90M Sale.

Photolog.com
– 2.5 Million in revenue this year and operating at a loss.
– Huge in latin America with
– 90M Sale to french media company  Hi Media.

Pretty good sale for a photo gallary site….

http://www.paidcontent.org/entry/419-photo-sharing-site-fotolog-acquired-by-french-company-hi-media-report/

6 Responses to “90M Sale.”

  1. Joshua Says:

    Sell *cough* sell.

    Feel free to shoot me a nice commission for this billion-dollar advice!

  2. Mayo Says:

    Sell till the shopping frenzy is still on!

    In your place i would not sell only when i would make 20-30MM in profit p.a., but with this kind of prices it is simply no-brainer to sell it off, cash in some 200-400MM and put it in multiple international investment funds and reap EVERY YEAR a 15%-25% margin on that cash (that is some 30-80 M I L L I O N u.s. dollars a YEAR!!!)

    Now put a power of compounded force and you are talking BILLIONS of dollars in your life span!

  3. Prateek Dayal Says:

    This is pretty great …

    I am sure Markus you can make much more if you want to sell. However reading you blog, I know you are having way too much fun doing it on your own and won’t sell so easily.

    You are an inspiration to all of us. I have started a website for music learners/amateurs … a kind of community where you can share your music and learn from each other. Its called http://www.muziboo.com. The revenue model is ads🙂

  4. Maxo Kapanadze Says:

    It’s not all about the money, it’s a creation, a child which is part of your life. I am sure Markus is earning enough to live a joyful life. Change the world and make it a better place to be – that’s what it’s all about.

  5. Andrew Johnson Says:

    Is their only advertising revenue from Adsense?

  6. Jonathan Frate Says:

    this was not a sale. read the fine print, this was a stock deal…

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