Now that's funny. On Mon, Aug 24, 2020 at 9:53 PM Steve Jones <thatoneguyst...@gmail.com> wrote:
> 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 >> > -- > AF mailing list > AF@af.afmug.com > http://af.afmug.com/mailman/listinfo/af_af.afmug.com > -- Lewis Bergman 325-439-0533 Cell
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