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Old 08-15-2007, 07:21 AM  
Shap
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Join Date: May 2001
Posts: 8,313
Quote:
Originally Posted by LaserSpec View Post
Yup, when I saw that my first thoughts were, Wow that's low... so "someone" must've been hurting badly ...
Honestly, almost hard to believe it sold for that low... Alabanza was pretty big so a couple million to them off that $15.5... leaves you with only about $10M~+ for Jupiter? Ouch...
I'm curious as to how $10million = ouch? I've never run a hosting company but from the owners I've talked to (Ray included) it doesn't sound like a fun time. if someone walks up and cuts you a check for $10,000,000 that's some serious coin. Ray will never have to work another day in his life. I don't get how $10,000,000 for a hosting company is low. Most hosting companies sell when they are about to go under and get nothing for them. Ray was smart and cashed out.

Congrats Ray!
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