Quote:
Originally Posted by Pleasurepays
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.
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He's claimed $100 per day just from redirecting it to another program. While this isn't just wonderful it's still $36,500 per year on a domain that should hold it's value. Not bad if you have a spare $350,000, even if you don't know shit else to do with the business.