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Site makes 100,000 in sales , sold for just 47K ??

Discussion in 'General Chat' started by GUESTID, Jul 10, 2008.

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  1. #1
    I was amazed to see a user who posted that his site was making 100,000 in sales .
    However in this thread http://forums.digitalpoint.com/showthread.php?t=883031 he claimed that he sold it for just 47,000 .

    Now its a known fact that the least amount a site is sold for is one year's earnings . But that only applies for sites with small earnings.

    As you see a site making that enough and would be sold between a possible 2-3 times of what it already makes in a year.

    It makes no sense to sell it for a lower amount .

    Soon after the sales , he has created a thread to teach people how to make money .
    Now that seems to be a nice FAKE strategy.
     
    GUESTID, Jul 10, 2008 IP
    wisdomtool likes this.
  2. wisdomtool

    wisdomtool Moderator Staff

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    #2
    It is Caveat Emptor on the Internet, lots of such cases. Buyers and sellers need to exercise common sense.
     
    wisdomtool, Jul 11, 2008 IP
    GUESTID likes this.