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Originally Posted by Nathan
For some reason Mike seems to think the only reason to optimize a company after a spree of M&A transactions is because it is crashing. Obviously a company not crashing would _NEVER_ try to optimize their bottom line...
That more or less answers any claim he makes a few posts up.. but yet again he keeps claiming there are "layoffs" which is a term for firing people because of business slow down or closing of a certain group in a company ( https://en.wikipedia.org/wiki/Layoff) ... without ANY kind of proof or even an INCH of facts.
He gets 5 eMails of people that were let go, and he thinks "WOW, 5 people, that's insane!" - so now all of sudden there are layoffs all across Manwin!? Who are you kidding?
As I said above, any company, always, optimizes its operations, it would be stupid not to. If there is money to save without hurting the top line revenue, why not do it!? |
Most companies in this industry don't show external signs of weakening until the very latest stages. Part of it I think is because the facade of being a big invincible company and industry leader helps with business so it is very important to keep that at all costs once you have it.
Admittedly it doesn't look now like you are in any danger of collapse at any moment but there definitely are some signs of crack in the concrete so to speak. You don't seem as financially well off as you were in say early 2011 as a company. Let's see what another six months brings. If after a year there is nothing major that happens to you guys then I will say it was all bullshit.
I remember this.
12-30-2010
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Originally Posted by signupdamnit
The product must not be pay sites then. You might be able to sell penis pills, dating and cams but your paysite conversions will have to get worse as time goes on if you are offering full scenes. I suppose you might get a lot by siphoning away traffic from paysite owners if you manage to rank higher than them for their marks on Google but I'm not sure I'd like that too much if I were them.
There was more money in the pool before you devalued the content to the point of being near worthless. It's shooting yourself in the foot since you are now an industry leader rather than some small obscure sponsor few promote. On top of that your whole business model is unsustainable.
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12-30-2010
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Originally Posted by Nathan
We should talk again in 12 months or 24 months and see how unsustainable it is...
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https://gfy.com/showpost.php?p=17809498&postcount=119
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Originally Posted by signupdamnit
I give it closer to 24 months. I think you'll always be big now but I don't think you'll be near as big 24 months from now in adult. You'll have far more competition than you do now. I think you'll try to branch off more into mainstream and seek mainstream investors. You'll make less money from actual sales from your adult properties, although you might find some people to invest in you.
Your growth seems to be slowing already. The desperate will cling to you and that'll help for a while but they'll start clinging to other saviors instead as your relative traffic falls.
[/swamie]
For all my talk I don't have anything personal against you guys and would praise you if you did a lot more to be legit. I wish you would do more to help the situation as industry leaders. I think people like you could turn it around. Just as we all could have done so 3 years ago if we acted more intelligently.
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I admit you guys made it so far. Longer than I expected. But also 24 months later we couldn't talk because I believe you were in prison at the time for tax related charges or did they let you out on home confinement by then? Anyway let's see what happens by the end of the year. Hopefully you don't end up in jail again. How is that going anyway? I never heard anything more about it.