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Some of you people talk like Steve is making more money than he can count. You people have a lot to learn but I'm guessing you never will.
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Retirement is so boring Steve not a goal to have buddy
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Without it you're buying content, contacts and history. Do what I'm doing Steve step back from the day to day grind and letting others run it. |
Will be interesting to see how this plays out. Ive been with lightspeed more or less since day one will be funny not to chat with him every now and then if he goes.
Coming up with a sale price would be very hard with walk in walk out deal but anything can be done. Good luck Steve and thanks for all the cash. |
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you are one of the few that can actually produce that kind of money. |
By the way Good luck with your sale Steve :)
its ahrd to find anyone willing to part with that much cash. In the adult biz ya usually have to milk it into the ground, though from what hear from some old time big programs thats not such a bad thing :) |
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Aren't we all making more money than we can count ? I thoguht thats why we are in this biz:) |
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how about $5 and juicy's right testicle. i never liked the guy anyway.
over crowded since he stopped shaving. |
Holy f*cking shit Batman.
Good luck Steve, and congrats :thumbsup |
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:) yeah cuzz in order to have 20 mil in the bank you have to have made 35 mil before tax... and do you really wanna give all that money away.. or could you just build whatever ya want for 20 mil :) or even 10 mil. I know I spent 2 years thinking on this one myself. |
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U sir drive a hard bargain |
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I think he found Jesus...
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i can hear program owners panting right now imagining what kind of value there is in washing their cb rates downward with a pile of rebills. preservation is only one part of this possible offer that is a sexy politics of fear way to get multiple offers. there are a lot of folks out there who are sitting on plenty of capital and are sick of funding all the douches in mainstream who do not make money and never will.
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Best of luck Steve, although I would be surprised to see someone in adult pay more than 6mo-2 years, when a "business" in general can be a much longer period of revenue.
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100 sites for sale..
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wont happen..you wont get anywhere near its value in cash..
too many variables even for a new owner..better to just hire a manager and outsource your posting to iwebmasters.. |
Last time I talked to the type of people who would be serious buyers you were lookign at one year of gross as long as your expenses weren't outlandish, and this was 2 years ago or so if I remember right. Putting someone who produces their own content at 10-11 months due to expenses.. However he does have a great deal of equity in the content as it is unique.. I would venture a guess of 15-18 months of net revenue.
Then you have to consider the fact that the head of the company isn't there any more - It would be like Bill Gates selling Microsoft and not having any further involvement, you better have someone awfully damn relentless to take that place with more business savvy than the prior owner. Should be interesting, GL with everything Steve.... There are companies out there that will buy w/o a doubt but I don't think you'll like the figures you see whne it comes down to the nitty gritty. |
Have you spoken with Gary Kremen about this yet? :)
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I commend Steve for being honest. His stuff has been front-running for years.
If you retire, are you going to move to Sun City? |
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There is always a price for every company... :-)
Steve is a true businessman and i am sure he has a solid company! |
So this is real ?
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Can I sell Adult.com too?
Any takers? |
I buys companies :thumbsup
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Steve,
You have built up a great "brand" with lightspeed :) I am sure you will get some nice offers. |
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Go public with the compagny ... manage it for 2-3 years and slowly sell your shares.
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Steve, I wonder if you only plan on selling the entire lightspeed program as a whole, or would sell off some of your sites individually as well, if the offer was right.
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evan is always on top of shit... i wish i had 1/8th of his skillz
im a secret evan admirer |
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i will buy it for $1,321.54 mail me if interested :winkwink: |
how did i do on the adult.com sale, evan?
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How about you guys just trade for awhile :thumbsup |
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