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by mandeepj 3020 days ago
A naive question - if you are selling a lake home worth $5m then you are considering that amount as your sale? Let's say you are charging 1% as your fees then $50k is your revenue? Thx
2 comments

Given that OP was doing $0.45M just 7 years ago [1], doing $300M today would be some phenomenal amount of growth.

Maybe this is a “gross revenue” vs “net revenue” topic.

Especially given that the OP states in the same Link that he’d love a “$20m exit”.

A $20m exit on a $300m is a no brainer.

Either way. Being your own boss. Being profitable. And growing is awesome. Congrats.

[1] https://news.ycombinator.com/item?id=2341124

Knowing the way realtors' mind works (not GAAP) they measure the $5M as "sale".