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Software

Submission + - Selling a software company

TogetherGirl writes: I'm a partner in a small software company that sells 7 software products worldwide. We have been in business for about 5 years and each year sales have increased nicely.

Because of different philosophies / interests / opinions, we have decided to part ways. We have all agreed that it is best to sell the company or all products to a third party and hence, distribute the proceeds according to share ownership.

Since there is interest in our products by our competitors, we are trying to determine what is the best multiple of gross product sales to be used in calculating the 'selling price' of the company or all of the products.

I know there is no exact science but what is the average multiple (of gross sales) used to determine the asking / selling price of a software company?

Can anyone point out some good examples of companies being bought for around $1 million USD?

Thanks
Programming

Submission + - Hatred for PHP -- in the case of Ruby's Matz (rubyist.net)

An anonymous reader writes: I know you believe in the Programmer Hierachy, right? Here's one real world example. Matz, the author of Ruby, posted a blog entry about a bad design of PHP. It began in another guy's blog entry... That guy found out that there is a strange behavior in PHP's round function, and he guessed why it happened in very funny way. Then Matz took it seriously and he said... "Well, this is totally impossible design of programming language, but can PHP user trust the language with such a bad sense of it?? I fee very sad."

I hear a lot of the word of "Love" in Ruby community recently. Isn't it a nice way to love your neighbor huh?

eg: Here's Google Translation of Matz's blog. the diary of hnw — the strange round function of PHP on Matz's blog on May 27, 2007

Announcements

Submission + - IT gurus are top marriage material in India (bbc.co.uk)

snkmoorthy writes: "Rafia Khatoon is a mother on a mission.She's looking for a good matrimonial match for her 28-year-old Rakshi."I want an IT professional," she says, "preferably someone based in London, or someone who has the opportunity to work overseas in the future." For the IT professionals who have spent years labouring under nicknames such as nerd, geek or computer whiz — and those are the nicer ones — this attention comes as a pleasant surprise. They've hardly ever been seen as the most glamorous of types. Often stereotyped as hard working and intelligent — and well, just a little bit boring — they're not often seen as the ideal mate."

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