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Old 11-22-2006, 12:43 PM   1 links from elsewhere to this Post. Click to view. #1 (permalink)
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Orly Yikes, Jon backed out of movie-vault.com purchase?

I just saw Tyler relisted his Movie-Vault site since the previous buyer at $50,000 backed out, which as I recall were Jon and his partner? Wazzup!
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Old 11-22-2006, 12:58 PM   #2 (permalink)
 
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they realised they would have to reprogram the entire site
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Old 11-22-2006, 01:00 PM   #3 (permalink)
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Ah I see, did he mention that somewhere here and I missed it?
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Old 11-22-2006, 01:08 PM   #4 (permalink)
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porting perl to php... it isnt that hard to mimic.
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Old 11-22-2006, 01:24 PM   #5 (permalink)
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No.. we realized that there were more bots as traffic than real people. For $50k buying a site that only made $4k a year wasn't the issue, it all came down to the traffic. 200k uniques turned out to be more spiders/bots than humans, so right away we deemed it not worthy of the price tag.
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Old 11-22-2006, 03:55 PM   #6 (permalink)
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200k uniques a month right? how much of that are bots?
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Old 11-22-2006, 04:28 PM   #7 (permalink)
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It's hard to say, but a conservative figure of 'real human' uniques per day is around 500 (Taken from Tribal Fusion).

I can't believe how rumors are spread from thin air.. about the reasons why Jon and his partner backed out, etc. Everybody seems to be an expert...

For those interested, I posted the site up for sale again yesterday and I revised my description (Can be viewed at DP: Large Established Movie Review Site For Sale) which gives more information, including that on traffic, etc.

I don't blame Jon and his partner for backing out at the last minute - they didn't exactly back out, just offered a lower price - but it should be noted I was never 'hiding' anything about the traffic or anything. On the contrary I was always completely up front stating that Urchin stats were highly inflated with search bots. The confusion came in with just how inflated (guesstimate is real traffic is around 20% of Urchin stats).
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Old 11-22-2006, 04:35 PM   #8 (permalink)
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wow, 500 uniques/day selling for 40K+ and not much revenue, good luck dude.
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Old 11-22-2006, 05:41 PM   #9 (permalink)
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Quote:
Originally Posted by Tyler View Post
It's hard to say, but a conservative figure of 'real human' uniques per day is around 500 (Taken from Tribal Fusion).

I can't believe how rumors are spread from thin air.. about the reasons why Jon and his partner backed out, etc. Everybody seems to be an expert...


ummm...which rumors are you talking about? All i've seen is someone asking why jon backed out, and then him responding because traffic wasn't as high as originally thought...

wohhhh nelllyyyy.
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Old 11-22-2006, 05:52 PM   #10 (permalink)
 
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It should be noted that there is a shit ton of original content on the site worth a lot of money
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Old 11-22-2006, 06:05 PM   #11 (permalink)
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The only problem when purchasing this site in my point of view is that beside the cost of the actual purchase you'd have to invest alot more money into make it somewhat worthwile the trouble and money.
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Old 11-22-2006, 07:11 PM   #12 (permalink)
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It's definitely a 'project' - not worth buying if you just plan to leave it as is and make the $600 a month. It's a fixer-upper.
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Old 11-22-2006, 07:14 PM   #13 (permalink)
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I do realise that, but without the articles it wouldn't be worth it, I mean you could just start another site. The articles just make it worth the money, the site doesn't have any real value anymore in my opinion. Which I think is too bad.
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Old 11-22-2006, 09:08 PM   #14 (permalink)
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The domain is aged which is a nice plus and makes about $350 a month, but asside from that nothing too special. Worth no more than 10K.
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Old 11-22-2006, 10:03 PM   #15 (permalink)
 
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Does this mean you can now tell us who your secret partner was?
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Old 11-22-2006, 10:22 PM   #16 (permalink)
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With all these weird rumors aside, the reasons for backing out at the were mostly the traffic issue, which just like Tyler said wasn't hidden information, we just didn't look at it as close enough as we should have in the beginning. The second reason was the content reviews that weren't owned by the site, they are owned by the authors, so if they had decided to come back and say "you can't use these" then it's their decision and we would have no choice but to remove it.

Overall, I like the site a lot, and I don't think it's worth $50k, but, that's not to say that it can't make it once the new owner changes things around. It's definitely a fixer upper that can be flipped easily for $150k after six months or less of solid work. You would also have to invest another $10k on top of the initial purchase investment for content writers, advertising/marketing, seo work, new design/layout, and some custom scripts to give it a feel that no other place has. So I do wish Tyler the best of luck selling it, and I still think he should just go through the whole process, minus the $50k investment himself and flip it when it looks and feels like a site worthy of the asking price.

If you've heard any different about the site, and why we backed out, someone is lying to you, because what I just wrote now were the only two reasons for a no go sale at the last minute.

Overall if you have the time, resources, cash and most importantly the experience of taking a fixer upper and turning it into a hot item, by all means this is for you, and if you don't, get back to work and mind your own business.
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Old 11-23-2006, 01:55 AM   #17 (permalink)
 
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Hopefully this thread will kill all the rumors.

Good luck with the sale Tyler.
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Old 11-23-2006, 02:11 AM   #18 (permalink)
 
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I heard a rumor that Tyler's site was bankrolled by dutch midget brothels and maintained by poor children for make benefit of khazakistan!
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Old 11-23-2006, 02:15 AM   #19 (permalink)
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I heard that Borat owned 10% of the site and it was actually run by old women in mississippi!
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Old 11-23-2006, 02:24 AM   #20 (permalink)
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truth is jon was financing the site from my bank, engaged capital, and his credit was horrible so he didn't like the interest rate. that's the truth.
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Old 11-23-2006, 03:50 AM   #21 (permalink)
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Movie Vault, Nintendo Wii Domains, And Other Stuff For Sale
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Old 03-10-2007, 03:59 AM   #22 (permalink)
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500 uniques I thought you were doing way higher than that...

Good luck with the sale..

My 2c - Start with lower opening bid to get the bids flowing.
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Old 03-10-2007, 04:04 AM   #23 (permalink)
 
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This thread is like 3 months old, I think the sale either fell through or happened.
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Old 03-10-2007, 04:36 AM   #24 (permalink)
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Whooa.. how the fuck did I stumble onto this then.. it was at the top in this forum.

Sorry! My bad
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