My boss has a guy the goes in front of him laying crisp new 100 dollar Bill's down for him to walk on so he doesnt sully his shoes walking in the same path poor people walk on, has a second guy that follows behind with a brush burner so those pesky poors dont pick the money up and exit their caste
On Mon, Aug 24, 2020, 9:36 PM Matt Hoppes <mattli...@rivervalleyinternet.net> wrote: > Because the IRS likes to tax that. I’d rather spend the vaults on the > network and my employees than keep it in the vault. > > That said - we do have a small war chest. > > On Aug 24, 2020, at 10:04 PM, Mike Hammett <af...@ics-il.net> wrote: > > > I've often wondered how WISPs without competitors don't have Scrooge > McDuck vaults full of money. > > The last time I counted, my network touched over 20 other fixed wireless > service providers of one kind or another. > > > > ----- > Mike Hammett > Intelligent Computing Solutions <http://www.ics-il.com/> > <https://www.facebook.com/ICSIL> > <https://plus.google.com/+IntelligentComputingSolutionsDeKalb> > <https://www.linkedin.com/company/intelligent-computing-solutions> > <https://twitter.com/ICSIL> > Midwest Internet Exchange <http://www.midwest-ix.com/> > <https://www.facebook.com/mdwestix> > <https://www.linkedin.com/company/midwest-internet-exchange> > <https://twitter.com/mdwestix> > The Brothers WISP <http://www.thebrotherswisp.com/> > <https://www.facebook.com/thebrotherswisp> > > > <https://www.youtube.com/channel/UCXSdfxQv7SpoRQYNyLwntZg> > ------------------------------ > *From: *"Matt Hoppes" <mattli...@rivervalleyinternet.net> > *To: *"AnimalFarm Microwave Users Group" <af@af.afmug.com> > *Sent: *Monday, August 24, 2020 8:05:04 PM > *Subject: *Re: [AFMUG] Buying and selling ISP’s > > I’ve often thought if a competitor ever came into town - I won’t give up. > > That’s surrender. No, I’ll go to war. It’s invasion of my territory. May > the best man win. > > If need be I’ll offer free plans for the first year and free installs. > > I had a competitor come in once, 35 million USDA grant. Guns were blazing. > Made threats about they had enough money to advertise us out of business. > > They are now bankrupt and not even a thought. > > On Aug 24, 2020, at 8:54 PM, Dave <dmilho...@wletc.com> wrote: > > > > Fight the Dying of the light .. Dont go out without a fight.. > > All I gotta say is they may take away our spectrum and slap us with more > reporting and more fees but Bring dat shiz > > We got this.. All said and done who can outlast the brute fist of the > Gorilla. > > Ill get off my soap box now ... you cant stop the tanker in me LOL! > > > On 8/23/2020 11:17 AM, Jeff Broadwick - Lists wrote: > > I have a couple theories about the selling market: > > 1. There’s never been more cash floating around our industry. It > provides options. There is also a good chance that smaller WISPs are about > to be over built with government money...another strong inducement to make > your best deal. > > 2. As an industry, we are about 20 years old. If you started the > business in your 40s or 50s, you might be easy to retire. If you started > it younger, you might be ready to cash out and go do something else. > > Jeff Broadwick > CTIconnect > 312-205-2519 Office > 574-220-7826 Cell > jbroadw...@cticonnect.com > > On Aug 23, 2020, at 11:54 AM, Ken Hohhof <af...@kwisp.com> > <af...@kwisp.com> wrote: > > > > I seem to remember this thread started with a post about buying, but there > seems to be a lot of interest in selling. I wonder why. > > > > Is it because customers are getting on our nerves? I know they’re getting > on mine. Everyone is stuck in their house doing everything on the Internet > and whining about it and waiting until the last minute and then needing > stuff right now this minute because we’re > streaming/gaming/Zooming/eLearning/teleworking here. Plus doing > construction on our house and the contractors are here right now taking > your dish off the roof or putting siding nails through your cable. Or > they’re buying/selling houses because interest rates are like zero or to > move away from the virus or to a different school district. > > > > > > *From:* AF <af-boun...@af.afmug.com> <af-boun...@af.afmug.com> *On Behalf > Of *Mike Hammett > *Sent:* Sunday, August 23, 2020 10:05 AM > *To:* AnimalFarm Microwave Users Group <af@af.afmug.com> <af@af.afmug.com> > *Subject:* Re: [AFMUG] Buying and selling ISP’s > > > > I know it *CAN* be anything. > > > > I'm asking what it is for successful, arms-length, nothing special > transactions. I do expect there to be a range. > > > > > > ----- > Mike Hammett > Intelligent Computing Solutions <http://www.ics-il.com/> > <https://www.facebook.com/ICSIL> > <https://plus.google.com/+IntelligentComputingSolutionsDeKalb> > <https://www.linkedin.com/company/intelligent-computing-solutions> > <https://twitter.com/ICSIL> > Midwest Internet Exchange <http://www.midwest-ix.com/> > <https://www.facebook.com/mdwestix> > <https://www.linkedin.com/company/midwest-internet-exchange> > <https://twitter.com/mdwestix> > The Brothers WISP <http://www.thebrotherswisp.com/> > <https://www.facebook.com/thebrotherswisp> > > > <https://www.youtube.com/channel/UCXSdfxQv7SpoRQYNyLwntZg> > ------------------------------ > > *From: *"Chuck McCown" <ch...@wbmfg.com> > *To: *"AnimalFarm Microwave Users Group" <af@af.afmug.com> > *Sent: *Saturday, August 22, 2020 10:28:58 PM > *Subject: *Re: [AFMUG] Buying and selling ISP’s > > That can be anything. There is no connection between revenue and > earnings. You can have $2M in revenue but -$5M in income if you burned > cash to generate sales. > > Sent from my iPhone > > > > On Aug 22, 2020, at 7:35 PM, Mike Hammett <af...@ics-il.net> wrote: > > > > Right, but what I'm asking is that if 5x EDIBTA = Y, then what was Y / > annual revenue? > > > > ----- > Mike Hammett > Intelligent Computing Solutions <http://www.ics-il.com/> > <https://www.facebook.com/ICSIL> > <https://plus.google.com/+IntelligentComputingSolutionsDeKalb> > <https://www.linkedin.com/company/intelligent-computing-solutions> > <https://twitter.com/ICSIL> > Midwest Internet Exchange <http://www.midwest-ix.com/> > <https://www.facebook.com/mdwestix> > <https://www.linkedin.com/company/midwest-internet-exchange> > <https://twitter.com/mdwestix> > The Brothers WISP <http://www.thebrotherswisp.com/> > <https://www.facebook.com/thebrotherswisp> > > > <https://www.youtube.com/channel/UCXSdfxQv7SpoRQYNyLwntZg> > ------------------------------ > > *From: *"Chuck McCown" <ch...@wbmfg.com> > *To: *"AnimalFarm Microwave Users Group" <af@af.afmug.com> > *Sent: *Saturday, August 22, 2020 10:01:44 AM > *Subject: *Re: [AFMUG] Buying and selling ISP’s > > Whatever 5x your earnings are. Not sales or revenue or gross profit but > bottom line earnings on your income statement/ pl. Your taxable income. > > Sent from my iPhone > > > > On Aug 22, 2020, at 8:16 AM, Mike Hammett <af...@ics-il.net> wrote: > > > > What does the revenue multiplier end up being, though? > > 5x EBIDTA / revenue gets you what, in purchases that have been made? > > > > ----- > Mike Hammett > Intelligent Computing Solutions <http://www.ics-il.com/> > <https://www.facebook.com/ICSIL> > <https://plus.google.com/+IntelligentComputingSolutionsDeKalb> > <https://www.linkedin.com/company/intelligent-computing-solutions> > <https://twitter.com/ICSIL> > Midwest Internet Exchange <http://www.midwest-ix.com/> > <https://www.facebook.com/mdwestix> > <https://www.linkedin.com/company/midwest-internet-exchange> > <https://twitter.com/mdwestix> > The Brothers WISP <http://www.thebrotherswisp.com/> > <https://www.facebook.com/thebrotherswisp> > > > <https://www.youtube.com/channel/UCXSdfxQv7SpoRQYNyLwntZg> > ------------------------------ > > *From: *"Chuck McCown" <ch...@wbmfg.com> > *To: *"AnimalFarm Microwave Users Group" <af@af.afmug.com> > *Sent: *Friday, August 21, 2020 8:20:47 PM > *Subject: *Re: [AFMUG] Buying and selling ISP’s > > 5 x ebidta > > Revenue multiples are of no value. > > Sent from my iPhone > > > > On Aug 21, 2020, at 5:30 PM, cjwstudios <cjwstud...@gmail.com> wrote: > > > > 1x annual revenue and hope the customers stay on > > > > On Fri, Aug 21, 2020 at 5:43 PM Matt Hoppes < > mattli...@rivervalleyinternet.net> wrote: > > This is the issue I’ve always had when I’ve looked at buying an ISP. It > always seems like a lot more money I would have to put out to buy then I > could just build and take the customers if something is wrong with the > current network. > > > > > On Aug 21, 2020, at 12:43 PM, Seth Mattinen <se...@rollernet.us> wrote: > > > > > > On 8/20/20 8:13 PM, Steve Jones wrote: > > >> I think you either buy or sell, isp isnt really a flip thing > > > > > > > > > There is/was someone in my part of the country buying up ISPs and trying > to package them all together as a flip. My ISP customers tell me it's far > easier to get the flipper's customers to cancel and switch than buy their > company. > > > > > > -- > > > AF mailing list > > > AF@af.afmug.com > > > http://af.afmug.com/mailman/listinfo/af_af.afmug.com > > > > -- > > AF mailing list > > AF@af.afmug.com > > http://af.afmug.com/mailman/listinfo/af_af.afmug.com > > -- > AF mailing list > AF@af.afmug.com > http://af.afmug.com/mailman/listinfo/af_af.afmug.com > > > -- > AF mailing list > AF@af.afmug.com > http://af.afmug.com/mailman/listinfo/af_af.afmug.com > > > > -- > AF mailing list > AF@af.afmug.com > http://af.afmug.com/mailman/listinfo/af_af.afmug.com > > > -- > AF mailing list > AF@af.afmug.com > http://af.afmug.com/mailman/listinfo/af_af.afmug.com > > > > -- > AF mailing list > AF@af.afmug.com > http://af.afmug.com/mailman/listinfo/af_af.afmug.com > > > -- > AF mailing list > AF@af.afmug.com > http://af.afmug.com/mailman/listinfo/af_af.afmug.com > > > -- > AF mailing list > AF@af.afmug.com > http://af.afmug.com/mailman/listinfo/af_af.afmug.com > > > -- > AF mailing list > AF@af.afmug.com > http://af.afmug.com/mailman/listinfo/af_af.afmug.com > > > -- > AF mailing list > AF@af.afmug.com > http://af.afmug.com/mailman/listinfo/af_af.afmug.com > > -- > AF mailing list > AF@af.afmug.com > http://af.afmug.com/mailman/listinfo/af_af.afmug.com > > -- > AF mailing list > AF@af.afmug.com > http://af.afmug.com/mailman/listinfo/af_af.afmug.com >
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