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Old 01-05-2007, 11:14 PM   34 links from elsewhere to this Post. Click to view. #1 (permalink)
Jon
 
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Vent Offer To Buy WickedFire for $16M!!!

I just got off of the phone with a pretty well known person who runs a company that snaps up big properties and he offered me $16 million for WickedFire. The whole offer was $16M over 3 years or $11 million at one shot. Needless to say, I turned him down without even thinking twice about it.

I am not posting this to brag either. I told him I'd be posting about it and he seemed okay with it and said "are you sure you don't want to think it over for a week?". He had sounded pretty surprised about me turning him down too. By far one of the strangest business phone conversations I've had in a long time.

While we were chatting for the whole 12 minutes or so that it lasted for, I brought to his attention that we have ZERO revenue here, and that we are under a year old. Even if we had revenue coming in, I doubt it would go anywhere over the $2M/year mark. He said something to the tune of "I've been hearing a lot about your forum, and if it's grown that quickly at such an early stage, I'm kind of shocked that no one has made a similar offer for it sooner". Well, we did have an offer about a month ago for a few million dollars, but I laughed at the person because I didn't think he was serious.

I know for a fact that this offer was legitimate and that the person/company is reputable, so there is no issue about that. I just find it pretty surreal to turn down an offer like that and not be phased out by it.

2007 is going to be a weird year, and surreal in so many ways I think.

/vent
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Old 01-05-2007, 11:20 PM   #2 (permalink)
 
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You need more angry smilies for this to be a vent. But really, I would say yes to $16M before my rational mind realizes what I did. I know this place is special and all Jon, but $16 million for 8 months work? shit.
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Old 01-05-2007, 11:24 PM   #3 (permalink)
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take it and go on a long vacation.. you deserve it. Start something better (if thats even possible)
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Old 01-05-2007, 11:25 PM   #4 (permalink)
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SELL SELL SELL and distribute the profits amongst the members! Divie it up by posts per user.

:: sneaks away to post more ::
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Old 01-05-2007, 11:25 PM   #5 (permalink)
 
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That guy is an idiot, you don't buy forums that you haven't checked out before, half of the forums have gotten so big because there owners have pushed it to the end of the earth and back.

Nice work Jon, at least we know some mogul is gonna persuade you into buying it
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Old 01-05-2007, 11:32 PM   #6 (permalink)
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niiiiiice, glad to see you didnt sell out, you da man
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Old 01-05-2007, 11:32 PM   #7 (permalink)
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wfx wfx wfx wfx wfx wfx wfx wfx wfx wfx wfx
That's $4820 per forum member.

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Old 01-05-2007, 11:34 PM   #8 (permalink)
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I understand why you wouldn't sell, but I understand also why you SHOULD. I know wickedfire is something you hold close to you, but for 16M, I would rethink it for a day or two man. Seriously.
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Old 01-05-2007, 11:38 PM   #9 (permalink)
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april fools already.???? hahahaha
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Old 01-05-2007, 11:38 PM   #10 (permalink)
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I think it's more about reputation than money.
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Old 01-05-2007, 11:40 PM   #11 (permalink)
 
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Edit, 3,319 members!!!! 97k posts $4800 per member??? this guy needs to have a look at my 50 member forum, 250k anyone?

97,422 members, and hes willing to pay 16million? how the fuck does someone that dumb have 16million dollars laying around? what the fuck?? are webmasters even that hot of a niche? fuck
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Old 01-05-2007, 11:41 PM   #12 (permalink)
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*alrert* i just bought google.com... they gave me a price break... 2 billion.... the deal will be announced monday afternoon... sell your GOOG fast.
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Old 01-05-2007, 11:43 PM   #13 (permalink)
 
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Quote:
Originally Posted by DavidR View Post
I think it's more about reputation than money.
lol, then I would unreputably have more money than anyone.
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Old 01-05-2007, 11:52 PM   #14 (permalink)
 
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Good call Jon! As enticing as $16m is, I'm glad to see that you value the forum and it's membership more than just money.

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Old 01-05-2007, 11:53 PM   #15 (permalink)
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This forum would die the second someone else took over.
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Old 01-05-2007, 11:59 PM   #16 (permalink)
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16 million? 2 million? why do I have trouble believing you. nobody offers 16 million for a site that is making $0.

and bull shit.. like you wouldn't take the money... if you were smart you would take the 16 mil, just like any other businessman, start another forum like wickedfire with a different name, for like 1000 bucks, and being that you have a VERY loyal fan base, you would have no problem at all getting that one off the ground. heck everyone here would follow you over there.

i'm sorry but i'm not as gullible as the other forum members on this board.. maybe someone made an offer like this as a joke, but theres no way they could be serious.
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Old 01-05-2007, 11:59 PM   #17 (permalink)
 
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I wonder if you could get 16million on sitepoint. you could probably get sitepoint, digitalpoint webmasterworld and earners forum for 16million.
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Old 01-06-2007, 12:02 AM   #18 (permalink)
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