V7N Is Up For Sale!!!!

Discussion in 'General Business' started by gotlinks, Feb 20, 2008.

  1. DharmaSeo

    DharmaSeo Peon

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    #41
    considering the niche, forum posts, traffic , it cud sell for more
     
    DharmaSeo, Feb 23, 2008 IP
  2. bogart

    bogart Notable Member

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    #42
    It's a tough one due to most of the revenue is from banner sales which require a sales staff. A good salesman is worth 100k or more + bonuses.
     
    bogart, Feb 23, 2008 IP
  3. KingofKings

    KingofKings Banned

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    #43
    I think that this site value is the forum, not how much it makes monthly.
    I think it's worth the 500k.
     
    KingofKings, Feb 23, 2008 IP
  4. bogart

    bogart Notable Member

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    #44
    You don't see anyone rushing in to BIN it do you?
     
    bogart, Feb 23, 2008 IP
  5. mightyb

    mightyb Banned

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    #45
    Does he accept paypal? lmao
     
    mightyb, Feb 23, 2008 IP
  6. bogart

    bogart Notable Member

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    #46
    You thinking about a chargeback :D
     
    bogart, Feb 23, 2008 IP
  7. Emperor

    Emperor Guest

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    #47
    I see many people stating the price is cheap but I don't see them justifying their opinions with any facts. In the real world 500k is a lot of money and people investing that kind of capital generally want some reassurances that their money is being well invested.

    If you tell me:

    - v7n is a great forum and the right person could maybe breath life into it
    - The information contained in that forum is worth a lot
    - The web would loose out if v7n closed down

    I agree and think that has a price. But since money is money and what we are all interested in is the financial gain I have to say that that price is not 500k. Even if the site was earning 30K per month I would think twice about buying a forum. The market is already to saturated and the number of things that could go wrong are endless.
     
    Emperor, Feb 23, 2008 IP
    JohnScott likes this.
  8. mightyb

    mightyb Banned

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    #48
    Just thinking about how much paypal would charge for this transaction :)
     
    mightyb, Feb 23, 2008 IP
  9. bogart

    bogart Notable Member

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    #49
    The anticipated revenue is 10k a month and I'm really thinking you will need 20k to break even. That's to pay the staff and for the bandwidth etc

    Was it mentioned of the hardware is included and if so the details of the hardware?
     
    bogart, Feb 23, 2008 IP
  10. Emperor

    Emperor Guest

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    #50
    I don't think hardware is included but then again I could be wrong. From what I gather they have more sites and the v7n network of sites is just a part of their business.

    I'm no professional but I think the hardware should be that expensive.
     
    Emperor, Feb 23, 2008 IP
  11. Num Lock

    Num Lock Active Member

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    #51
    I don't get why a site making this much would want to sell it, I mean pay someone else to handle it, you won't have to do anything and you still make a lot of money.
     
    Num Lock, Feb 23, 2008 IP
  12. KingofKings

    KingofKings Banned

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    #52
    500K is not little amount, it takes time to decide to spend that kind of money. Even if you are buying something good, or making a big investment.
    If I had that money on the side, surely I will think about it.
     
    KingofKings, Feb 23, 2008 IP
  13. Emperor

    Emperor Guest

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    #53
    I think a good reason is that fact that earnings are dropping :rolleyes: No one making 40k on a site neglects to take care of it. It's just to much money.
     
    Emperor, Feb 23, 2008 IP
  14. NewTier

    NewTier Notable Member

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  15. mightyb

    mightyb Banned

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    #55
    mightyb, Feb 23, 2008 IP
  16. Shazz

    Shazz Prominent Member

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    #56
    Never knew they average 30 members online if that
     
    Shazz, Feb 23, 2008 IP
  17. mikey1090

    mikey1090 Moderator Staff

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    #57
    3.9% on all fees. $20k roughly, maybe more. ppcalc.com is your friend :D
     
    mikey1090, Feb 23, 2008 IP
  18. Shazz

    Shazz Prominent Member

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    #58
    I highly doubt it will get sold for $400,000
     
    Shazz, Feb 23, 2008 IP
  19. mikey1090

    mikey1090 Moderator Staff

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    #59
    There is loads of threads for this. 1 other in GC, 1 in directories and 1 in BST.
     
    mikey1090, Feb 23, 2008 IP
  20. Shazz

    Shazz Prominent Member

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    #60
    Its that big of news :eek:
    made the wall street journal
     
    Shazz, Feb 23, 2008 IP