Exciting announcement for KB!!!

**Ixion** · 23rd April 2007, 19:28

Originally Posted by Hitcher

Serious question? It's got to be worth at least $1 million Kiwi, or equivalent.

Well take a multiple of 20 times earnings as a start point. Though of course in the height of the dot com frenzy earnings didn't mean anything. But I'm old fashioned.

**Disco Dan** · 23rd April 2007, 19:30

hehe I think I should dress up like Emily Howard and give Finn a big kiss down the pub in front of all his mates....

Would that make everyone feel better? or just me?

**cowpoos** · 23rd April 2007, 19:37

Originally Posted by Paul in NZ

What? Like spongebob square pants?

have u seen his profile pic??? its acctually him!!

**Finn** · 23rd April 2007, 19:40

Originally Posted by Hitcher

Serious question? It's got to be worth at least $1 million Kiwi, or equivalent.

You've got to be kidding.

It's not a business (i.e. no revenue) so it wouldn't attract such a figure. If it was, based on market value of technology based businesses, it would have to have an EBIT of around $200,000 PA. As it is it's currently running at a loss as Spank has to fund it with some help from members, not to mention the time he puts into it.

If a value were to be put on it, it would have to be based on the potential for it to earn money but herein is the problem. I think if it were to be turned into a business, it would go downhill. However, limited advertising (subtle, without being in our faces) would pay for the running costs and upgrades etc.

**_STAIN_** · 23rd April 2007, 19:46

Originally Posted by SpankMe

Well this got boring fast.

well peple get your credit cards ready and seems spankie is about to buy a car......

**SpankMe** · 23rd April 2007, 19:47

Originally Posted by Hitcher

Serious question? It's got to be worth at least $1 million Kiwi, or equivalent.

I don't think so. I wish, but it's only worth what someone is willing to pay to be the person who controls the site as it does not have the user base required to make any money.

**merv** · 23rd April 2007, 19:59

OK so is this coming back out of the joke forum then?

Finn if you are serious and SpankMe you want the change then I'll support both of you - emotionally that is - though I have and can remain a willing financial contributor to a degree.

**mikey62** · 23rd April 2007, 20:05

Haven't been on KB for long but have learnt to read multi page threads before quickly posting a comment. Have to admit had me going in the first page or 2 until I saw where the thread was listed. Excrement !

**cowpoos** · 23rd April 2007, 20:06

Originally Posted by SpankMe

the site as it does not have the user base required to make any money.

or porn...............

**Ixion** · 23rd April 2007, 20:08

We could probably muster a few goats amd some sheep. And lots of jelly. That's a start.

**Hitcher** · 23rd April 2007, 20:09

Originally Posted by SpankMe

I don't think so. I wish, but it's only worth what someone is willing to pay to be the person who controls the site as it does not have the user base required to make any money.

It depends if users got charged an annual sub or not (that's currently voluntary based on people's willingness/ability to pay). But looking at say 2,000 paid-up members at $100 each a year, over five years' projected earnings... Of course there are overhead costs that need to be deducted from this, but there would be no need for banner ads or other overtly commercial overtones to detract from the site's current ambience. And it would be a better deal than an Greenacres lawn-mowing franchise.

One could also register the business in the Cayman Islands, remit all of the income to an account there and live tax-free in New Zealand on a VISA card (GST notwithstanding).

**cowpoos** · 23rd April 2007, 20:11

Originally Posted by Ixion

We could probably muster a few goats amd some sheep. And lots of jelly. That's a start.

I got jelly!

**cowpoos** · 23rd April 2007, 20:13

Originally Posted by Hitcher

It depends if users got charged an annual sub or not (that's currently voluntary based on people's willingness/ability to pay). But looking at say 2,000 paid-up members at $100 each a year, over five years' projected earnings... Of course there are overhead costs that need to be deducted from this, but there would be no need for banner ads or other overtly commercial overtones to detract from the site's current ambience. And it would be a better deal than an Greenacres lawn-mowing franchise.

One could also register the business in the Cayman Islands, remit all of the income to an account there and live tax-free in New Zealand on a VISA card (GST notwithstanding).

right......hmmmm.....well...wouldn't sportsbike have an explosion of members then!!!