^This.
It's nowhere near worth 5 figures considering it's massive downwards trend. The code is fairly simple to replicate. I am pretty sure that in about 1 week I could recreate the entire site in Java or C#, and I'm not even well trained at this stuff right now.
So basically, you're buying the brand and SEO. The site still hits really high on searches, and the brand makes all of us keep logging on. With the brand terribly fleeting, alone with the market in which the site originally sits, it's likely not anywhere near 7500.
With some work on branding, advertising and marketing, including some more updates and innovation, sure, we could see something happening that turns it into a more profitable site. But no one's working on that stuff.
Just if we think in simple terms, I absolutely hate it as I never really got into the iPhone craze, but in major websites you have your menu now signalled by the three horizontal lines. This is clear everywhere. LB has the globe for some reason. It's just about adopting the website to modern times, and then crafting out a piece of innovation which frankly is in an unexplored market.
No one is doing rap battle stuff anymore, even though the actual rap battle market is booming.
LB needs to be more shiny and glossy in it's appearance. That's what people want in 2017. Websites are all typically laid out the same, and that's because the market has pushed that direction. Because of the warping of people's minds through bytesized information like Twitter and Reddit, no one wants complexity. No one wants to "figure it out". LB needs to be insanely accessible and open for rapid use of the site. Currently, it's not. We'd still need to explain to people what to use.
I'd love to get full control of LB cause I honestly think I'd be able to do a lot with it based off the structure and combining ideas of what makes LB currently / formerly great and what people want in 2017 for a website. But alas, I'm broke as fk
