Quote:
Originally Posted by Paul Markham
If you are the biggest porn tycoon on the planet, you're a tycoon ruling over a failing industry.
A couple of statements that don't make logical sense,
"Fabian Thylmann, the current owner of the company, whom NYMag calls "likely the biggest porn tycoon on the planet", argues that the wide availability of free online porn has created more people who would be willing to eventually pay for porn."
" Thylmann made his money (NYMag estimates he spent around $140 million to build his empire) buying up niche porn sites for a handful of cash and making them almost instantly more profitable by boosting things like search engine traffic and conversions."
We all know giving the product away doesn't encourage as many new buyers as it deters old one. And we all know you don't build $140 million in 3 years by niche sites. Unless they're major niche site and you're a genius.
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Clueless...it does not appear to be a failing industry for his company...as his company seems to be out to become the industry...by big dog eating the little dog.