alt Hacker NewsWell, how big were the business assets?
Specifically, what percent of the business would have to be sold off? My reaction is very different for 5% versus 50%.
Replies
jedberg • last Wednesday at 11:42 PM
You usually can't sell off 5% of a small business. A sole proprietor is not going to issue stock for 5% and get any buyers.
There’s no market for limited partnerships in mom and pop shops. The whole thing may go for a low multiple of yearly revenue, like 2 or 3x.