Art.com fucked up hard!

Collapse
X
Collapse
 
  • Page of 1
  • Time
  • Show
Clear All
new posts
Previous template Next
  • sortie
    Confirmed User
    • Mar 2007
    • 7771
    #1

    Art.com fucked up hard!

    At least this link says so :

    http://www.secinfo.com/d11e4c.4Fanw.htm

    Are they making any money these days?
    Tags: None
    • AlienQ - BANNED FOR LIFE
      best designer on GFY
      • Mar 2003
      • 30307
      #2
      Umm, no the company basically turned into a write off to the tune of almost 175 Million dollars.

      Basically someone got rich but it was not the investors LOL!
      Another historical DOT scam.

        Comment

        • sortie
          Confirmed User
          • Mar 2007
          • 7771
          #3
          Originally posted by AlienQ
          Umm, no the company basically turned into a write off to the tune of almost 175 Million dollars.

          Basically someone got rich but it was not the investors LOL!
          Another historical DOT scam.
          The web site was the most boring thing I ever saw with that much investment so serves them right to belly up.

          Damn, they didn't even have the sense to write articles about art and or even let the artist themselves write something cool.

            Comment

            • RayBonga
              too cool for highschool
              • Nov 2005
              • 12164
              #4
              Is it just me or is that filling from 2001?
              Last edited by RayBonga; 02-03-2008, 01:13 PM.

                Comment

                • woj
                  <&(©¿©)&>
                  • Jul 2002
                  • 47880
                  #5
                  They bought it during the dot com craze in 1999, overpaid quite a bit for it... They basically paid 100M+ for a good domain, and a website that wasn't making any profit...
                  Last edited by woj; 02-03-2008, 01:22 PM.
                  Custom Software Development, email: woj#at#wojfun#.#com to discuss details or skype: wojl2000 or gchat: wojfun or telegram: wojl2000
                  Affiliate program tools: Hosted Galleries Manager Banner Manager Video Manager
                  Wordpress Affiliate Plugin Pic/Movie of the Day Fansign Generator Zip Manager

                    Comment

                    • sortie
                      Confirmed User
                      • Mar 2007
                      • 7771
                      #6
                      Originally posted by RayBonga
                      Is it just me or is that filling from 2001?
                      I's just you. Everyone else read the original post and understood the context of the link.

                        Comment

                        • sortie
                          Confirmed User
                          • Mar 2007
                          • 7771
                          #7
                          Originally posted by woj
                          They bought it during the dot com craze in 1999, overpaid quite a bit for it... They basically paid 100M+ for a good domain, and a website that wasn't making any profit...
                          The website is nothing but a shopping cart script.

                          They poured all the money in but not an ounce of creativity.

                            Comment

                            • ianlester
                              Confirmed User
                              • Sep 2007
                              • 207
                              #8
                              that's a crazy amount of money to spend on a domain name... they would have been better off getting an unregistered domain and spending the 100+ mil branding the site.
                              Adnium - CPMv Adnetwork

                                Comment

                                • Klen
                                  • Aug 2006
                                  • 32234
                                  #9
                                  Originally posted by ianlester
                                  that's a crazy amount of money to spend on a domain name... they would have been better off getting an unregistered domain and spending the 100+ mil branding the site.
                                  This is way i dont belive in domain real estate

                                    Comment

                                    • Wolfy
                                      Confirmed User
                                      • Dec 2003
                                      • 3574
                                      #10
                                      Originally posted by KlenTelaris
                                      This is way i dont belive in domain real estate
                                      see sig :D

                                        Comment

                                        • sortie
                                          Confirmed User
                                          • Mar 2007
                                          • 7771
                                          #11
                                          Originally posted by ianlester
                                          that's a crazy amount of money to spend on a domain name... they would have been better off getting an unregistered domain and spending the 100+ mil branding the site.
                                          Sorry, but they would have had the same results because the website is bullshit.
                                          That site had all the traffic in the world when it started.

                                          Buying the domain was the only thing they did right.
                                          They paid too much for the domain but these were the prices that names were going for at the time.

                                            Comment

                                            • Drake
                                              Hello world!
                                              • Mar 2003
                                              • 12508
                                              #12
                                              Originally posted by ianlester
                                              that's a crazy amount of money to spend on a domain name... they would have been better off getting an unregistered domain and spending the 100+ mil branding the site.
                                              That's the way things were done during the dot com craze.

                                                Comment

                                                Previous template Next
                                                Working...