Glad to hear John's gone! Man did he have an interesting way of running things, like attacking users and banning people just for fun. And if you dared to say anything against him you were gone faster you could blink. As for the sales price, I think it was quite fair considering the business didn't have a solid income but only streams of smaller incomes. It's very difficult to evaluate the real value of a business like that, especially in this kind of state of the economy where most investors don't want to take too big risks.
wow, v7n is sold? it seems i was gone here for years lol! i didn't know this until i read this thread.
I think John ran a great forum. I think they will add revenue sharing. Sounds Like another $8.oo per month for me.
First of all, congrats to John , for the very lively forums he've built , I also have membership there . I wonder if I can do just one percent of that !
The new owner was that eager right? But it was just fine as long as it will double his cost I think that is just fine to him. That forum is really good Congratulations John!
Wow. The BIN was really low. Imagine, he earned 400k+ in the year 2007. And he is selling this for only 200k+? Oh no. Well, that is his choice. Lucky for the new owner.