Wickedfire Member Sells Startup For $120MM
- Thread starter threehundred
- Start date
Also the "some value" is the famous journalist who started it and got 10,000s of hours of prime time TV coverage of him sitting on morning TV sofas talking about money saving and mentioning his site
Wait, you're saying it's not because his site is a PR6?
Not sure if I have snap or not, but determining someone's intellect from a number as benign as a post count is just ignorant. I've made my share of a couple of posts that got me flamed, if you go back and look at my comments I completely deserved them and took them on the chin with no issues.
One of the many reasons I enjoy coming and lurking is not only the the vast amount of knowledge and experience here, but also because of the of the smart azz responses and comments. I probably come here more for the latter. I've even used the recommendations of others to purchase quite of few of the services offered here.
I've already had a pm from a respected member here (since post count is important, he has over 3,300 of them and has been here since 2008) looking for assistance in fed guv contracting (he has a fantastic product that I think needs to be promoted through the proper channels), and as stated in my original post I'm doing everything I can to help guide him and his company...I'm just waiting on additional info so we can continue. I still can initiate a pm so I'm forced to leave messages on the open board and hope that he sees it.
Some personal thoughts and feedback:
Over the last 3 years he must have done a lot right. Most of us are busy playing in the sandbox while others are creating the playground that encompasses that sandbox. While there are benefits and drawbacks to both a $120MM payout shows that the benefits outweighs the negatives.
His traffic last month according to Compete.com was 6.4 million uniques:
https://siteanalytics.compete.com/bright.com/
With that kind of traffic and the big increase YoY that makes any website attractive where the cost of acquiring users can be substantial in the outsourcing niche. Linkedin is the future of all job hiring and professional networking so purchasing a site that specializes in this with a large traffic base and technology behind it is logical.
As sites like theladders.com no longer do exclusively 100K+ salary jobs and the monster.com, and Craigslist's job postings are relatively junk on their own according to a recent discussion I had with a job placement professional who said it's all linkedin and knowing people these days is how he finds qualified job applicants.
It looks like he used EWA to drive traffic and leads and it worked out well for him. Imagine being his top affiliate who sent that traffic while your paydays were very nice you probably aren't getting a % of that sale price.
Congrats Eduardo!
Now back to building my playground
Over the last 3 years he must have done a lot right. Most of us are busy playing in the sandbox while others are creating the playground that encompasses that sandbox. While there are benefits and drawbacks to both a $120MM payout shows that the benefits outweighs the negatives.
His traffic last month according to Compete.com was 6.4 million uniques:
https://siteanalytics.compete.com/bright.com/
With that kind of traffic and the big increase YoY that makes any website attractive where the cost of acquiring users can be substantial in the outsourcing niche. Linkedin is the future of all job hiring and professional networking so purchasing a site that specializes in this with a large traffic base and technology behind it is logical.
As sites like theladders.com no longer do exclusively 100K+ salary jobs and the monster.com, and Craigslist's job postings are relatively junk on their own according to a recent discussion I had with a job placement professional who said it's all linkedin and knowing people these days is how he finds qualified job applicants.
It looks like he used EWA to drive traffic and leads and it worked out well for him. Imagine being his top affiliate who sent that traffic while your paydays were very nice you probably aren't getting a % of that sale price.
Congrats Eduardo!
Now back to building my playground
Made the homepage video for these guys. Nobody ever contacted me about a % of the payout.
No problem, I don't wanna get in anyones way.
I'll just sit here and wait, am sure they will be contacting me any day now ... soon ... soon ...
No problem, I don't wanna get in anyones way.
I'll just sit here and wait, am sure they will be contacting me any day now ... soon ... soon ...
Little hint to new users here....when someone flames you just call them a "niggerboy". Instant cred.
Assuming the proofs of that site weren't faked, if he was able to negotiate a private deal for $120 million the site easily could have sold for $500 million or more on flippa, even though bright is not a very strong EMD.
I think $500Million is a bit too much for a site that makes its money from Job CPA offers. Adsense is more stable. He should use adsense and infolinks too.