Comments on: The Webmaster Delusion http://midascode.co.uk/blog/the-webmaster-delusion/ Websites For Sale | Sell My Website | Sell A Website | Sell Domain Names Fri, 02 Apr 2010 01:05:18 -0400 http://wordpress.org/?v=2.8.4 hourly 1 By: midascode http://midascode.co.uk/blog/the-webmaster-delusion/comment-page-1/#comment-3458 midascode Mon, 10 Dec 2007 15:50:41 +0000 http://midascode.co.uk/blog/the-webmaster-delusion/#comment-3458 Sophie, We get those kinds of responses all the time. It is funny and scary at the same time. Apparantly everyone on the net is a paper millionaire! Midascode Sophie,

We get those kinds of responses all the time. It is funny and scary at the same time.

Apparantly everyone on the net is a paper millionaire!

Midascode

]]> By: Sophie http://midascode.co.uk/blog/the-webmaster-delusion/comment-page-1/#comment-3453 Sophie Mon, 10 Dec 2007 15:02:06 +0000 http://midascode.co.uk/blog/the-webmaster-delusion/#comment-3453 Wow, such a breath of fresh air to read this! I just put an offer in this weekend on a small, low-traffic site. Now, I probably underestimated the value a bit, offering him a few hundreds dollars, and I expected the owner to make a counter-offer of a few hundred dollars more, and we'd meet in the middle. His counter-offer was $600,000. No kidding. I thought he was joking at first, until I read his detailed explanation. The site makes about $100 in advertising, and he thinks he can grow it to 50 times that, and then that money multiplied over five years gives him... I have been laughing my head off about it all morning. WHY do people think that you're gonna pay hundreds of thousands of dollars for a little website when you could buy a whole developed real-life business for that?! Wow, such a breath of fresh air to read this! I just put an offer in this weekend on a small, low-traffic site. Now, I probably underestimated the value a bit, offering him a few hundreds dollars, and I expected the owner to make a counter-offer of a few hundred dollars more, and we’d meet in the middle.

His counter-offer was $600,000. No kidding.

I thought he was joking at first, until I read his detailed explanation. The site makes about $100 in advertising, and he thinks he can grow it to 50 times that, and then that money multiplied over five years gives him…

I have been laughing my head off about it all morning. WHY do people think that you’re gonna pay hundreds of thousands of dollars for a little website when you could buy a whole developed real-life business for that?!

]]>