Steve Cohen, stealer of Sex.com believes there is no money in porn
 

This sentence was taken from the new issue of Xbiz, I hope you don't mind guys. "Cohen believes that the Sex.com site is near worthless. With all the P2P networks there, like Kazaa and Limewire, people can get their sex for free, He said. "
I have something to say about this. I believe Steve Cohen would not still be battling for this name and caring about it if there is no money in porn. It makes me mad that he can say such a thing.

:1orglaugh :1orglaugh

"No money in porn" ... ok

people who usually cant capitalize on situations try to minimize them

Exactly what I was thinking.

he must be very smart

well, he's a thief and criminal, from what i know he already made his money with that stolen domain before Kremen got it back, i am not sure why they still interview him

Doesn't Gary Kremen still have a bounty on that guy??

How much trouble did he get into got stealing that domain anyway? Any jail time? Fines?

Cohen huh?

no doubt is stole someone else property :)

Really? how old are you?

6?

good thing he did not say something really offensive like "Elmo is a mean muppet"

Well it is possible when you build up large sites to have great revenues but not so great profits. You see this a lot when companies transition from profitable small operations and then go "grand" scale and the next thing you know they go belly up.

Mostly this occurs from bloated staff costs and overhead from non-essential corporate spending like traveling on private jets, buying luxury cars for execs, throwing lavish parties, non-productive marketing, etc.

I've seen many companies in the $1 to $10 Million range being just as profitable or profitable for the owner as companies doing hundreds of millions.

So just cause a significant company could do big revenues you have to see the bottom line to know what's really going on.

he is more the welcomed to give me that domain :)

i think history will prove you right. this is a classic case of what you are talking about. many were shocked when they took down the banner farm and said it was a mistake. i think it probably was as well.

Well that would be offensive... everyone knows the mean muppet is Oscar :glugglug

i rofled when I read that the other day on xbiz ah ahaa

He sounds like a dumbass !

I think there is no doubt that sex.com makes great profits

the banner farm made probably great profits too, but remember, it was 1998 or so and the conversions in this industry were overall a few times better than they are now

No more money for him anywway :1orglaugh

Well put. I know other guys in this business who have boats and Mercedes and lots of toys, which all add up.

Cohen has been described as an international con man. He is also a fugitive. So everything he says should be taken with a grain of salt.

The battle was more than just about ego, or who is more clever. Cohen wouldn't have fought so hard for SEX.COM if it were not a valueable asset.

I think Cohen is just trying to make himself feel better by muttering such non-sense. If anything, SEX.COM is appreciating in value, not diminishing.

Gary Kremen's use of it is another matter. It's not how I would use the domain, and I feel it is underutilized.

I've been saying this about SEO for ages, about time people start to listen.
WG

you take that back.. you take that back RIGHT NOW!!!! :disgust :mad: :disgust

I don't know if he has a bounty on him still. He no doubt got a sentence to pay a lot of money but he hasn't been caught. There's some useful information in this thread thanks TDF and KRL.

He meant to say "there's no money FOR HIM in porn" :1orglaugh

since he got busted, he's not makin shit!

I bought traffic from them once and it didn't work out for the demographics i needed. Great people there just not enough traffic for me. Maybe next time will be better.

If I based my business on the traffic that comes from there I would be saying the same things.

I used to read a lot of stories about Cohen and his casinos in the news here in Israel. I posted the articles on the O board until someone decided they were negative to Kremen. Next thing I knew I was kicked off that board.

I stopped writing about Cohen until I read this. I found the articles on this forum to be funny. I like reading about Zeev Rosenstein, he is the godfather of our mafia here in Israel.

Cohen and Rosenstein owned several casinos in Europe together until Rosenstein went to jail. Now it seems that Cohen has taken over control and ownership of all the casinos.

There are some interesting articles written about Cohen on http://www.dionysians.org/forum/arch....php/t-89.html


The only way I know when someone is rich is when they can donate millions and it has no financial effect on their net worth. Cohen?s donations to the Tsunami Relief and to the Chinese Orphanage have been plastered on the news over here.

I started a sex site but my duties in the Israel IDF forced me to close it down. My unit was activated and my active duty just ended. Now I am thinking about returning back and setting us a new web site. Money is tight here in Israel. Not too many tourist visiting and spending money in Israel these days.

Uri

Cosign. It's called Sour Grapes.

I'm going to contact Gary see if he knows about this

Thanks for that useful information Uri. :) Just cool to hear about.

http://images.ibsys.com/2003/0429/2165787.jpg
THERE IS NO MONEY IN PORN!!

Steve started Earthstation 5 so that he could capitalize off of P2P. :-)

Why don't you finish the rest of his quote and put this statement in context?

Cohen believes that the Sex.com site is near worthless. "With all the P2P networks there, like Kazaa and Limewire, people can get their sex for free." He said. With Kremen and Sex.com, "you got a guy basically running a search engine."

The way I take it is he thinks putting a search engine on such a prime domain is stupid.

He has his hands in more places than most of you thing.

If anyone knows if they are looking for him, for sure. Hit me on ICQ. I know where to find him.

Saw him last week.

Tucker you have it wrong. Cohen didn't start Earthstation 5, it was Cohen's partner Zeev Rosenstein, Yossi Ginossar and Mohammed Rachid also known as Ras Kabir (Big head).

Rosenstein, Yossi Ginossar and Rachid were the owners of the casino in Jericho long before Cohen entered the picture. Rachid and his brother started earthstation 5 with Rosenstein and Ginossar.

Ginossar was prior to his death, was the head of Israel intelligence and Rachid was the money man for Arafat prior to his death.

It was no secret that the Earthstation 5 program had lots of problems. Most of the time it just didn?t work and Rosenstein asked Cohen for his help.

Cohen is who destroyed Earthstation 5. They put him in charge and he fired everyone and moved the users to Earthreactor.com.