ResetEra - sold for $4.55 million

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Oblomov Boblomov
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PostRe: ResetEra - sold for $4.55 million
by Oblomov Boblomov » Fri Oct 15, 2021 2:37 pm

Victor Mildew wrote:
Oblomov Boblomov wrote:What's the GRcade turnover like these days? Are we rolling in it yet? One day it will be our claim to fame!


GG has just moved to a more expensive property.....

:capnscotty:

After everything GG has done for us (who could forget the great DDoS attack of 201...3?!) I honestly hope one day he becomes a millionaire off the back of our 'bumming' Google search fame.

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Green Gecko
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PostRe: ResetEra - sold for $4.55 million
by Green Gecko » Fri Oct 15, 2021 2:39 pm

I'll tell you now our present sales/ads turnover is about £60 per year (I checked adsense last night) because I haven't done a donations drive properly in ages, have never once encroached ads beyond that, and I don't classify donations as sales because there's no benefit, which is literally the case and that was the explicit agreement around concensus when Steve stopped paying for the site (which was like year 2 or something). I don't think people contributing to a site in a material way should pay for it via being commoditised as ad targets, because they are the website and fiscal support should be elective as they already contribute by creating content. That's because I'm capable of seeing value as something other than a dollar amount.

Of course that doesn't work long term (the costings at the moment I do need to sort out) but that's virtually infinitesimally small compared to what 500-700,000 a year.

As an asset GRcade is probably worth something (especially when we had several fold the traffic) but I am just not going to a luxury brand broker and costing that up. This community is not for sale.

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Skarjo
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PostRe: ResetEra - sold for $4.55 million
by Skarjo » Fri Oct 15, 2021 2:44 pm

So I think what you’re saying is… we’re all rich?

Karl wrote:Can't believe I got baited into expressing a political stance on hentai

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Green Gecko
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PostRe: ResetEra - sold for $4.55 million
by Green Gecko » Fri Oct 15, 2021 2:45 pm

Skarjo wrote:So I think what you’re saying is… we’re all rich?

In terms of accessing a dependable community that doesn't go away and the social value of that... Yes.

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Moggy
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PostRe: ResetEra - sold for $4.55 million
by Moggy » Fri Oct 15, 2021 2:46 pm

Green Gecko wrote:I'll tell you now our present sales/ads turnover is about £60 per year


I'm reporting you to HMRC for falsifying the accounts.

If we can't get fat cats like Bezos, we can at least get you. :x

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Skarjo
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PostRe: ResetEra - sold for $4.55 million
by Skarjo » Fri Oct 15, 2021 2:46 pm

Aw strawberry float we’re all poor as gooseberry fool.

Karl wrote:Can't believe I got baited into expressing a political stance on hentai

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Victor Mildew
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PostRe: ResetEra - sold for $4.55 million
by Victor Mildew » Fri Oct 15, 2021 2:48 pm

GRcade private space tourism when?

Hexx wrote:Ad7 is older and balder than I thought.
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Jenuall
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PostRe: ResetEra - sold for $4.55 million
by Jenuall » Fri Oct 15, 2021 2:48 pm

The real treasure was the friends we made along the way! :toot:








So yeah we're all poor as strawberry float!

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Skarjo
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PostRe: ResetEra - sold for $4.55 million
by Skarjo » Fri Oct 15, 2021 2:51 pm

How much for the site, dude?

Karl wrote:Can't believe I got baited into expressing a political stance on hentai

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Victor Mildew
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PostRe: ResetEra - sold for $4.55 million
by Victor Mildew » Fri Oct 15, 2021 2:51 pm

The please fund our server box at the bottom of the site really making me laugh, like a heckler at a comedy show.

Hexx wrote:Ad7 is older and balder than I thought.
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Green Gecko
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PostRe: ResetEra - sold for $4.55 million
by Green Gecko » Fri Oct 15, 2021 2:52 pm

:wub:

There is literally no way to classify donations as sales though because to sell something you bave to receive something you can itemise which for GRcade you cannot.

It would be completely different if we had something even as simple as a "supporter" tag.

I report the ad income annually and the expenses which is a net loss.

It still only matches the site's outgoings so it's totally non profit.

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site23
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PostRe: ResetEra - sold for $4.55 million
by site23 » Fri Oct 15, 2021 2:52 pm

Skarjo wrote:How much for the site, dude?

I'm not for sale.

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Victor Mildew
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PostRe: ResetEra - sold for $4.55 million
by Victor Mildew » Fri Oct 15, 2021 2:53 pm

Green Gecko wrote::wub:

There is literally no way to classify donations as sales though because to sell something you bave to receive something you can itemise which for GRcade you cannot.

It would be completely different if we had something even as simple as a "supporter" tag.

I report the ad income annually and the expenses which is a net loss.

It still only matches the site's outgoings so it's totally non profit.


We're not even letting Muslims on here now? You've gone full dictator GG!

Hexx wrote:Ad7 is older and balder than I thought.
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Skarjo
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PostRe: ResetEra - sold for $4.55 million
by Skarjo » Fri Oct 15, 2021 2:54 pm

site23 wrote:
Skarjo wrote:How much for the site, dude?

I'm not for sale.


So’s spaghetti til it gets wet.



No wait hold on.

Karl wrote:Can't believe I got baited into expressing a political stance on hentai

Skarjo's Scary Stories...
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Green Gecko
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PostRe: ResetEra - sold for $4.55 million
by Green Gecko » Fri Oct 15, 2021 2:55 pm

I offered site23 a bursary and he was so disgusted by the concept of renumeration he handed in the keys :cry:

Now winckle has to sit on discord all day waiting for that time the site crashes like once per year... Alone. A terrible fate.

Note: none of this is true but if I could I would pay the techs

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Jenuall
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PostRe: ResetEra - sold for $4.55 million
by Jenuall » Fri Oct 15, 2021 2:58 pm

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Green Gecko
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PostRe: ResetEra - sold for $4.55 million
by Green Gecko » Fri Oct 15, 2021 3:07 pm

Brb imagining winckle swearing kp mask.

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Garth
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PostRe: ResetEra - sold for $4.55 million
by Garth » Fri Oct 15, 2021 3:49 pm

Seems like the former staff had a different view on unpaid work:
This might be a good opportunity for me to clarify something.

Most former launch admins (Me, Zhuge, Nibel, Shinobi, Nicole) did not have any shares or ownership in Resetera. We weren't paid a cent. We definitely worked for free. That's one (of many) reasons we all left early.

Only the system administrators (Era's tech team) had shares/ownership in the company. By late 2018, the tech team sold their shares to Cerium and he became the sole owner.

https://famiboards.com/threads/resetera ... post-24785

Some of the current lot are coming across as very combative with the community, and very cliquey.

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Green Gecko
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PostRe: ResetEra - sold for $4.55 million
by Green Gecko » Fri Oct 15, 2021 4:32 pm

The tech team probably had shares and issued dividends as payment for their work. Unfortunately it's a common occurrence that rather than getting paid you work "pari passu" in terms of shares and the future dividends of those shares. But I've never been offered it or agreed to it, I'd want a salary for that kind of revenue AND shares if there's a lot of overtime involved.

Cerium just bought them out and then replaced them with some labour somewhere else while the cash pile grew.

This is one thing I don't like in society where projects like this just impose the same valuations on technical skills and science or whatever and the social side is completely ignored. The soft skills needed to actually keep a community alive are massively understated.

The guy's complaining about a situation he created for himself by being greedy. He sorted out appointing himself forum overlord amongst a room full of other people, and then mounted with the dreaded onus of responsibility he used that as a justification to duck out and make bank, and left everyone else in the room.

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Skarjo
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PostRe: ResetEra - sold for $4.55 million
by Skarjo » Fri Oct 15, 2021 4:56 pm

I swear to god if Cal ends up getting a paycheque out of all this…

Karl wrote:Can't believe I got baited into expressing a political stance on hentai

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