product! Good luck with the launch!

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6yr ago

Graham Seymour

Well this is just stellar. Lots to improve, but the core, underlying philosophy is both salient in it's value & prescient in light of a new year, as many of us contemplate our myriad side projects. I see lots of potential here, albeit constrained by only the most common of beta imperfections. Keep up the great work, Lev.

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6yr ago

levelsio

eu/acc: European Accelerationism

Maker

@seymourgroup Thanks Graham! My name's not Lev, but I'll take it!

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6yr ago

Graham Seymour

@levelsio I was going for "short for levels.io, Lev" - I'm.aware that you're Pieter. 😃 - anyway, cool project.

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6yr ago