How much to buy Letsbeef

[Louie Dawgs]

I don't know precisely how the ownership of this site breaks down, but I don't really think that someone paying outright for the site makes a lot of sense.

The most sensible way in my mind is for a group of individuals to submit a proposal to X to work on the site. Most likely this will be a group of programmers. This proposal will probably be for a certain percentage of equity in the site, which is received upon completion. X doesn't really lose anything as he's already (presumably) losing money on the site and may close it down anyway, and the team doesn't have to pay up front for a losing product. At that point, any sort of larger ownership deal can be arranged between the two parties.

This protects the buyer from paying for a site that may well go under, and provides X with an easy potential escape route out of a losing situation.

[Louie Dawgs]

I don't know precisely how the ownership of this site breaks down, but I don't really think that someone paying outright for the site makes a lot of sense.

The most sensible way in my mind is for a group of individuals to submit a proposal to X to work on the site. Most likely this will be a group of programmers. This proposal will probably be for a certain percentage of equity in the site, which is received upon completion. X doesn't really lose anything as he's already (presumably) losing money on the site and may close it down anyway, and the team doesn't have to pay up front for a losing product. At that point, any sort of larger ownership deal can be arranged between the two parties.

This protects the buyer from paying for a site that may well go under, and provides X with an easy potential escape route out of a losing situation.