Re: Formula for selling a site?
But you dont think the industry is declining to the point where you have personally given up on it. By buying up sites you are expanding what you have...right? Its really a question of those who can keep going and those who can't, or don't choose to. I suppose internet real estate..which is what websites are really...is like any other real estate in that do you fear that things will only get worse and try and get what you can for your property now, or do you wait and take the risk that things will get better and your property won't decline as much as you are being told it will.
I was talking to someone the other day who said that he is just going to put his sites in moth balls for a while and see where the industry goes rather than sell them for a price he knows isn't their value. According to him if he sold off his assets separately piece by piece..the domain, the content etc etc..he could get a lot more for it than if he just sold his site as a whole. I'm glad I don't have tons and tons of sites and have to make those kinds of decisions.
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