Seems interesting but need more info. Besides for capital investment would we need to maintain the site as well or not?
If now, who will? Do you have any coding background/experience?
The site works 100%
The current owner is allowing me to remain on his hosting plan 3 months and to provide as needed support.
I work from home and own a few sites, my main source is my books and antique and metaphysical store at
http://ubbbk.com I am not a "coder" He showed me the backroom. It is Php 5.3 mysql 5. pdo which I have some knowledge in. As Is said, the work that I would want to do is simple. I want to ad some ads to the free side and change premium from $165/yr to $10/yr
That is all. I will ad a chat that is the same chat I use for my website and several other sites like
http://antilyze I think purechat.com is updating servers tonight so the chat may not be on either site this minute but it will be later today. I would offer support for the site and advertise.
If I buy the site for the entire 2.6 myself, I am handicapping myself with funds a little bit. Would rather keep a btc back for advertising it once I'm done with changes. Site has over 100 users but only one bought the $165/yr upgrade when it came out of beta. For a month I was using the site daily and it became a homepage of sorts for me. Very helpful for what I do, saving me possibly an hour a day. But I could never see it being worth the $165 so I emailed support and struck up an email chat with the owner and I told him that I never spend any money... I always look for free sites but I said, $165 I could never pay for. i said but if it would have been $10/yr. I would not have thought twice and I wondered how many of the 100 free users would also have bought it for $10 after they (like me) used the premium features through all of beta.
In that conversation, owner named his focus projects (3 other sites) and said this was one he didn't have time for... Then we talked price a bit and ultimately I got him to $1000. My request for an investor is... in my opinion a good one because it is no risk. I am very public, my name is not fake, i would show you id or passport and utility bills to the home I own in California. If at the 6 month mark, you were unhappy with site movement.... You would get back investment plus 10% so 1.1 on 1.0 investment or 2.2 on 2.0 investment or 3 on 2.6 invested. That is if you decided to walk.
If the site is making money, you can also choose to be 10% owner (on 1.0 invest) at that point (for life) or if you invest (2.6 btc) then I would give you 30% of revenue. So, my goal to start would be 100 paid members in 6 months. $10 would be $1000 with no ad profit included. Then the domain is paid and all our costs are is the $9.99 price of renewal/year of the domain. So, if at the end of the year we had 500 paid users that would be $5,000. Also, if at the 6 month point, if investor stays in, the first money made will go back to investors investment.
