Quote:
Originally Posted by mineistaken
Notorious for that, but not only that. And it does not matter much if ebooks sold there would be quality or "get rich quick", it matters that money is being generated there.
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My view on that (or any business) is that value matters a great deal over the long term. If it was a massive community full of useful people and useful discussions and a great place to learn specific topics then there is value there. If its just "get rich quick" schemes, which have no value then i think that fickle crowd can easily flee and go anywhere. The "get rich quick schemes" all have time limits. Just as most of the information there, has an expiration date... where sites, links, images etc are dead in most discussions.
I think forums are super tricky to run. GFY was once among the largest forums online.... let a few idiots in, ban a few of the wrong people and you totally upset the dynamics and unwittingly throw things into a tailspin... as GFY has done many times as they drove it into the ground. Of course mainstream is not the same as this industry and other factors also helped run this place into the ground.
It's hard to imagine a forum having much value (for me anyway)... or methodically increasing that value over time in what is really a fickle environment... but likely the value really depends on how the new owners intend to monetize the traffic. It might be a great deal for someone with an affiliate network or product that can benefit from that crowd.