How come AdultFriendFinder only sold for 500M? - Page 2 - GoFuckYourself.com

VeriSexy · 07-24-2009, 10:17 PM

Well not many companies can pony up that kind of sum

Slappin Fish · 07-24-2009, 10:22 PM

Quote:

Originally Posted by Barefootsies

Shouldn't you be busy trying to sell your crappy cookie cutter websites to an unsuspecting newb on DP instead of putting your 2 cents in threads that are over your head?

Slappin Fish · 07-24-2009, 10:28 PM

Quote:

Originally Posted by WiredGuy

It was only when the IPO documents were made public by the SEC that their financial status/health was made public. Those are the figures I'm looking at.
WG

Well read the S-1 filing again and you'll find Penthouse Media Group borrowed heavily to purchase Various Inc, FriendFinder Network now needs to pay off the resulting debt.

I a done trying to explain an LBO to you people..

AsianDivaGirlsWebDude · 07-24-2009, 11:55 PM

Friday is laundry night, right?

As I recall, the takeover of Penthouse from Guccione was somewhat suspect/disputed, and if memory serves me right, reports were that the new owners schleped in and were a part of the iBill debacle, and then they purchased Adult Friend Finder for mostly (possibly worthless) stock options (one could assume given the reported status of iBill and Penthouse at the time), and they have been fruitlessly trying to shop their operation in search of IPO funding for a long time now, even though their operation is hemorrhaging cash (if I am interpreting their financial filings correctly)...

BTW, if I am not mistaken, AFF is one of the major advertisers on sites that are inflicting major damage upon the adult biz.

Did I miss anything?

ADG

Nicky · 07-25-2009, 12:02 AM

Quote:

Originally Posted by madawgz

not anymore, gave that up awhile ago

Good. No more epass loans for u!

BusterBunny · 07-25-2009, 12:02 AM

Quote:

Originally Posted by mikeyddddd

nice i might have to find the ones i did for that chopathon and toss them in here

Quote:

Originally Posted by AsianDivaGirlsWebDude

Watching GFY is more fun than watching game shows...

ADG

BusterBunny · 07-25-2009, 12:46 AM

madawgz · 07-25-2009, 12:54 AM

Quote:

Originally Posted by BusterBunny

oh man what the fuck lol

i tried to search for them but couldnt find the old chops

BusterBunny · 07-25-2009, 12:58 AM

Quote:

Originally Posted by madawgz

oh man what the fuck lol

i tried to search for them but couldnt find the old chops

i dunno where they were either i proly deleted them i just searched my hd and reupedem...that was one of the funnest chop threads ever tho

madawgz · 07-25-2009, 01:02 AM

Quote:

Originally Posted by BusterBunny

i dunno where they were either i proly deleted them i just searched my hd and reupedem...that was one of the funnest chop threads ever tho

bring back the igloo

RayBonga · 07-25-2009, 01:16 AM

because that's the value of all their future estimated cashflows discounted at the relevant wacc

the real magoo · 07-25-2009, 01:18 AM

Various operates more than 25 networking sites and says it has a member base of more than 260 million consumers, about 1.2 million of them paying subscribers.

The combined revenue of both companies is projected to be $340 million in 2007.

http://www.nytimes.com/2007/12/12/te...penthouse.html

madawgz · 07-26-2009, 01:16 AM

Quote:

Originally Posted by the real magoo

Various operates more than 25 networking sites and says it has a member base of more than 260 million consumers, about 1.2 million of them paying subscribers.

The combined revenue of both companies is projected to be $340 million in 2007.

http://www.nytimes.com/2007/12/12/te...penthouse.html

so 500M would basically cover around 3 years of profit?

07-24-2009, 10:17 PM	#51
VeriSexy Join The Royal Family Join Date: Apr 2002 Posts: 25,463	Well not many companies can pony up that kind of sum __________________ Looking for a KICK ASS TEEN SPONSOR? Check out ROYAL CASH - THE KING OF TEEN! Incredible webmaster tools FHGs, Morphing Blog and RSS Feeds, Embedded FLV & WMV Videos. With TOP RATIO Sites like TeenStarsOnly.com - Earn $$ with our New Site & Bonus Payouts!! ATMovs.com \| iTeenVideo.com \| TeenSexMovs.com \| TeenSexMania.com

07-24-2009, 11:55 PM	#54
AsianDivaGirlsWebDude Purveyor, Fine Asian Porn Industry Role: Join Date: Jul 2004 Location: San Francisco Bay Area Posts: 38,323	Friday is laundry night, right? As I recall, the takeover of Penthouse from Guccione was somewhat suspect/disputed, and if memory serves me right, reports were that the new owners schleped in and were a part of the iBill debacle, and then they purchased Adult Friend Finder for mostly (possibly worthless) stock options (one could assume given the reported status of iBill and Penthouse at the time), and they have been fruitlessly trying to shop their operation in search of IPO funding for a long time now, even though their operation is hemorrhaging cash (if I am interpreting their financial filings correctly)... BTW, if I am not mistaken, AFF is one of the major advertisers on sites that are inflicting major damage upon the adult biz. Did I miss anything? ADG __________________ Asian Diva Girls - Exclusive Photos and Videos Asian Diva Girls Affiliate Program (50% ccBill Revshare) Last edited by AsianDivaGirlsWebDude; 07-24-2009 at 11:57 PM..

07-25-2009, 12:46 AM	#57
BusterBunny perverted justice decoy Join Date: Aug 2005 Location: unborn still in the womb connected via blackberry Posts: 19,291	__________________ my sig caught gonoherpasyphilaids and died

07-25-2009, 01:16 AM	#61
RayBonga too cool for highschool Join Date: Nov 2005 Location: East side, West side, Worldwide! Posts: 12,164	because that's the value of all their future estimated cashflows discounted at the relevant wacc

07-25-2009, 01:18 AM	#62
the real magoo So Fucking Banned Join Date: Sep 2001 Location: EU Posts: 1,637	Various operates more than 25 networking sites and says it has a member base of more than 260 million consumers, about 1.2 million of them paying subscribers. The combined revenue of both companies is projected to be $340 million in 2007. http://www.nytimes.com/2007/12/12/te...penthouse.html