How Much is a Niche Job Board Worth?
In the last few months I have been able to to meet some successful owners of niche job boards. These owners have been from all over the world and have specialized their job boards in different verticals and geographies. Out of those I met, three have sold their job boards to larger companies for over $25 million dollars each. All three companies had been in operation for just under three years before they sold.
What made them worth so much? Well, they first were able to gain a large market share in their niche. Second, they were the first to market that were able to create a good brand. Third, they showed continuous growth and profitability. Most importantly, they had a team that could sustain continued success and transfer best practices to the rest of the larger aquiring company.
Good luck to all those starting your own job board. VR Recruiting is always willing to help you with your strategy, positioning, marketing, and technical needs. We love building communities and making them successful. Our goal would be to help you make over $20 million dollars in just under three years.
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