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Nucker wrote:1) Is Wham open to an offer?
2) Unrealistic expectations also kill things off. I have often seen a thing of diminishing value fall to worthless as owners cant adjust or accept the reality of the situation.
With falling user numbers, revenue is falling as well. The 50.000 the site has revenued thus far will soon be a thing of the past.SoN!c wrote:Nucker wrote:1) Is Wham open to an offer?
2) Unrealistic expectations also kill things off. I have often seen a thing of diminishing value fall to worthless as owners cant adjust or accept the reality of the situation.
Unless you go for the Nut that pays the inflated value. Why sell at 50.000 dollars as the site has revenued that amount time an time again already. Sell for 5.000.000 or nothing (and "nothing" is "break even with triple the profit by now"). it's called "betting".
MichelSableheart wrote:With falling user numbers, revenue is falling as well. The 50.000 the site has revenued thus far will soon be a thing of the past.SoN!c wrote:Nucker wrote:1) Is Wham open to an offer?
2) Unrealistic expectations also kill things off. I have often seen a thing of diminishing value fall to worthless as owners cant adjust or accept the reality of the situation.
Unless you go for the Nut that pays the inflated value. Why sell at 50.000 dollars as the site has revenued that amount time an time again already. Sell for 5.000.000 or nothing (and "nothing" is "break even with triple the profit by now"). it's called "betting".
Doing some back of the envelope calculations, at 4000 active users on the scoreboard, with premium at 31 dollars, and roughly 40% of active users paying premium (guessing from the scoreboard), we are currently roughly at that 50.000 dollar gross annual revenue. With the 10% falling user numbers we observe, this will be the last year 50.000 gross revenue revenue is achievable. It will be below 30.000 in 6 years.
Business valuation is an art, and I don't have expertise on the subject. Still, it seems to me that, if you have a good businessplan to stem the user bleeding, it should be possible to make a reasonable offer that covers enough expected future profit to make selling worth it for Wham. Such an offer will admittedly be higher then 50.000, but far, far lower then 5.000.000
SoN!c wrote:Spend 25.000 in a new website look and interface and you will get a lot more.. or not
Nucker wrote:I dont know the numbers on Hasbros risk site/app. But I do know it is way way higher than this site, in the tens of thousands more.
Davie.K wrote:3,993
Nucker wrote:Being a Real Estate broker specializing in the City Centre, I have a solid foundation for the art of valuation.
If $50 000/year is correct and I think this figure is close, then;
A company that has been going at least 5 years can be given 12 months/1 year income as the price, plus any stock or in this case, Intellectual property such as coding costs etc. But these have already been amortized in the business as Wham bought it "as is" essentially from somebody else.
CC has been around longer than 5 years for sure and as such should be a more stable investment. However without an injection of capital and intellectual resource, it is declining, as this thread states.
Given this I would not value it higher than 24 months/2 years being $100 000.
Should Wham be interested in finding a buyer, I am sure I could facilitate the exchange to a willing buyer who can effect the changes desperately needed.
Before the likes of Dominating 12, Major Command or some other bright person capitalizes on the opportunity and really kills CC in the water
Thank you
TeeGee wrote:Davie.K wrote:3,993
IcePack wrote:Soon people will accuse him of bussing players in from other states
Torbjorn666 wrote:After leaving the site, I decided to give it a go again for a 3 month subscription but that was a mistake. There is no way the site can keep grown up customers with jobs who can pay for subscriptions because the place is full of manbabies. It would be very straightforward to create a "no chat" option and people who have no time for their bullshit would stay on.
Torbjorn666 wrote:After leaving the site, I decided to give it a go again for a 3 month subscription but that was a mistake. There is no way the site can keep grown up customers with jobs who can pay for subscriptions because the place is full of manbabies. It would be very straightforward to create a "no chat" option and people who have no time for their bullshit would stay on.
Kingm wrote:Torbjorn666 wrote:After leaving the site, I decided to give it a go again for a 3 month subscription but that was a mistake. There is no way the site can keep grown up customers with jobs who can pay for subscriptions because the place is full of manbabies. It would be very straightforward to create a "no chat" option and people who have no time for their bullshit would stay on.
I came back about a month ago, after I had an almost10 year long break, I also decided to start with a 3 month sub. But I have not regretted it at all, already just as hooked as I was back in the day. Just a bit sad that the site does not have as many players as before, I remember there was atleast a couple new community hosted tournaments a day, now it seems we are lucky if there is a new one a week. Found autotournaments, so I joined a couple of them, but they look just as dead, none of them have started since I joined about a week ago.
But I am having suck a good time, so I know I will buy a 12 month sub as soon as the 3 months run out.
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