Jul
22
So Many Holes in the Story…
July 22, 2008 | Leave a Comment
It stumps me as to how people come up with the guts to post some of the sites I see for sale, and even more so all the information (read BS) they provide to explain away what appears as a scam. The scam being a site that is sold under false pretense, most popular is […]
May
16
Read the Fine Print
May 16, 2008 | Leave a Comment
You’ve gotta love this. A person selling a website states revenue and traffic data, and it looks pretty good. Turns out that if you don’t read everything carefully, you might miss the fact that the data pertains to a different site with similar characteristics. You see these kind of shananagins (sp?) all the time. “Another […]
May
8
A few months back I bought a country music related site. I may have wrote about the first month’s results here, I’m not sure. In anycase, the second month was suspiciously less than expected. In march the site made about $30 from adsense. During April I hired some good writers and added […]
Apr
11
Website Owner’s Reluctance to Provide Data
April 11, 2008 | Leave a Comment
It goes without saying that you should have a concern if a website seller seems reluctant to provide any information required for due diligence. Some website buyers may not take this seriously.
Apr
4
One of my undergrad finance professors was discussing methods of analyzing corporate financial statements when he summarized one technique as spotting “the funny looking kid” in the crowd. Sometimes when looking at data, you may not know exactly what may be wrong, if anything, but you have to dig somewhere.