Quote:
Originally posted by SleazyDream
how is my logic flawed if you know the traffic sourses? It's possible and likly many people out there could make a lot more with the same site advertising/selling different things than are currently being sold on there. Personally I buy sites all the time that don't make money - and I make money from them. I know the traffic sources before I buy though. I'd buy pichunter if I hadn't already bought 2 large sites this year and have more work than I can currently handle. Personally I think it's a good deal for the price he's offering.
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The arguments are are so numerous I don't even know where to begin. Since you "know" of these traffic soruces, what is your contingency plan for one or several of these sources is no longer available? My point is, the TGP model is so easily broken, and so easily replicated, how can one justify the expense based on anything but concrete financials? His current business model does not appear to include paid submissions and the like, so how can you honestly forecast the earning potentional? On a hunch?
In summary, when one is considering an acquisition of any asset, whether it be a .com property or a traditional brick and mortar business, financial data and a sound business plan are key. If you want to be a wildcatter and purlely make speculative moves, I suspect you may be on the road to financial distress.