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HOW TO
YOUR APP
ALON
WALLER
BLUETHRONE
Co-Founder & CEO
STEVE P. YOUNG
THE APP MASTER
“SOME PEOPLE DIE IN THEIR 30’S,


THOUGH NOT BURIED UNTIL 80”
WHY developers are
SELLING their app?
WHY The heck developers
are SELLING their app?
Stuck under a marketing/UA growth ceiling
WHY The heck developers
are SELLING their app?
Too many apps to seriously maintain,
update, improve and grow
WHY The heck developers
are SELLING their app?
Life happens: sudden need for a
big sum in cash
WHY The heck developers
are SELLING their app?
Big plans for an exciting next project
WHY The heck developers
are SELLING their app?
Finance growth of team/studio
WHY The heck developers
are SELLING their app?
Take a 3-6 months break
and disappear in Thailand :)
WHAT Kind of Apps
are being SOLD?
UA APPS
THE IOS14 ATTRIBUTION SHOCK CAUSED
UA BASED APPS TO APPEAR ON THE MARKET
PMF APPS
PMF IS THE DEGREE TO WHICH AN APP SATISFIES A STRONG
MARKET DEMAND.
HOW do I know if I
have a PMF app?
LAW OF
THE
5K+
DOWNLOADS
5K+
REVENUE
5K+
NOW, what’s an
app MULTIPLIER?
“App buyers predict future earnings by multiplying the monthly net pro
fi
t of the
app before taxes by a number determined by the app historical pro
fi
t numbers or
sales projections, usually somewhere between 15 and 40 Months“
BUT what creates a
higher app MULTIPLIER?
Which RIVER
is your NICHE AT?
1
DYING
RIVER
STEADY
RIVER
WILD
RIVER
LOW
VALUATION
AVERAGE
VALUATION
HIGH
VALUATION
“ROOF
Replacement” Test
2
“NEVER OWN A BUSINESS THAT EATS
WHILE YOU SLEEP”
HOW Complex is
your APP?
1. Design complexity
2. Back-of
fi
ce control/management complexity
3. Tech complexity
4. Content complexity
LEVELS
OF COMPLEXITY
4
HOW Complex is your APP 

TO UPDATE/MAINTAIN?
VALUATION
COMPLEXTIY
“ROOF Replacement” Test
ONE-NIGHT
STANDING?
3
“THERE ARE ONLY 2 INDUSTRIES THAT CALL THEIR
CUSTOMERS USERS. DRUGS AND APPS”
Your PAYMENT model is
your BUSINESS model
SINGLE PAYMENT
ADS BASED
SUBSCRIPTION
ONE NIGHT STAND
FRIEND ZONE
LOVING RELATIONSHIP
Your PAYMENT model is
your BUSINESS model
SINGLE PAYMENT
ADS BASED
SUBSCRIPTION
VALUATION
VALUATION
VALUATION
Curse of
‘ONE’
4
“CHANGE HAPPENS WHEN THE PAIN OF STAYING THE
SAME IS GREATER THAN THE PAIN OF CHANGE”
SINGLE or
MULTIPLATFORM?
?
SINGLE PLATFORM
MULTI (1 highly dominant)
MULTI (2 dominant)
VALUATION
VALUATION
VALUATION
THE APP
Vineyard
5
“THE LONGER SOMETHING SURVIVES,


THE MORE LIKELY IT WILL STAY”
“AGE” range
VALUATION
VALUATION
VALUATION
<12 MONTHS
12-17 MONTHS
>18 MONTHS
What is your
ALIBI?
6
“WHY IS THIS PIZZA PLACE


REMAINS CLOSED ON SATURDAY?”
SALES ALIBI
How stable are your downloads &
revenues?
“Your ability to explain downloads and/or sales
fl
uctuations will impact the valuation”
SALES ALIBI
How stable are your downloads &
revenues?
PERFORMANCE:
VALUATION
VALUATION
VALUATION
VALUATION
+ “Alibi”
NO “Alibi”
Make the
SKELETON DANCE
7
“THE GYM IS A PLACE THAT EITHER


YOU’RE FIT OR FAT”
HONESTY PAYS
“Don’t hide skeletons in the closet.
Nothing breaks a buyer trust more than
fi
nding unexpected skeletons 

during DD.”
Where are your
SKELETONS?
Skeletons in the CLOSET
Skeletons DANCING
Skeletons SURPRISING
VALUATION
VALUATION
VALUATION
The App SALE
PROCESS
The App SALE
PROCESS
DAY


0
DAY


10
DAY


21
FREE Online 

App Valuation
PMF APP
TEST
1ST STAGE 

“on surface”
Valuation
2ND STAGE 

“Deep Dive”
Valuation
CLOSING
EXIT
GET FREE APP
VALUATION NOW
.io

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How to sell my app?