Quote:
Originally Posted by slavdogg
350k is a reasonable investment here.
As long as the owner can avg about 50k a year with this name, than 350k investment was well worth it.
350k was not a steal by any means, and it was more than cams.com or webcams.com were purchased for just few years ago. Like i said if the new owner can do 50k a year or better, than it was clearly a good investment IMO. Its no where near 50k a year now, maybe 10-15k a year now so the new owner will have to put in some work and grow that traffic from current avg of around 150-200 uniques / day
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well... 350k is a decent investment for someone who understands domains, monetization or cam sites AND has the ability to build a cam site, market it well and fund it until break even. starting with nothing, no software, no understanding of cc transactions and fraud management, no traffic, no marketing tools, no models and so on is a monumental task in the year 2009.
however.. 350k just because "livejasmin makes xyz" and not knowing the first thing about anything to the business of domains or cams... is a bit absurd ;)
i might be able to buy GM for a very great price. but i think we could all agree that if i then went to a forum and asked "ok, now what" and replied to everything with "well, both Ferrari and Lamborghini had 18% - 20% growth last year" to defend the fact that I bought GM, it would warrant some harassment and name calling and ridicule. ;)
he clearly didn't work for and earn that money because he's far too naive about business in general, investment or anything else. (you may have missed his other threads) - it looks a lot like a 17yr old who got the money from his dad. or maybe someone that won 400k in an auto accident settlement or something.