09-26-2004, 08:27 PM
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Entrepreneur
Join Date: Oct 2002
Location: USA
Posts: 31,429
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Quote:
Originally posted by Taboo
KRL, don't waste your time feeding the trolls. If they doubt you, let them... because they have no impact on the future of Men.com... and no piece of the pie. perhaps that's why some of them hate.
What many of you fail to understand is the full potential of this domain. You're wasting time wondering if he really bought it or not. Who cares? If it's under his control and he has exclusive rights to market, develop and license it... that is an amazing and unprecedented accomplishment. Do you think he's worried about immediately recouping his investment? Perhaps he's thinking LONG-TERM... 5, 10 years down the road. Even though KRL chose to develop Men.com, he could (and maybe already did) sell slices to investors and/or get funding from VC & Angels in a heartbeat. The domain has international appeal and marketability. The day he decides to launch the final product, he will most-likely receive plenty of free publicity world wide from every newswire service and news network.
If the site doesn't live up to his personal expectations (that's all that really matters) he could always flip the domain to many companies, i.e. Felix Dennis (Maxim,Stuff,Blender) who plans to launch a new TV channel called:
Maxim Entertainment Network aka MEN.
But why would he waste time just simply selling a domain of that caliber... when you can add some meat to the bones and find a large suitor to acquire your company... or pursue other liquidity events, i.e. IPO. I believe he knows what he is doing and those that can not comprehend it also have no concept of mulit-million dollar paydays. He's not looking to cash out for 7 figures, if I were him I'd be waiting for a 8-9 figure exit strategy. I don't think he's trying to be a "Player", with a business like Men.com, he can reach Tycoon status in a relatively short time.
KRL can put Men.com on his business card, what can you haters put on yours?
nuff said. good night.
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Thanks very much for your post Taboo! Deeply appreciated!!!
And right on the money! 
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