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So if someone offered $20,000,000 would you sell it? Seriously?
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i'll buy Taylor Little off of ya :)
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But it's happened people cash out and move on starting other ventures with there name and knowledge with a industry. My :2 cents: |
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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... |
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 |
I'm quite sure Steve isn't really interested in sell LSC...lol
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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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hahaha... same here... always wanted to just drive around in one :thumbsup ... thought i was the only one.. |
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. |
good deal :)
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Hey steve my friend, even if you sell lightspeed, you better still come to the shows
all the best, |
ive got 5 on it
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hit me up when u get a chance steve
118156620 |
Dude thats HUGE! Good luck with it
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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. |
I'll take Sweetums!
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ack, does this mean we will need to change link codes again? :(
otherwise, good luck. :) |
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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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. :thumbsup
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Do you wake up sticky thinking about it? :winkwink: |
Retiring at the speed of light
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:1orglaugh :1orglaugh steve - talk about going out in style and on top !! |
i predict a shortage on colored ink cartridges in most computer stores because of this post.
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theres a few. |
150 sites 99% of gfy can't afford... myself included
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150.........
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uh oh woj..we both missed.... lol
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Give us some figures!
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this is one program that would be expenive to buy I know maybe a few people that can afford what Steve would ask for it from talking to him before.
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hire someone to run it.
take them under your wing till 2006 and then "retire". you'll have endless $$ for the rest of your life, and maybe if theres any problems, you'll still be around to keep it alive & kickin. this is your baby, treat it as such!! |
this will make for one helluva a party at the LS mansion :)
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I have someone in mind that is interested.
I'll hit them up and see if I can get it done. |
I am interested ... do u accept paypal??
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who ever posted the $5 million figure is way off. steve posted screencaps of his ccbill stats a while ago and they showed a gross of about a million a month, iirc.
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