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Teenager turns down £8.5million to sell his website

Discussion in 'General Chat' started by Claudek, Mar 15, 2007.

  1. Roman

    Roman Buffalo Tamer™

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    #61
    IMHO he's thinking from his heart not his head and we all know what happens when you let other body parts do your thinking;)
     
    Roman, Mar 15, 2007 IP
  2. cashmaxim

    cashmaxim Peon

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    #62
    by not selling the site.....he did the right job i think
     
    cashmaxim, Mar 15, 2007 IP
  3. Coolalex

    Coolalex Banned

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    #63
    I would sell it in a heartbeat haha.
     
    Coolalex, Mar 15, 2007 IP
  4. mad4

    mad4 Peon

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    #64
    The hardest type of site to make successful is a search engine. The second hardest is a general news website.

    This guy has created a news site that is a success and some companies will pay a lot for that.

    Why would a big company spend £100 million marketing a new site when they can buy a ready made success?
     
    mad4, Mar 15, 2007 IP
  5. [x[x]x]

    [x[x]x] Peon

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    #65
    How can you turn down 8.5 MILLION ????

    I would have sold it straight away :D *all that money*

    maybe he thinks he's gonna get a bigger offer in the future...
     
    [x[x]x], Mar 15, 2007 IP
  6. qwestcommunications

    qwestcommunications Notable Member

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    #66
    I would probably sell it only because I don't think its a great site. If it was a great site, I would keep it, but I don;t think its all that good after having been on it for a while. It has the feel of a blog with the stories not being very detailes or anything.

    Also, remember, this paper, The Sun, is absolute trash so I wouldn't exactly believe everyhthing they write. Who knows? maybe he wasn't offered all that much in the first place.
     
    qwestcommunications, Mar 15, 2007 IP
  7. ash1

    ash1 Active Member

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    #67
    wtf?? 2500 a month but someone willing to buy for 15million US>?
    that doesnt make any sense

    what a gay kid...i never even heard of the site
     
    ash1, Mar 15, 2007 IP
  8. ash1

    ash1 Active Member

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    #68
    also why is the PR 0 >?? and it has such a useless domain name

    and the forum has less ppl than i have and my forums are only a few months old

    this article is so fake
     
    ash1, Mar 15, 2007 IP
  9. bad_bob00

    bad_bob00 Active Member

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    #69
    I'm on the site but I don't really see all the fuss? I don't see any amazing content or anything, or am I missing something?

    If he gets around £2,500 a month from however many thousand visitors, surely he needs to change his advertising scheme? At the moment he's making £80 a day from it, which is fair but surely if someones offered you 7million for the site then it must be earning you more than £80 a day?

    I would sell straight away because I don't see the fascination with the site. Then I would hire all the old people working for him and start from scratch :)


    EDIT: Also, why does the title of the article say that he turned down £8.5 million to sell his website, and then go on to say that he could walk away with £4 million? The Sun is notorious for writing b*llocks, plus the link to the site from the article is incorrect.
     
    bad_bob00, Mar 15, 2007 IP
  10. mad4

    mad4 Peon

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    #70
    mad4, Mar 15, 2007 IP
  11. KingofKings

    KingofKings Banned

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    #71
    This guy is crazy.... sell it and make something 100000 times better. :D
     
    KingofKings, Mar 15, 2007 IP
  12. Coolalex

    Coolalex Banned

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    #72
    To put it simply he is a moron.

    The site has NO alexa rank, Pagerank 2 , less than 300 backlinks.

    LOL!
     
    Coolalex, Mar 15, 2007 IP
  13. checksum

    checksum Notable Member

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    #73
    He wouldn't sell this site for 8.5M?!

    Idiot!
     
    checksum, Mar 15, 2007 IP
  14. Coolalex

    Coolalex Banned

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    #74
    LOL Sure sounds like he would make 2500 from that!
     
    Coolalex, Mar 15, 2007 IP
  15. mightyb

    mightyb Banned

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    #75
    I would have never thought its worth so much just by looking at the website. Even the forums seem dead.
     
    mightyb, Mar 15, 2007 IP
  16. Dev0115

    Dev0115 Peon

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    #76
    I would've took the money, some crazy stuff.
     
    Dev0115, Mar 15, 2007 IP
  17. Mr Wonderful

    Mr Wonderful Banned

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    #77
    I am sure there might be a logical reason why he said no. Publicity PLUS Viral Interest would put a value more than 8 million now.

    Although the site looks fairly basic, he can use this publicity to his advantage. I think he has had good advice from someone who has said not to rush into things..!

    If I was him though I would have took the money.
     
    Mr Wonderful, Mar 15, 2007 IP
  18. cooktike

    cooktike Peon

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    #78
    quite an amazing story. and hes still 17...
     
    cooktike, Mar 15, 2007 IP
  19. bested

    bested Active Member

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    #79
    8.5 mil... and in euros?!

    dam dude, 2.5k a month won't get you that much in a lifetime...

    screw the sentiment and attachment that you've been developing for 5 years... take the money and hire some ho's geek!

    lol... but I'm a geek too I guess, so as you all should know, I'm just kidding around

    but yes, I would take the money
     
    bested, Mar 15, 2007 IP
  20. Brilliances

    Brilliances Active Member

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    #80
    this is worst than Friendster not selling when they had the chance. I can even make out what makes his site so valuable. sheez.
     
    Brilliances, Mar 15, 2007 IP