Quote:
Originally Posted by Shap
I have a bad feeling that the disappearing act is going to be very trendy in 2011  |
Hmmm, I was thinking that there was SOOO much cleanout in 2010 that there won't be as much to clean out in 2011.
Quote:
Originally Posted by seeric
i have seen it happen over and over, and so have you.
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I know a lot of people and programs have screwed people over but which ones have screwed people over and then come back with a new program and been successful? Or shit, just come back, whether successful or not.
Quote:
Originally Posted by MaDalton
what i don't understand is why people do not sell their businesses while they are still profitable. instead of running them down and squeezing the last drop out of it. but this is not something that happens only in adult internet, i saw the same in my mainstream job before i came here.
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Adult business values are lower than ever.
My guess is that the owners see that it is more profitable for them to stop paying webmasters and soak up the remaining billing rather than outright selling. Perhaps when they see that there are consequences to that decision, this will happen less often. But, I haven't seen many consequences thus far.
Quote:
Originally Posted by Shap
One word
GREED
I've talked to many guys who wanted to sell. They always way overvalue their product and believe they can do better. Then when they don't and then can't pay their bills they have no choice to rip us all off.
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Or they made a conscious decision to stop paying webmasters and keep all the billing for themselves as that would be more profitable than selling out in today's market.