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Old 05-11-2005, 10:54 PM   #101
makefuckingmoney
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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..
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Old 05-11-2005, 11:20 PM   #102
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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.
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Old 05-11-2005, 11:33 PM   #103
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Have you spoken with Gary Kremen about this yet?
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Old 05-11-2005, 11:33 PM   #104
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I'll put my 2 cents that nobody has the actual cash to pay what Steve wants for it.
I know someone who does.. but i doubt he would be interested in buying..
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Old 05-11-2005, 11:33 PM   #105
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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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Old 05-11-2005, 11:34 PM   #106
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Have you spoken with Gary Kremen about this yet?
Have you ever thought of something stupid that you DIDN'T post on GFY? Last I heard, Gary still can't afford to furnish his house.
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Old 05-11-2005, 11:35 PM   #107
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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?
Yeah, I always wanted to drive around one of those little golf carts, but not to play golf...
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Old 05-11-2005, 11:36 PM   #108
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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!
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Old 05-11-2005, 11:40 PM   #109
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So this is real ?
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Old 05-11-2005, 11:42 PM   #110
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Can I sell Adult.com too?

Any takers?
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Old 05-11-2005, 11:44 PM   #111
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I buys companies
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Old 05-11-2005, 11:44 PM   #112
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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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Old 05-11-2005, 11:44 PM   #113
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Originally Posted by Lensman
Can I sell Adult.com too?

Any takers?
Let me manage it.
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Old 05-11-2005, 11:47 PM   #114
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Can I sell Adult.com too?

Any takers?
do you take paypal?
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Old 05-11-2005, 11:50 PM   #115
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Go public with the compagny ... manage it for 2-3 years and slowly sell your shares.
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Old 05-11-2005, 11:52 PM   #116
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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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Old 05-11-2005, 11:52 PM   #117
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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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Old 05-11-2005, 11:53 PM   #118
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Quote:
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Can I sell Adult.com too?

Any takers?

i will buy it for $1,321.54

mail me if interested















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Old 05-11-2005, 11:53 PM   #119
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how did i do on the adult.com sale, evan?
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Old 05-11-2005, 11:59 PM   #120
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Can I sell Adult.com too?

Any takers?

How about you guys just trade for awhile
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Old 05-12-2005, 12:00 AM   #121
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how did i do on the adult.com sale, evan?
i give it 2 dombuyerish offer's thumb's up's
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Old 05-12-2005, 12:03 AM   #122
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So if someone offered $20,000,000 would you sell it? Seriously?
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Old 05-12-2005, 12:07 AM   #123
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i'll buy Taylor Little off of ya
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Old 05-12-2005, 12:13 AM   #124
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By the way, this is in NO WAY a sign of trouble at Lightspeed. There are two places to get out of this business, on top or on the bottom. Lightspeedcash is currently having its strongest year EVER, and we have several new projects in the wings that will propel us even further.

Lightspeed is a team of loyal people, and a legion of great affiliates. It will always be "Lightspeed" even without my involvement.

Steve Lightspeed
Stop fucking around But it must feel good to get so much of a good response. You will never sell. you worked to hard to get rid of a successfull company.

But it's happened people cash out and move on starting other ventures with there name and knowledge with a industry. My
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Old 05-12-2005, 12:15 AM   #125
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So if someone offered $20,000,000 would you sell it? Seriously?
I am sure he would without thinking twince, that would be one sucker for an investor..
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Old 05-12-2005, 12:20 AM   #126
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So if someone offered $20,000,000 would you sell it? Seriously?

sex.com is a much better name and it went for 9mil many moons ago... albeit a notional sale to another of cohen's entities...
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Old 05-12-2005, 12:22 AM   #127
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Well first of all if Steve did sell I doubt anyone would hear about it for quite some time. Part of the deal would probably be him staying on for a year to make sure the ship is on the right path, then one day he would just come out and say.

"Hey I sold Lightspeed a year ago and everything has been operating fine and dandy under the new ownership/management so see ya later".

That way the affiliates that make a large part of the traffic equation would not be running for the hills as soon as Steve said he is leaving Lightspeed and some new company is coming in.

Steve runs an incredible company but I think it could still operate and be profitable without him. He's got a good team there and a solid base of traffic from type-ins, SE and affiliates... Fuck I bet even without the affiliates the traffic base is so large you would still make a killing.

Anyways just rambling on here, good luck with the sale Steve. If I could afford it I would buy you out

DH
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Old 05-12-2005, 01:33 AM   #128
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I'm quite sure Steve isn't really interested in sell LSC...lol
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Old 05-12-2005, 04:11 AM   #129
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It's going to be interesting to see this happen more often in the next 10 years. The internet is still so young. There will come a time when many established program owners want out... to retire. Will most pass it onto their kids, hire management to run it, or sell.
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Old 05-12-2005, 04:43 AM   #130
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Yeah, I always wanted to drive around one of those little golf carts, but not to play golf...

hahaha... same here... always wanted to just drive around in one


... thought i was the only one..
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Old 05-12-2005, 04:45 AM   #131
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The successful adult webmasters are all notoriously tight wad bargain hunters. I haven't met one yet that will pay premium prices, and most won't even pay wholesale. Everyone wants a steal.

You're much better off doing a reverse IPO Steve and toss it into a publicly traded shell and then pump and dump the stock for a couple years. You'll make a shit load more that way.
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Old 05-12-2005, 04:46 AM   #132
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good deal
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Old 05-12-2005, 04:53 AM   #133
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I'll put my 2 cents that nobody has the actual cash to pay what Steve wants for it.
ummmm, u think no one has the cash? no one?
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Old 05-12-2005, 05:08 AM   #134
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Hey steve my friend, even if you sell lightspeed, you better still come to the shows

all the best,
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Old 05-12-2005, 07:59 AM   #135
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ive got 5 on it
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want to buy this spot for cheap? it is of course for sale. long term deals are always the best bet. brand0n/ at/ a o l dot commies.
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Old 05-12-2005, 08:09 AM   #136
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hit me up when u get a chance steve

118156620
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Old 05-12-2005, 08:32 AM   #137
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Dude thats HUGE! Good luck with it
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Old 05-12-2005, 08:32 AM   #138
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5 Million is shit. THe man wants to retire.

I cant even but a number on it. Its a brand. Lightspeed is a brand, his models are branded.

5 million is shit?

5 million at 6% return (which is a no brainer) is 300k per year.

I'll take that all day long.
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Old 05-12-2005, 10:37 AM   #139
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I'll take Sweetums!
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Old 05-12-2005, 10:44 AM   #140
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5 million is shit?

5 million at 6% return (which is a no brainer) is 300k per year.

I'll take that all day long.
People still hope for (high) single-digit annual yield? Anything below 15% means you're doing something wrong
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Old 05-12-2005, 10:46 AM   #141
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ack, does this mean we will need to change link codes again?

otherwise, good luck.
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Old 05-12-2005, 10:52 AM   #142
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What are you guys talking about numbers when you don't know his numbers. He could have a profit of 500k a year or 3 mill a year. It is all about the profit - or the ability to reduce costs by integrating his product into an already existing company.

***
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Old 05-12-2005, 10:58 AM   #143
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What are you guys talking about numbers when you don't know his numbers. He could have a profit of 500k a year or 3 mill a year. It is all about the profit - or the ability to reduce costs by integrating his product into an already existing company.

***
I was gonna say the exact same thing.
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Old 05-12-2005, 11:00 AM   #144
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5 million is shit?

5 million at 6% return (which is a no brainer) is 300k per year.

I'll take that all day long.
But you forget he makes ten times that now. So why sell to make 1/10th your income?
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Old 05-12-2005, 11:05 AM   #145
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I think Steve is one of the smartest guys here. He hears the footsteps of the DOJ in the distance and he know that a huge program like his is going to be a target. If these guys do come sweeping down in the next year or two he would not get shit for his company. Right now he still has a chance. I wish I were in his position.
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Old 05-12-2005, 06:38 PM   #146
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It is my favorite fantasy

Do you wake up sticky thinking about it?

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Old 05-12-2005, 06:42 PM   #147
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Retiring at the speed of light
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Old 05-12-2005, 07:20 PM   #148
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Is Rochard included?



steve - talk about going out in style and on top !!
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Old 05-12-2005, 08:23 PM   #149
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i predict a shortage on colored ink cartridges in most computer stores because of this post.
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Old 05-12-2005, 08:28 PM   #150
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ummmm, u think no one has the cash? no one?
i know someone that has the "cash"


theres a few.
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