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Formula for figuring out what a domain is worth?



I haven't been on this board in months, but I remember reading once a formula for figuring out what a domain is worth. It went like: figure out what you make monthly in revenues, then multiply that for what you would make in 5 years.

I can't seem to find the post that said that. I've also been looking on google but it's filled with companies offering "free" domain appraisals and non-helpful advice. Someone has recently offered to buy my domain, and going by that above formula, I would stand to gain a pretty penny.

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