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Old 06-15-2003, 09:21 PM  
rowan
Too lazy to set a custom title
 
Join Date: Mar 2002
Location: Australia
Posts: 17,393
I had a $10k offer a couple of years ago for a mixed free/paysite with about 100 paying members and 7k daily freeloaders. The guy making the offer was not interested in retaining the members and he was going to be paying $1k a month in hosting. Seemed like madness to me, but I believe he was genuinely interested in buying as we had extensive correspondence for months on the matter and we were finalising the escrow details. Then 9/11 came around and he lost a lot of money on the stock market, so his offer dropped significantly. Eventually it fell through and we lost contact.

A few months later I started using some real sponsors and making some real money, and now that site accounts for about 75% of my income. I'm really glad I didn't sell - that $10k is small in comparison to its long term value since...
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