i thought it would be worth more. congrats markus. not that markus needs any more money than that. i thought he would enjoy being a billionare though.
This is a big part of why it's SMART for most consumer startups to avoid earning revenue at all. Doing so will often cap their potential exit price, in practice.
Still, this at least was at the higher end, for purely revenue-based valuations.
I'd love to see more examples of successful bootstrapped and/or lifestyle businesses, but - unlike PoF - most of them they don't get the same PR as the mainstream startups, which makes them harder to find/follow.
Both of these effects are what a layman would think "shouldn't be real". From experience, both are extremely real.
Too bad that the TV shows present these as sort of jokes. That disappoints me. No joke, these are dead real.