Comments on: Plaxo for Sale?

By: MB Web Design

MB Web Design — Wed, 25 Jun 2008 12:03:21 +0000

$100m for an ‘online Rolodex’ who have never turned a profit. Nothing ventured, nothing gained I suppose, but how wise would it be to plunge that kind of money into a business like this with none of the fanfare of similar sites – Myspace, Facebook et al. The brand recognition is zero – not one non-techy person I know has heard of it.

By: Tom Melde

Tom Melde — Sun, 06 Jan 2008 21:10:50 +0000

But in any case, former owners have made quite good bargain

By: Alan Johnson

Alan Johnson — Sun, 06 Jan 2008 19:14:23 +0000

Indeed, if only a small percentage of these users are actually active then such a website is definitely not attractive, even with a much lower price tag.

Alan Johnson

By: Tom Melde

Tom Melde — Sun, 06 Jan 2008 17:35:18 +0000

Question in that, how much from these 15 millions “dead souls”?
And I speak about long-term prospect …

By: Wooden Pete

Wooden Pete — Sun, 06 Jan 2008 16:56:10 +0000

$100m could be a bargain. With 15 million registered users i don’t understand how they haven’t made a profit. In the right hands a business like that should easily be able to turn a profit, and i’m sure it would if it was bought by a company with a more agressive marketing philoshophy.

By: Tom Melde

Tom Melde — Sun, 06 Jan 2008 09:39:18 +0000

Agree, the laws of business nobody cancelled. And the expenses are absolutely not commensurable with offline business. With it also involves Internet . But it seems that having enclosed this money in offline business in far prospect the profit will be more stable and more

By: Alan Johnson

Alan Johnson — Sat, 05 Jan 2008 18:58:51 +0000

An online business can cost you as much as you’re willing to pay

If you meant that the costs of starting such a venture can be low compared to brick&mortar businesses then yes, that is definitely the case, at least most of the times.

Alan Johnson

By: Tom Melde

Tom Melde — Sat, 05 Jan 2008 13:44:30 +0000

And it seems, that online business does not cost so much …

By: Steven Bradley

Steven Bradley — Fri, 04 Jan 2008 18:31:06 +0000

I don’t have 15 million registered users, but my business does turn a profit. Anyone want to make me an offer? I’ll even settle for $20 million. Ahh…retirement.

By: Alan Johnson

Alan Johnson — Fri, 04 Jan 2008 03:54:57 +0000

You should really feel more than confident about yourself and the business model you have in mind in order to pay $100m for a company which has yet to turn a profit, even with 15 million registered users.

Alan Johnson