Interesting article spotted today Clickfind, a private Australian search engine and business directory, plans to sell 39% of the company later this year http://www.itwire.com/content/view/16737/1064/ Initial possible ballpark valuation of between AUD 5m (USD 4.5m) and AUD 10m (USD 9m) Comments :-
Great to see that as expected in an expanding, and gradually maturing market the exit values are starting to realise good returns
This is what people don't realize, with a lot of hard work and investment in the right angles you can make a massive amount of money in a short space of time. If these guys are asking that much with a userbase of 65k @ $20 a month, that figure isn't unattainable by any stretch of the imagination so there might just be a few .com multi millionaires that have come through the doors of DP. in time to come if not already.
I can't find the reason clickfind is so valuable. It may be overvalued. Nothing special in idea, but this is not so necessary as simple make things beautiful. But really can't believe they have such a big number of real members. If you look at their Alexa it is over 500K. This means they must have less than 100 visitors daily. Maybe even less than 50. And their traffic was close to NULL few months ago. From my point of view, numbers: - 5% of the market - 65,000 subscribers are not to be believed. I made some calculation... for about 18K of unique visits 65K subscribers! A miracle? So personally I do not believe it at all. For me it's a kind of game....game for naives... And I wouldn't excite those $$$ or AUD so much, as it all may be just a myth. People do like to read&write fairy tales oh, just think yourself - D.
It maybe overvalued (i am not qualified to express so, as I do not have all the facts) But they are doing a top job in marketing
Yeah, marketing for naives Most important is it may work. As you could notice I love to calculate, so I made another simple calculation and it shows there is much more naives than the rest. Maybe even 90% Really BIG MARKET! worth marketing...
I didn't believe it at first but if you look at the subscriber base (and if they were going to sell shares they'd have to prove it) this is nothing about hits or traffic, it's about how much goes into the bank each month on a recurring basis, whether these subscribers are on a tied contract etc etc. 65,000 x $20 x 12 = 15.6 million per year turnover. That's a hell of a lot of money and is the reason this company is worth more than what they're actually expecting if you calculate growth into this. Just because directory owners on here probably only earn maybe $30 a day at a push, doesn't mean this one is. I agree that there's nothing at all special with what they offer, but that's not what counts, it's the fact they do offer it and the fact people are using them. You would be the naive one if you never believed them.
what do you guys want! they are trying to get investors. many of you know better than me that you need to bullshit a lot to sell something.
You clearly haven't been in REAL business then aspidov? A company that is offering a share for this level would have to provide facts not fiction. Just because the majority of people here "bullshit" and exagerate their directories true value doesn't mean everyone does.