Quote:
Originally Posted by xxxjay
Be glad I jumped off a drowning ship in time to still get a nice chunk of change. AFF bought the network for a nice sum.
I am taking the profit from the sale and rolling it into a dispensary (legal weed - I see that as a growth industry!).
On a sidenote, this experience has taught me that there are a lot of motivated buyers willing to give you a 2 to 5 time multiple on your earnings. If you have questions, contact me off the boards jay@jqmedia.org or 62835707 |
Consolidation is inevitable.
The internet is no longer an interconnection of thousands of peering networks... it is made up of 150 backbone providers, of which a minority control the majority of traffic.
Many websites are being scooped up by aggregators, and large media companies are gaining hold of greater percentages of websites. Just look at how facebook/myspace/twitter/youtube have all overtaken porn for the number1 sites on the internet.
Instead of porn being a great big ocean where anyone can make a good living, it's quickly becoming a market where a handful of porn empires will control the content and the cash.
I just hope I can build up my own empire before it's too late!