Quote:
Originally Posted by cherrylula
250 million in debt??? How the hell did that happen? geez.
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From the initial purchase of the company. I believe it's alot higher now.
Conru played his cards right. I remember articles floating about Friend Finder's value for a while in all the business rags, chumming the waters.
Quote:
Originally Posted by Internet Guy
Highly profitable porn companies have 0 incentive to go public.
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Exactly.
I've sat on both sides of the table, in the end our business model doesn't seem to succeed in that type of environment. It will still run, but it won't run as well. IMO you need to have an entrepreneur mindset to thrive. When a company goes public it never runs the same; it becomes bloated, sluggish.
