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I personally have been run ragged the past year trying to run one aging business and build a whole new one. Heh, only so much one man can do. So I'm in a better place now and I hope to see you in Costa to buy you a free beer! |
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Upward and onward!!!! CONGRATS!! |
This is a good lesson as to why you should sell a site (or business) into growth.
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Why on earth you wouldn't let everyone know before Vegas is beyond me. You just threw away several thousands of dollars. Probably half a mill if not more.
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Huge surprise. Extremely surprised by the amount the site sold for.
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Congrats on the sale. If I'm not mistaken Rick is a wealthy man anyway and CJ was always just a side project for him.
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Is this going to be another failed project like dollars?
That was funny |
So who was the buyer? I was in the room but I didn't recognize him, and he wasn't wearing a badge.
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Why don't you just throw up some trade secrets along with everything else & call it a day. Rat bitch. |
bromaster bought it
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SAC and Slav bought it. I was sitting right behind them at the auction.
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Congrats to Marc, Paul and Rick!
I rented office space from them in 2002. These guys changed my life forever! Did you sell Joe Christ too? |
Whats the current formula for selling up nowadays?
How do you value these things? |
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I was shocked to see it go for what it did. Onward and upward though for the ex-CJ crew, and congrats to the new buyer! :)
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Damn seems like a steal.
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It makes sense that those properties would be on a decline as many tube based clip sites are springing up every day.
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congrats CJ and especially congrats to the buyer, that is an awesome price to buy that network for
sucks about that alexa graph though |
Whoever bought that site got a HELL of a deal! Congrats to the CJ guys (Rick great seeing you pal, thanks for your hospitality at the Cathouse).
All the best! |
bill gat.s bought it, who else. :))
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Congrats to Rick, Paul and Marc on the sale and your freedom to move on to other more promising projects.
Congrats to Slavic as well for the purchase. I have tremendous respect for all of these guys as they are tremendously successful and so I trust each side is satisfied with the deal. Matt |
hmm any ideas what Slav is going to do with the sites? Turn into a giant tube network?
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Isn't CJ just a huge stolen content network? Why all the ass kissing?
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Congrats on the sale, it makes sense to focus on Madison Avenue.
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..and congrats to Slav, he is no dummy.
;) |
Will the new Cj owner will start to trade traffic to get the sites on track .
I would be really interested .. Cj was my inspiration when i built my network and now i have about the same size they had 2 years ago. |
Ya Marc, you must be the dumbest business man ever :winkwink:
Taking your money off the table from a mature, slow growth business to a) invest time and effort into a high growth, high-return business and b) enjoy the fruits of alot of years of hard work. Is just sooo dumb man, you should really listen to the gfy peanut gallery of internet millionaires. You know, it's entrepreneurs like Marc who make this business go 'round, - constantly seeking new challenges and taking risks. The reality is, Marc's got $550k in the bank and ownership in a fresh, growing business... I think he's doing just fine. Most people here should learn from someone like Marc instead of making themselves look like amateurs with comments like "oh man I totally would have sold it 2 years ago for waaaay more" Congrats Marc, we look forward to continue working with you and MadisonAvenue.com |
congrats on the sale, to bad alot of people didnt know, i`m sure some would invest more....
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Kaktuz do you still rip off people?
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Marc is one motherfucking awesome cat. I love working with you guys. Let me know how we can get in on some more biz with you - any chance I can get I am in.
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Jukes, you really are from good ole grape country! I totally am there w/ you! There are plenty of owners in the biz who'd love to get out and can't!
Congrats to Marc and Rick and the new owners! |
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