How Much Is My Side Project Worth?

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.

🥂🍾🎇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. 😋

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.

That url is just too long, no effort towards finding a good name?

useful starting point! How far would you say intangible things such as brand come into valuations?

Love the simplicity! Reminds me of some financial tools I've come across 💰 Not sure if it's a bug–but when I increase the time spent it actually didn't affect the final value of side project.

This is super handy 👏🏻 I just updated a piece I wrote last year on selling your side project and added a link to this calculator 👇🏻 https://hackernoon.com/top-5-mar...