In this episode, the hosts dissect a $16M listing for a crypto news media company claiming $6M in revenue—raising serious questions about valuation, legitimacy, and what the business actually does.
Business Listing – https://www.loopnet.com/biz/business-opportunity/top-10-crypto-news-media-brand-global-syndication-6-5m-revenue/2358000/
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The hosts dives into a jaw-dropping crypto media business listed for $16M on LoopNet (and Acquire.fi), claiming $6M in revenue and $3.5M EBITDA. With 25 million monthly impressions, 300 syndication partners, and a 45-person team, the business operates in a niche corner of the digital media world—crypto news and press release distribution.
Key Highlights:
- $16M asking price for a crypto news business with $3.5M EBITDA
- 25 million monthly impressions, 300 syndication partners
- Listed on LoopNet via Acquire.fi, run by "Harrison CryptoGuy Fry"
- Unclear revenue quality: mix of ads, press release distribution, and crypto payments
- 45-person team, likely offshore contractors, minimal overhead
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