I just got offered $1.875M for my company. - GoFuckYourself.com

Rob · 08-19-2005, 05:23 PM

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 · 08-19-2005, 05:23 PM

Congrats

AdultNex · 08-19-2005, 05:24 PM

Is this for AcidFlyers?

camouflage · 08-19-2005, 05:24 PM

are you going to do it or what

After Shock Media · 08-19-2005, 05:24 PM

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.

Spunky · 08-19-2005, 05:25 PM

So are you going to sell?

MikeSmoke · 08-19-2005, 05:25 PM

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

Pete-KT · 08-19-2005, 05:26 PM

I hope you dont sell

Rob · 08-19-2005, 05:28 PM

Quote:

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.

WiredGuy · 08-19-2005, 05:30 PM

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

brand0n · 08-19-2005, 05:31 PM

sell mortermer! sell!!!!

StickyGreen · 08-19-2005, 05:31 PM

take that shit man...buy property...

Pete-KT · 08-19-2005, 05:32 PM

Sell it go get your name changed and start another one

PussyTeenies · 08-19-2005, 05:36 PM

congratz!

will you do it?

Just_Dave · 08-19-2005, 05:36 PM

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

baddog · 08-19-2005, 05:38 PM

tough choice there

Playa-Deak · 08-19-2005, 05:39 PM

Congrats man

I'll take it if I were you...

Donny · 08-19-2005, 05:45 PM

I think you're High on Acid.

BAKO · 08-19-2005, 05:48 PM

Quote:

Originally Posted by DonovanPhillips

I think you're High on Acid.

Thats whats iam thinking to

gdog · 08-19-2005, 05:58 PM

Quote:

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."

JFK · 08-19-2005, 06:07 PM

Quote:

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

PrintAdult · 08-19-2005, 06:31 PM

Good Luck with the offer.

inthestars · 08-19-2005, 06:56 PM

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.

montel · 08-19-2005, 07:28 PM

take the cash and start up something else

killerkay · 08-19-2005, 07:34 PM

Quote:

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

pornguy · 08-19-2005, 07:34 PM

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.

poisson · 08-19-2005, 07:42 PM

Quote:

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.

venus · 08-19-2005, 07:45 PM

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

Quote:

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.

BitAudioVideo · 08-19-2005, 07:53 PM

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

GigoloJustin · 08-19-2005, 07:56 PM

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.

The Other Sweetie · 08-19-2005, 08:11 PM

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.

poisson · 08-19-2005, 08:13 PM

Quote:

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.

pussyluver · 08-19-2005, 08:22 PM

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.....

pussyluver · 08-19-2005, 08:27 PM

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.

GoodStuff · 08-19-2005, 08:37 PM

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.

KRL · 08-19-2005, 08:46 PM

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.

sfera · 08-19-2005, 08:54 PM

sign that shit and retire

Pornwolf · 08-19-2005, 09:21 PM

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.

VeriSexy · 08-19-2005, 10:43 PM

Congrats, take the money!!!

Theo The Theologian · 08-19-2005, 10:45 PM

Quote:

Originally Posted by NichePay_PeteKT

Sell it go get your name changed and start another one

Easton · 08-19-2005, 10:49 PM

very nice!

sicone · 08-19-2005, 10:50 PM

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

Shoehorn! · 08-19-2005, 10:52 PM

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

Mack · 08-19-2005, 10:53 PM

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.

Morgan · 08-19-2005, 10:57 PM

congrats!!! you must be making a lot of lsd, damn....

chaze · 08-19-2005, 11:01 PM

Too bad you have to split it, big differance between 1.4 million and 500k

Adulterate · 08-19-2005, 11:06 PM

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

J/W

500k lump sum + salary is still nice, LoL

emthree · 08-19-2005, 11:17 PM

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

webcrawler · 08-20-2005, 12:52 AM

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

Adulterate · 08-20-2005, 12:59 AM

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

08-19-2005, 05:23 PM	#1
Rob I'm a great bowler. Industry Role: Join Date: Nov 2003 Location: Right Outside of Normal. Posts: 13,309	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. __________________

08-19-2005, 05:24 PM	#3
AdultNex Confirmed User Join Date: Feb 2003 Location: Bostonnnn Posts: 8,985	Is this for AcidFlyers? Last edited by AdultNex; 08-19-2005 at 05:25 PM..

08-19-2005, 05:24 PM	#4
camouflage Registered User Join Date: Aug 2005 Posts: 8	are you going to do it or what __________________ 200$ WEBMASTER REFERRAL

08-19-2005, 05:24 PM	#5
After Shock Media It's coming look busy Join Date: Mar 2001 Location: "Ph'nglui mglw'nafh Cthulhu R'lyeh wgah'nagl fhtagn". Posts: 35,299	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]

08-19-2005, 05:25 PM	#6
Spunky I need a beer Industry Role: Join Date: Jun 2002 Location: ♠ Toiletville ♠ Posts: 133,949	So are you going to sell? __________________ *YOUR INFORMATION HERE*

08-19-2005, 05:23 PM	#2
xNetworx So Fucking What Industry Role: Join Date: Jan 2004 Location: Whore Island Posts: 14,445	Congrats

08-19-2005, 05:25 PM	#7
MikeSmoke Confirmed User Join Date: Nov 2002 Location: SoCal Posts: 3,233	if they're looking for other companies to buy for $1.875M, please send them my way? __________________ icq: 541-739-92

08-19-2005, 05:26 PM	#8
Pete-KT Workin With The Devil Industry Role: Join Date: Oct 2004 Location: West Bloomfield, MI Posts: 51,532	I hope you dont sell

08-19-2005, 05:30 PM	#10
WiredGuy Pounding Googlebot Industry Role: Join Date: Aug 2002 Location: Canada Posts: 34,496	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.

08-19-2005, 05:31 PM	#11
brand0n been very busy Join Date: Nov 2002 Location: the queen city Posts: 26,983	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.

08-19-2005, 05:31 PM	#12
StickyGreen . Industry Role: Join Date: Oct 2003 Posts: 13,076	take that shit man...buy property... __________________ Refer Cam Girls and Take Home 10% of Everything They Make For Life

08-19-2005, 05:32 PM	#13
Pete-KT Workin With The Devil Industry Role: Join Date: Oct 2004 Location: West Bloomfield, MI Posts: 51,532	Sell it go get your name changed and start another one

08-19-2005, 05:36 PM	#14
PussyTeenies Confirmed User Join Date: Feb 2005 Location: Haarlem and Amsterdam, capital of the porn world ;-) Posts: 6,496	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

08-19-2005, 05:36 PM	#15
Just_Dave Its almost time Industry Role: Join Date: Dec 2002 Posts: 13,009	it sounds like a good deel , good luck with what ever you decide on

08-19-2005, 05:38 PM	#16
baddog So Fucking Banned Industry Role: Join Date: Apr 2001 Location: the beach, SoCal Posts: 107,089	tough choice there

08-19-2005, 05:39 PM	#17
Playa-Deak Confirmed User Join Date: Feb 2005 Location: Chi-Town Posts: 1,065	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

08-19-2005, 05:45 PM	#18
Donny As you wish... Industry Role: Join Date: May 2002 Posts: 13,754	I think you're High on Acid.

08-19-2005, 06:31 PM	#22
PrintAdult Confirmed User Join Date: Aug 2005 Location: Skype - PrintAdult Posts: 845	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

08-19-2005, 06:56 PM	#23
inthestars Registered User Join Date: Sep 2002 Location: California Posts: 2,021	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.

08-19-2005, 07:28 PM	#24
montel Confirmed User Industry Role: Join Date: Jul 2001 Location: See sig! Posts: 2,606	take the cash and start up something else __________________ Barefootsies

08-19-2005, 07:34 PM	#26
pornguy Too lazy to set a custom title Industry Role: Join Date: Mar 2003 Location: Homeless Posts: 62,911	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!

08-19-2005, 07:53 PM	#29
BitAudioVideo Confirmed User Join Date: Jul 2005 Location: USA, Georgia Posts: 1,246	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

08-19-2005, 07:56 PM	#30
GigoloJustin Confirmed User Join Date: Jan 2005 Location: Washington Posts: 2,244	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.

08-19-2005, 08:11 PM	#31
The Other Sweetie Confirmed User Join Date: Apr 2003 Location: East Coast Posts: 453	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.

08-19-2005, 08:22 PM	#33
pussyluver Clueless OleMan Join Date: Mar 2003 Location: ICQ - 169903487 Posts: 11,009	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.....

08-19-2005, 08:27 PM	#34
pussyluver Clueless OleMan Join Date: Mar 2003 Location: ICQ - 169903487 Posts: 11,009	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.

08-19-2005, 08:37 PM	#35
GoodStuff Confirmed User Join Date: Feb 2005 Posts: 511	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.

08-19-2005, 08:46 PM	#36
KRL Entrepreneur Join Date: Oct 2002 Location: USA Posts: 31,429	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

08-19-2005, 08:54 PM	#37
sfera Confirmed User Join Date: Aug 2005 Location: ICQ: 248877409 Posts: 8,597	sign that shit and retire

08-19-2005, 09:21 PM	#38
Pornwolf Drunk and Unruly Join Date: Jan 2002 Location: Hollywood Posts: 22,712	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.

08-19-2005, 10:43 PM	#39
VeriSexy Join The Royal Family Join Date: Apr 2002 Posts: 25,463	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 TeenStarsOnly.com - Earn $$ with our New Site & Bonus Payouts!! ATMovs.com \| iTeenVideo.com \| TeenSexMovs.com \| TeenSexMania.com

08-19-2005, 10:49 PM	#41
Easton Too lazy to set a custom title Industry Role: Join Date: Sep 2002 Location: Phoenix, AZ Posts: 9,825	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.

08-19-2005, 10:50 PM	#42
sicone Retired Industry Role: Join Date: Jan 2004 Location: Sac Posts: 18,453	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 __________________

08-19-2005, 10:52 PM	#43
Shoehorn! Die With Your Boots On Join Date: Oct 2003 Location: Hawaii Posts: 22,872	Congratulations man, whether you decide to sell it or not, the offer means that you're doing something right. __________________

08-19-2005, 10:53 PM	#44
Mack Confirmed User Join Date: Aug 2003 Posts: 1,017	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.