Quote:
Originally Posted by AmateurWealth
Jay.....you may have a tough time with the mentality on this board....mostly by folks who dont own a program and think how easy it is to start one up and be competitive.....it is truly laughable.....anyone who really knows the biz knows buying an existing programs...especially one 2-3 years old with a track record is the way to go......i love the thinking that if you just have the $$ to spend you will be successful.....no skill required.....sorta what got this industry to where it is at this point...
they just make predictions based on theorys and what ifs.......yes Paul I am talking about you....
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I love the fact that people on the board thinking Google is an idiot for spending 1.6B on youTube, I mean do these guys know how much work that goes on before a M&A is done, are all those people who went to MIT and Harvard and got their PhDs and MBA stupid ?
When the team I was with bought Sex.com we got the same story from some people on this board, but look who is laughing all the way to the bank !!
Jay