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WickedFire webmaster forum worth $16 million? - 01-06-2007



Less than a year ago a Super Affiliate called Jon from the USA set up his own Internet marketing, affiliate webmaster forum. He was getting a bit sick of the over zealous moderators from other web forums so decided to launch his own. WickedFire was born.

Jon set the site up to be a "no holds barred" kinda place where people can chat and hang out with no fear of reprimand from the mods. Its not all laughs though as there's a serious side and some good advice and comments from the contributors. It has gained quite a following from its launch and most of the well known commentators/bloggers from the US are members. In a space of a few months it has nearly 3,500 members and close to 100,000 posts. A success by any standard.

However, today posted that he had an offer for $16 million for the forum! So is a forum that is around 6 months old, has nearly 3,500 members and generates zero revenue worth $16 million? It would seem it is to somebody.

Amazingly, Jon turned down the offer immediately. Check out the thread for yourself, the debate rages on and makes gripping reading.

What I'm listening to right now: James Brown (RIP) - "Funky Drummer"

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Re: WickedFire webmaster forum worth $16 million? - 01-07-2007

Hey you guys ... this sounds hauntingly familiar re motivation for starting a forum. Any offers here in the $16 million arena?

Wonder if Jon had to go along as part of the deal ... yeah dude, that's worseless!

Jon's cool ... glad he turned it down, but Jon if you take the money ... there's always another playground.
  
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Re: WickedFire webmaster forum worth $16 million? - 01-08-2007

If the affiliate community needs anything, it's a step away from everyone being mindless sheep. If you (the random reader) learn anything from this post, it's this: Please realize that people that are making money don't talk about it. They (dare I say "we") are either too busy, or they don't want the competition. If they do decide to share information, they're going to charge you for it. Notice I didn't say charge you for good information... paying money for information doesn't automatically make it valuable!

There is an exception to me selling you information though. If you're my friend and I trust you, I'll take you under my wing and look out for you; but I'm also ever aware that no amount of friends pays my bills. And as much as I love you, don't expect me to show you everything I'm working on. Envy's still a deadly sin, folks... between friends it's far more sinister.

Those of you that know me are well aware that I have an adult past. At one point, you probably saw most of my pay sites in the top 10 for every major adult SERPs though my various deals with Nightsurf, Inktomi's paid inclusion, etc. I've also sold a number of my 13,000+ domains for very large sums of money. Here's a recent Escrow transaction for one of my domains I sold end of December.

At one point, I was even sued by Microsoft for spam (being sued is not being guilty of). Shortly after ending that legal nightmare, my brother committed suicide and I decided that despite the easy money in adult, I was due for some serious soul searching. I still have a number of friends who own very large adult affiliate programs, but I've decided it's just not for me. Why you ask? Because I wanted to get away from people who all day claimed they were making millions and really weren't. I also got tired of spending hours on the phone with people telling me how many thousands of visitors they were going to send my way only to find out they were full of it. At some point I hope you guys realize that people that aren't making money are precisely the ones that are incessently preoccupied with it.

Next time you meet your mentor, why don't you take a gander at him and see how he's dressed. Every man that's ever made money at least has a decent watch, nice shoes, or a spiffy wallet. How about you ask him what kind of car he drives? Or where he lives? Not everyone making money has all these things, but perhaps you ask him what sort of nice things he's bought himself with all his mad cash. How about pictures of these nice things?

It seems like WickedFire is important to Jon and I respect him for that. The above paragraphs aren't intended to be personal commentary on him as a person, as I don't know him. For the record, I'll say that I believe him (as I would anybody) until he gives me reason otherwise. I'll even venture to say I am interested in meeting him next time we're all in Vegas... I'm buying the first round of drinks.

Let's talk numbers...
RevenueSource has been online since Oct of '04 and is one of several projects I'm involved in. For argument's sake, let's say that RS is net'ing (not grossing) $45,000 a month. If someone offered me $16 million for it, they'd get a return on their investment in 355.55 months, or 29.62 years. For RevSource, at 11794 registered members, that works out to $1356.62 per registered user.

Can anyone seriously say they would buy an entity that wouldn't give them a return on investment for 30 years?! Even if you halved that, it's still 15 loooong years. Would you pay $1360 per webmaster for RS's webmaster database? What about the $4718 per user for WickedFire's population of 3391 registered users?

What about a affiliate forum's potential value? My wife's grandfather used to say, "If hard worked paid off, donkeys would walk around with check books." Despite the hard work put into WF, two-times WF's zero current revenue is still zero. By comparison, two times our current revenue on RS is still quite a bit less than $16 million.

I have a unique viewpoint here because I actually own and operate an affiliate forum. We actually are profitable with RevSource and I'd take less than $16 million without hesitation. Any takers?? You can call me a "sellout," but I'd still be a rich sellout relaxing on a beach somewhere.

Last edited by RS Tom : 01-08-2007 at 08:32 AM.
  
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Re: WickedFire webmaster forum worth $16 million? - 01-08-2007

Shawn from Digital Point likes the math behind the numbers...

Congratulations on getting several significant incoming links for your Google PR, Jon.

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Re: WickedFire webmaster forum worth $16 million? - 01-08-2007



Is it PR points that earn the congrats or perhaps it's more about what I saw at DP in their keyword driven Google ad ... maybe it's more about a congrats on making your ad pay off in new members?!!

BTW RSTom, that was a very well phrased response. I can only think of one buyer that I know for sure has made stupid offers like that, and it's my hope to sell him something someday.
  
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Re: WickedFire webmaster forum worth $16 million? - 04-02-2007

Thank you once again for opening our eyes, its true no matter how many friends one has they don't make one rich, but I would definitely like to contribute something to this forum -- something like sign-ups or whatever to pay you guys back for the support you offer.

I would like to see something like this other forum *you know which one* - the forum sends out sign-up emails to its members - I don't see any of those yet.

I would gladly sign up with advertisers who are already on the Affiliate Networks I'm part of , if RevenueSource recommends them.

I do hesitate signing up with independent advertisers (not part of networks) - I don't like creating too many accounts :)

Anyway, right now none of my Ads are kicking off , sooooo it will take me a while before I complete my coupons site ...... while I'm re-hunting for another job --- this time I promise to stay in the job no matter what -- ugh --- deep in my soul - I don't like working for others :-(
  
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Thumbs up Re: WickedFire webmaster forum worth $16 million? - 04-12-2007

Quote:
Originally Posted by RS Tom View Post
I have a unique viewpoint here because I actually own and operate an affiliate forum. We actually are profitable with RevSource and I'd take less than $16 million without hesitation.
Figures attract attention, even exaggerated figures. Figure out anything - people like "7 simple rules of anything" the same way you like $16 million as an occasion to make your post.


I AM AFFILIATE of too many affiliate programs - :) read my affiliate blog!
  
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Re: WickedFire webmaster forum worth $16 million? - 04-24-2007

Is the site legal? I was dealing with the guys from Dayjob Killer and sounds like they are pursuing them for illegally posting ebooks on the site.
  
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Re: WickedFire webmaster forum worth $16 million? - 05-10-2007

I have visited his forum. He did post the free ebooks and also challenge people to sue him.

Hmm. I do wonder why he does not accept $16M. That is a good retirement amount for most people

Who you accept the money and give up your forum?
  
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Re: WickedFire webmaster forum worth $16 million? - 05-11-2007

He hasn't sold because he didn't really get the offer.

If I made such a claim, I'd ask for the offer in writing and then post screenshots for the forum to review. Companies don't come in and one-shot offer $16 million for a newly established site. Even if every registered user there signed up for an affiliate program, it wouldn't make anywhere near $16 million in returns or ad revenue.

I won't say he's full of it... actually, yes I will.
  
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Affiliate Marketing Blog from UK Offer Media: WickedFire webmaster forum worth $16 million? This thread Refback 01-08-2007 02:45 PM
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