Quote:
Originally Posted by OldJeff
Make's me laugh how people value their porn sites like they are a public company or something. This is the most unstable business on the planet, billing rules constantly changing, always under scrutiny for possible closure by government, yet somehow people think they can get 100 grand for something that makes 2 grand a month, when it takes a grand to build something and 10 grand in traffic investment to get the same return.
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Yep. This.
There are approximately a zillion government programs which lead to up-valuation of public companies. Even student loans are structured to allow universities to play the market with their endowments. It's a completely different math problem.