This Guy Built a $50B Website Empire

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On this FIRST episode of Money & Power we investigate how to buy and sell online assets such as websites - in order to build a fortune. Thomas is the CEO of FE International. He is a serial business entrepreneur and M&A expert, having built an industry-leading firm in the $1-100M global technology sector.

Chapter overview: 0:00 Building a $50 Billion Online Empire 1:55 How Thomas Smale got into M&A 3:47 How to start small by flipping websites 5:26 Why you should buy and not build a business 7:35 How much money you need to buy a business 8:26 How to finance buying an online business 11:08 Does website flipping still work in 2024? 13:24 How to find a great deal to buy (Flippa?) 17:00 What kind of online business you should buy 22:09 How to evaluate if you buy a good business 23:39 How to value an online business - what price to pay 26:15 Negotiation tactics for small deals 30:47 How to increase the value of the asset (YouTube rollups) 35:12 How long to hold after buying 37:23 How to sell and make a profit $$$ ... https://www.youtube.com/watch?v=vgoKmy_QtM0