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Unread 10-04-2016, 11:53 PM
Godbody
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Quote:
Originally Posted by Mindless View Post
He just payed 5k or something to Russians to fix this shit. He's not going to take 2k. Probably more like 15 or 12 and you might get his attention. Even then you're probably going to have to put another 15 or so into it to get the site updated to where it really needs to be.
He didnt pay nobody shit unless you have a screenshot of the receipt or until we see new features on this bitch. that's hearsay

he definitely wouldnt want 12k or at least he couldnt pull that shit on a sensible person, since people usually do extensive research before a big purchase. 5 minutes of research on Letsbeef.com and I can tell you now that this site doesnt even pull $200/month in ad money. lmao. if its pulling any kind of money at all its from people that forget they're paying for exclusive and get charged for it on their credit card (idk if thats how it works here i never paid for exclusive)

usually you calculate a site's worth/company's worth based on a formula. im not sure what that formula is, as its different for every industry but its based on revenue

so when a company is valued at $1 bil it doesn't necessarily mean they make a billion. but if they make $100 mil a year, you know they'll hit $1 bil in 10 yrs. less if there's growth. you could use a formula that basically infers your company can earn $1 bil if its current success is sustainable

given LB probably doesn't even make $200/month, i don't see what kind of formula values LB at 12,000. especially given that 5k+ will have to be invested to revitalize the site and potentially turn a profit

Last edited by Godbody; 10-04-2016 at 11:55 PM.
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Unread 10-04-2016, 11:53 PM   #28
 
Godbody
Summer Champion
Discord Battler
Estimated Skill in Audio: 8.27/10 starsEstimated Skill in Audio: 8.27/10 starsEstimated Skill in Audio: 8.27/10 starsEstimated Skill in Audio: 8.27/10 starsEstimated Skill in Audio: 8.27/10 starsEstimated Skill in Audio: 8.27/10 starsEstimated Skill in Audio: 8.27/10 starsEstimated Skill in Audio: 8.27/10 starsEstimated Skill in Audio: 8.27/10 starsEstimated Skill in Audio: 8.27/10 stars
Ranked Audio Record
57 Won / 5 Lost
Estimated Skill in Text: 8.27/10 starsEstimated Skill in Text: 8.27/10 starsEstimated Skill in Text: 8.27/10 starsEstimated Skill in Text: 8.27/10 starsEstimated Skill in Text: 8.27/10 starsEstimated Skill in Text: 8.27/10 starsEstimated Skill in Text: 8.27/10 starsEstimated Skill in Text: 7.67/10 starsEstimated Skill in Text: 7.67/10 starsEstimated Skill in Text: 7.67/10 stars
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22 Won / 5 Lost
 
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Quote:
Originally Posted by Mindless View Post
He just payed 5k or something to Russians to fix this shit. He's not going to take 2k. Probably more like 15 or 12 and you might get his attention. Even then you're probably going to have to put another 15 or so into it to get the site updated to where it really needs to be.
He didnt pay nobody shit unless you have a screenshot of the receipt or until we see new features on this bitch. that's hearsay

he definitely wouldnt want 12k or at least he couldnt pull that shit on a sensible person, since people usually do extensive research before a big purchase. 5 minutes of research on Letsbeef.com and I can tell you now that this site doesnt even pull $200/month in ad money. lmao. if its pulling any kind of money at all its from people that forget they're paying for exclusive and get charged for it on their credit card (idk if thats how it works here i never paid for exclusive)

usually you calculate a site's worth/company's worth based on a formula. im not sure what that formula is, as its different for every industry but its based on revenue

so when a company is valued at $1 bil it doesn't necessarily mean they make a billion. but if they make $100 mil a year, you know they'll hit $1 bil in 10 yrs. less if there's growth. you could use a formula that basically infers your company can earn $1 bil if its current success is sustainable

given LB probably doesn't even make $200/month, i don't see what kind of formula values LB at 12,000. especially given that 5k+ will have to be invested to revitalize the site and potentially turn a profit

Last edited by Godbody; 10-04-2016 at 11:55 PM.
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