The thing that really gets my hackles up is Sedo’s “Please justify your asking price” quote that is used extensively by lowballers and noobs who’ve probably never run a business and with this attitude probably never will run a successful one either. You are the one making the offer, if you find the asking price …
You’ve probably already heard about the purchase of Skype by Microsoft for $8.5 Billion. Most people, or at least the vocal majority, will tell you how they overpaid, with TechCrunch readers telling you how they ‘overpaid by half’ and how they should have paid only $4 Billion. Not like they can justify that number either, …