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V7N Finally Sold for 1/2 amount

Discussion in 'General Business' started by lpstong, Jun 15, 2008.

  1. #1
    This is just an update of a previous thread of John Scott selling V7N and almost everything associated with it.

    Original price was set at $500,000 and it just sold for $220,000 at sitepoint about a little under a week ago. Tsk, Tsk, such a shame at the price. Either way...... Money in Jason's pocket to pursue his Philosophy degree. Congrats
     
    lpstong, Jun 15, 2008 IP
  2. myadsense

    myadsense Peon

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    #2
    I hope the new owner will run the forum successfully..$220,000.00 is little bit low for V7N
     
    myadsense, Jun 15, 2008 IP
  3. InternetG33k

    InternetG33k Banned

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    #3
    Wow thats low for v7n
     
    InternetG33k, Jun 15, 2008 IP
  4. You

    You Banned

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    #4
    It's not much for v7n, but there's something I never liked about them.

    Well, not the actual site, but the forums. They're like, dead.

    I don't know if it's me, but they're just so slow...
     
    You, Jun 15, 2008 IP
  5. alinaseductive

    alinaseductive Guest

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    #5
    pretty amazing and at last the forum being sold !!
     
    alinaseductive, Jun 15, 2008 IP
  6. Ikaruga

    Ikaruga Active Member

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    #6
    Sweet deal. I hope things at V7N pick up.
     
    Ikaruga, Jun 15, 2008 IP
  7. Dollar

    Dollar Active Member

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    #7
    Yes I Posted there a bit, but I found there rules to be too much. I kept getting warned about stupid things and just stop posting there.
     
    Dollar, Jun 15, 2008 IP
  8. Freewebspace

    Freewebspace Notable Member

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    #8
    Rules to be much?

    the only thing is they do n't allow more than two signature links other than that the forum is a good one ,

    the only thing I disliked about them is their design....
     
    Freewebspace, Jun 15, 2008 IP
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  9. bobchrist

    bobchrist Active Member

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    #9
    I think that it is almost good deal since the time and efforts required to accelerate a forum after reaching to its maturity level cost higher. :)
     
    bobchrist, Jun 16, 2008 IP
  10. dcristo

    dcristo Illustrious Member

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    #10
    You could say it was sold at half the price, or you could say the initial asking price was optimistic :)
     
    dcristo, Jun 16, 2008 IP
  11. lpstong

    lpstong Notable Member

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    #11
    True, very True. He sold it more than half off. Either way I knew he had a lot of trouble trying to sell it though. People wanted to do a payment plan when he was selling it at $500,000 and he said he wanted it all in one lump sum. I guess a reality shock though that not everyone has that much in their pockets unless one really is a big business where they can turn over a half mil right on the dime.

    I wonder why he didnt attrack real business's to buy out his site. I know that at 220k still is a large sum. But something is to say about his website and what major or small businesss would want to buy. And why not expand out to other business's otuside the webmaster world. I guess it didnt really cater to much to the business world possibly......
     
    lpstong, Jun 16, 2008 IP
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  12. vlerian

    vlerian Well-Known Member

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    #12
    still a good deal of money
    hope the new owner will make v7n better
     
    vlerian, Jun 16, 2008 IP
  13. OliverG

    OliverG Active Member

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    #13
    It's a real pity - such an undervalued asset. Great buy for whoever splashed out on it though, should make a tidy profit on that one.
     
    OliverG, Jun 16, 2008 IP
  14. Zero

    Zero Peon

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    #14
    wow: That's not a lot of money for v7n, but still great.
    Interested to see the new owner of it... :)
     
    Zero, Jun 16, 2008 IP
  15. FOX LORE

    FOX LORE Notable Member

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    #15
    That is a large sum, if he invest it wisely he could double or triple that money.
     
    FOX LORE, Jun 16, 2008 IP
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  16. bbrian017

    bbrian017 Well-Known Member

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    #16
    oh I hated the owner of this place ... good and I'm glad he's gone! Lets hope he does nothing else online as well!
     
    bbrian017, Jun 16, 2008 IP
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  17. willyboy104

    willyboy104 Active Member

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    #17
    Hmm seems a low price taking in to consideration his profits, but hey. Hmm that went for $220,000 how much would DP go for.... :cool:
     
    willyboy104, Jun 16, 2008 IP
  18. EGS

    EGS Notable Member

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    #18
    The only problem with v7n forums is their memberbase.
    Staff are being paid to post and they have insanely high post counts...it makes a regular user not feel as in as everybody else.

    Most other users are complete n00bs who just spam etc...
     
    EGS, Jun 16, 2008 IP
  19. snakeair

    snakeair Notable Member

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    #19
    Congrats to John on the sale. I'm a member there also but have around 10 post's. Just felt out of place there with the staff posting a lot. Perhaps the new owner in the next few week's will change a few things around to make V7N even better. The main thing i'd like to see improved is the whole forum.
     
    snakeair, Jun 16, 2008 IP
  20. yogesh sarkar

    yogesh sarkar Well-Known Member

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    #20
    I did register there and don’t really remember if I posted anything or not, but really didn’t feel as attached or welcomed there as I do on DP.
     
    yogesh sarkar, Jun 16, 2008 IP
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