I just got offered $1.875M for my company.

Collapse
X
 
  • Time
  • Show
Clear All
new posts
  • Rob
    I'm a great bowler.
    • Nov 2003
    • 13310

    #1

    I just got offered $1.875M for my company.

    One of my competitors (much larger than me) just sent me a certified offer today for all rights to my company. I have to sign a strict non-compete that I will not start another business in the same market. I could start a serious progam with that kind of jack. Keep in mind, I have 2 partners so I wouldn't receive the entire amount.

    They did outline that we would retain employment with their company if we decide to sell that would guarantee us $---,--- yearly income with another small bonus guarantee to be determined by their gross sales.
  • xNetworx
    So Fucking What
    • Jan 2004
    • 14445

    #2
    Congrats

    Comment

    • AdultNex
      Confirmed User
      • Feb 2003
      • 8985

      #3
      Is this for AcidFlyers?
      Last edited by AdultNex; 08-19-2005, 04:25 PM.

      Comment

      • camouflage
        Registered User
        • Aug 2005
        • 8

        #4
        are you going to do it or what

        Comment

        • After Shock Media
          It's coming look busy
          • Mar 2001
          • 35299

          #5
          Turn it down. If i wanted to deal with your competitor I would have and I do not. So please do not force me to.

          [email protected] ICQ:135982156 AIM: Aftershockmed1a MSN: [email protected]

          Comment

          • Spunky
            I need a beer
            • Jun 2002
            • 133987

            #6
            So are you going to sell?

            Comment

            • MikeSmoke
              Confirmed User
              • Nov 2002
              • 3241

              #7
              if they're looking for other companies to buy for $1.875M, please send them my way?

              icq: 541-739-92

              Comment

              • Pete-KT
                Workin With The Devil
                • Oct 2004
                • 51532

                #8
                I hope you dont sell

                Comment

                • Rob
                  I'm a great bowler.
                  • Nov 2003
                  • 13310

                  #9
                  Originally posted by After Shock Media
                  Turn it down. If i wanted to deal with your competitor I would have and I do not. So please do not force me to.
                  I'm sure we will because we are on a steady growth and the company will be worth much more in 5 years and another 1,825 14 hour days it will be worth much more.

                  It is tempting as hell though! I've never received that large of a sum of money at one time.

                  Comment

                  • WiredGuy
                    Pounding Googlebot
                    • Aug 2002
                    • 34512

                    #10
                    If you do accept it, just imagine what you'll get after splitting with partners and after taxes. Does it still look so appealing
                    WG
                    I play with Google.

                    Comment

                    • brand0n
                      been very busy
                      • Nov 2002
                      • 26983

                      #11
                      sell mortermer! sell!!!!
                      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.

                      Comment

                      • StickyGreen
                        .
                        • Oct 2003
                        • 13076

                        #12
                        take that shit man...buy property...
                        Refer Cam Girls and Take Home 10% of Everything They Make For Life

                        Comment

                        • Pete-KT
                          Workin With The Devil
                          • Oct 2004
                          • 51532

                          #13
                          Sell it go get your name changed and start another one

                          Comment

                          • PussyTeenies
                            Confirmed User
                            • Feb 2005
                            • 6496

                            #14
                            congratz!

                            will you do it?
                            Need adult hosting?

                            Contact us!
                            WARM Hosting

                            Need an IT solution? or someone to check your site and security? Nossie - IT Professional

                            Comment

                            • Just_Dave
                              Its almost time
                              • Dec 2002
                              • 13009

                              #15
                              it sounds like a good deel , good luck with what ever you decide on

                              Comment

                              • baddog
                                So Fucking Banned
                                • Apr 2001
                                • 107089

                                #16
                                tough choice there

                                Comment

                                • Playa-Deak
                                  Confirmed User
                                  • Feb 2005
                                  • 1065

                                  #17
                                  Congrats man I'll take it if I were you...
                                  I shoot Amateur Porn. Mostly Black Girls and Some White Gals... My site is www.FreakyDeak.com Check me out!
                                  ICQ: 205-608-095

                                  Comment

                                  • Donny
                                    As you wish...
                                    • May 2002
                                    • 13754

                                    #18
                                    I think you're High on Acid.

                                    Comment

                                    • BAKO
                                      https://traffichaus.com/
                                      • Jul 2005
                                      • 18478

                                      #19
                                      Originally posted by DonovanPhillips
                                      I think you're High on Acid.
                                      Thats whats iam thinking to
                                      Global Traffic Acquisition & Monetization
                                      Telegram: @bakokaye

                                      Comment

                                      • gdog
                                        Confirmed User
                                        • Aug 2004
                                        • 1550

                                        #20
                                        Originally posted by NichePay_PeteKT
                                        Sell it go get your name changed and start another one
                                        Which part of this was hard to read
                                        "I have to sign a strict non-compete that I will not start another business in the same market."

                                        Busty Amateurs is Back - Meet the Girls | Read the BLOG | See the UPDATES

                                        High conversions and high retention, almost 1000 hosted galleries 995 PAYS
                                        Samples Big Boobs | Busty Babes | Strap Ons | Hardcore | Amateurs | Videos

                                        Comment

                                        • JFK
                                          FUBAR the ORIGINATOR
                                          • Jan 2002
                                          • 67373

                                          #21
                                          Originally posted by gdog
                                          Which part of this was hard to read
                                          "I have to sign a strict non-compete that I will not start another business in the same market."

                                          some people have comprehension problems

                                          FUBAR Webmasters - The FUBAR Times - FUBAR Webmasters Mobile - FUBARTV.XXX
                                          For promo opps contact jfk at fubarwebmasters dot com

                                          Comment

                                          • PrintAdult
                                            Confirmed User
                                            • Aug 2005
                                            • 845

                                            #22
                                            Good Luck with the offer.

                                            http://PrintAdult.com PrintAdult V.2 Is Ready to Serve you for all of you Web Development and Printing Needs. AOL: PrintAdult ICQ: 348-008-895 Call Toll Free: 1.866.OK.Adult

                                            Comment

                                            • inthestars
                                              Registered User
                                              • Sep 2002
                                              • 2021

                                              #23
                                              Turn it down, that's only the first offer. Wait and see what they offer next.

                                              The guy that owned tvtome.com got $5 million from Cnet to sell his site.

                                              Comment

                                              • montel
                                                Confirmed User
                                                • Jul 2001
                                                • 2606

                                                #24
                                                take the cash and start up something else
                                                Barefootsies

                                                Comment

                                                • killerkay
                                                  Confirmed User
                                                  • Mar 2005
                                                  • 1482

                                                  #25
                                                  Originally posted by WiredGuy
                                                  If you do accept it, just imagine what you'll get after splitting with partners and after taxes. Does it still look so appealing
                                                  WG

                                                  exactly turn it down


                                                  $$$ UP TO 5$ PER FREE SIGNUP! $$$

                                                  Comment

                                                  • pornguy
                                                    Too lazy to set a custom title
                                                    • Mar 2003
                                                    • 62912

                                                    #26
                                                    After the split and taxes etc will it be more than you are making in a year now from the company? Will it be more than you will maike in the next 10 years?? If not, dont sell.
                                                    PornGuy skype me pornguy_epic

                                                    AmateurDough The Hottes Shemales online!
                                                    TChicks.com | Angeles Cid | Mariana Cordoba | MAILERS WELCOME!

                                                    Comment

                                                    • poisson
                                                      Confirmed User
                                                      • Mar 2003
                                                      • 6474

                                                      #27
                                                      Originally posted by HighOnAcid
                                                      I have to sign a strict non-compete that I will not start another business in the same market.

                                                      For how long? 2 years, 5, lifetime?


                                                      This is an important part of the contract.

                                                      Comment

                                                      • venus
                                                        Confirmed User
                                                        • Jan 2003
                                                        • 3112

                                                        #28
                                                        would not be be near enough for me to sell my site. 1-2 million is not that much money.

                                                        Originally posted by HighOnAcid
                                                        One of my competitors (much larger than me) just sent me a certified offer today for all rights to my company.
                                                        Muscle/Fitness Adult Affiliate Program
                                                        Since 1997 www.venuscash.com

                                                        Comment

                                                        • BitAudioVideo
                                                          Confirmed User
                                                          • Jul 2005
                                                          • 1246

                                                          #29
                                                          you should have a valuation analyst review your business before you think about selling, you might find that its worth much more.. either way tell the guys to double the offer and see how they respond
                                                          Hi-Quality Encoding - Bulk Orders - On Time!
                                                          http://bitaudiovideo.com
                                                          icq 50476697 - aim n3r0xXx

                                                          Comment

                                                          • GigoloJustin
                                                            Confirmed User
                                                            • Jan 2005
                                                            • 2244

                                                            #30
                                                            If you enjoy what you're doing. Don't sell. If you'd like to get out of it and explore other options. Now's your chance.

                                                            Comment

                                                            • The Other Sweetie
                                                              Confirmed User
                                                              • Apr 2003
                                                              • 453

                                                              #31
                                                              Ehhh, figure in the split between the other 2 partners and it's not that much. The no-compete would be a turnoff, too. I'm tied down into a 5-year no-compete contract right now and it blows. I'd pass on it for that reason alone.

                                                              Comment

                                                              • poisson
                                                                Confirmed User
                                                                • Mar 2003
                                                                • 6474

                                                                #32
                                                                Originally posted by The Other Sweetie
                                                                Ehhh, figure in the split between the other 2 partners and it's not that much. The no-compete would be a turnoff, too. I'm tied down into a 5-year no-compete contract right now and it blows. I'd pass on it for that reason alone.

                                                                I agree.

                                                                Comment

                                                                • pussyluver
                                                                  Clueless OleMan
                                                                  • Mar 2003
                                                                  • 11009

                                                                  #33
                                                                  Great for the ego!! Congrats.. To many details to go into to know what would be right. And then still a guess..

                                                                  Good luck on what ever you and your partners decide to do.

                                                                  And to think I called you an idiot at least once.....

                                                                  Comment

                                                                  • pussyluver
                                                                    Clueless OleMan
                                                                    • Mar 2003
                                                                    • 11009

                                                                    #34
                                                                    In my mainstream career, I've owned two companies that made it to multi-million dollar sales level. Selling at the right time would have been smart in both cases. I would be much, much better off today. So what, it was a fun ride.

                                                                    Will I ever move my pron efforts to that level? Time will tell. Need to get my ass in gear and focus a bit more.

                                                                    Comment

                                                                    • GoodStuff
                                                                      Confirmed User
                                                                      • Feb 2005
                                                                      • 511

                                                                      #35
                                                                      What would make it worth selling to you? Figure that price out, double it or more for the non-compete and see how they like your counter offer. Guess that they will be willing to double their initial offer. No reasonable person would start out with their highest offer.

                                                                      Chances are if you've been successful in your current endeavor, you will be in a new one too. It will probably reduce itself to whether you like your current line of work or are curious about other opportunities.

                                                                      Comment

                                                                      • KRL
                                                                        Entrepreneur
                                                                        • Oct 2002
                                                                        • 31429

                                                                        #36
                                                                        Nice, but if you have a sizeable solid business don't sell yourself short. Companies are paying premiums for well developed highly profitable sites now.
                                                                        If you would like to develop your domains, you can lease inexpensive foreign labor
                                                                        from the leaders in the field at iWebmasters.com TO LOWER YOUR COSTS AND INCREASE YOUR PRODUCTION!

                                                                        *** *** *** *** *** *** *** *** *** *** *** ***
                                                                        Domains Adult News KRL's Newsletter Biz Tips Just Listed Domains

                                                                        Comment

                                                                        • sfera
                                                                          Confirmed User
                                                                          • Aug 2005
                                                                          • 8597

                                                                          #37
                                                                          sign that shit and retire

                                                                          Comment

                                                                          • Pornwolf
                                                                            Drunk and Unruly
                                                                            • Jan 2002
                                                                            • 22712

                                                                            #38
                                                                            I'd hold on. Unless you don't see growth in the near future for your company. If you are confident in your growth abilities stick it out for a little while. That was the first offer.
                                                                            I've trusted my sites to them for over a decade...

                                                                            Webair, bitches.

                                                                            Comment

                                                                            • VeriSexy
                                                                              Join The Royal Family
                                                                              • Apr 2002
                                                                              • 25463

                                                                              #39
                                                                              Congrats, take the money!!!
                                                                              Looking for a KICK ASS TEEN SPONSOR? Check out ROYAL CASH - THE KING OF TEEN!
                                                                              Incredible webmaster tools FHGs, Morphing Blog and RSS Feeds, Embedded FLV & WMV Videos
                                                                              .
                                                                              With TOP RATIO Sites like


                                                                              ATMovs.com | iTeenVideo.com |
                                                                              TeenSexMovs.com | TeenSexMania.com


                                                                              Comment

                                                                              • Theo The Theologian
                                                                                Confirmed User
                                                                                • Mar 2005
                                                                                • 1099

                                                                                #40
                                                                                Originally posted by NichePay_PeteKT
                                                                                Sell it go get your name changed and start another one



                                                                                I'm a hate-fuelled umbrella-wielding photographer with a winning smile, and a way with the ladies.

                                                                                Comment

                                                                                • Easton
                                                                                  Too lazy to set a custom title
                                                                                  • Sep 2002
                                                                                  • 9825

                                                                                  #41
                                                                                  very nice!
                                                                                  New models booked and shot every week... MILFs, pornstars and teens. Girls for every niche and project.
                                                                                  Looking for high-quality affordable exclusive content? Check me out at Easton Content for all the details.

                                                                                  Comment

                                                                                  • sicone
                                                                                    Retired
                                                                                    • Jan 2004
                                                                                    • 18453

                                                                                    #42
                                                                                    Awesome

                                                                                    say, since your company is valued at so much.. could i get like 500 business card double sided color for free.... i'll pay shipping

                                                                                    Comment

                                                                                    • Shoehorn!
                                                                                      Die With Your Boots On
                                                                                      • Oct 2003
                                                                                      • 22872

                                                                                      #43
                                                                                      Congratulations man, whether you decide to sell it or not, the offer means that you're doing something right.

                                                                                      Comment

                                                                                      • Mack
                                                                                        Confirmed User
                                                                                        • Aug 2003
                                                                                        • 1017

                                                                                        #44
                                                                                        hmmmmm. I'd take the money and continue to work there. They said they would give you a handsome salery to continue on with the company??

                                                                                        People may feel like they are their own bosses but at the end of the day we all work for someone. Either a customer or an owner. Not enough difference if the offer is a fair one.

                                                                                        Comment

                                                                                        • Morgan
                                                                                          Too lazy to set a custom title
                                                                                          • May 2002
                                                                                          • 10520

                                                                                          #45
                                                                                          congrats!!! you must be making a lot of lsd, damn....
                                                                                          PornstarPlatinum.com | TransErotica.com

                                                                                          Comment

                                                                                          • chaze
                                                                                            Confirmed User
                                                                                            • Aug 2002
                                                                                            • 9774

                                                                                            #46
                                                                                            Too bad you have to split it, big differance between 1.4 million and 500k
                                                                                            Like the desert needs the rain
                                                                                            We do fully manged WordPress, VPS, and Servers. Adult Host Pro https://adulthostpro.com/ Since 2001

                                                                                            Comment

                                                                                            • Adulterate
                                                                                              Confirmed User
                                                                                              • May 2005
                                                                                              • 134

                                                                                              #47
                                                                                              congrats, are you going to sell out and work for your company ?

                                                                                              J/W

                                                                                              500k lump sum + salary is still nice, LoL

                                                                                              Comment

                                                                                              • emthree
                                                                                                Dialer Kingpin
                                                                                                • Jun 2003
                                                                                                • 10816

                                                                                                #48
                                                                                                Buy the other two guys out...
                                                                                                and...

                                                                                                Sell Patches & Pills

                                                                                                Comment

                                                                                                • webcrawler
                                                                                                  Confirmed User
                                                                                                  • Aug 2004
                                                                                                  • 2692

                                                                                                  #49
                                                                                                  that should be a great deal already. good luck whatever you decide on.

                                                                                                  Comment

                                                                                                  • Adulterate
                                                                                                    Confirmed User
                                                                                                    • May 2005
                                                                                                    • 134

                                                                                                    #50
                                                                                                    can't wait to see what you decide on,.. must be a hard decision ?

                                                                                                    Comment

                                                                                                    Working...