ResetEra - sold for $4.55 million

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KK
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PostRe: NeoGAF owner accused of sexual assault - spin-off site Resetera launched
by KK » Thu Jan 18, 2018 2:44 pm

Lagamorph wrote:Open up ResetEra on my phone now that the maintenance is complete.
Almost immediately get redirected to the Play Store app to download the Coral gambling app.

A lot of supposedly reputable websites are pulling this type of scam on mobile devices. Saying you've won a prize courtesy of your ISP is another one. You have to fill in a mandatory survey or refresh the page. Just real low rent stuff now.

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jawafour
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PostRe: NeoGAF owner accused of sexual assault - spin-off site Resetera launched
by jawafour » Thu Jan 18, 2018 2:50 pm

I'm ready for GRcade Pro. $5 per month to display the forum in full 1080p :datass: .

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Preezy
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PostRe: NeoGAF owner accused of sexual assault - spin-off site Resetera launched
by Preezy » Thu Jan 18, 2018 3:03 pm

jawafour wrote:I'm ready for GRcade Pro. $5 per month to display the forum in full 1080p :datass: .

And they send you a free toilet roll to put in your fridge :toot:

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PostRe: NeoGAF owner accused of sexual assault - spin-off site Resetera launched
by Garth » Thu Jan 18, 2018 3:05 pm

Lagamorph wrote:
Hi, I apologize for any confusion in this area. As we are incorporated as an LLC and not a nonprofit it has always been possible that we might eventually take a profit. We don't want to assume too much while we're still in the red, and we have site priorities we are committed to seeing addressed, but our existence as an LLC and a business is not a secret.


Yes we're going to make a profit but strawberry float off asking where it goes.

At last! Yeah, they weren't being secretive about it at all! :simper:

it has always been possible that we might eventually take a profit. We don't want to assume too much while we're still in the red

That sounds pretty disingenuous to me. Evilore was raking it in on ads alone, Resetera has ads and subscriptions.

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PostRe: NeoGAF owner accused of sexual assault - spin-off site Resetera launched
by Moggy » Thu Jan 18, 2018 3:10 pm

jawafour wrote:I'm ready for GRcade Pro. $5 per month to display the forum in full 1080p :datass: .


That's great, except Photek will then spend all of his time telling us how his Xbox One X upscales the forum to 4K.

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Victor Mildew
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PostRe: NeoGAF owner accused of sexual assault - spin-off site Resetera launched
by Victor Mildew » Thu Jan 18, 2018 3:15 pm

:lol:

With a picture of his face

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PostRe: NeoGAF owner accused of sexual assault - spin-off site Resetera launched
by OrangeRKN » Thu Jan 18, 2018 5:06 pm

The deliberately obtuse way the staff there are handling questions about monetisation, coupled with the ridiculous price, seems scummy as hell. It seems like the admins there are going to get very rich off the back of people "donating" money to "support the site". Language like that makes it sound like the community are being asked to cover the running costs when I doubt that's going to be the situation.

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Lagamorph
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PostRe: NeoGAF owner accused of sexual assault - spin-off site Resetera launched
by Lagamorph » Thu Jan 18, 2018 5:25 pm

I haven't read through the whole thread, but I have seen a few comments referring to the admins making jokes in response when someone has asked about where the additional money will be going.
There's absolutely going to be a profit after covering site costs, and it's not going to be an insignificant one. It'll probably get justified as a "salary" for the admins or something along those lines.

They'd do far better to just hold a monthly poll to decide on a charity to donate any money leftover after running costs from the previous month to, I'm pretty sure the community would eagerly rally around that idea.

As it stands I highly doubt there'll be any transparency on just how much money ads and subscriptions are bringing in, nor what the running costs are. Then again even if they did release numbers I don't think the current behaviour would make those numbers trustworthy.

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PostRe: NeoGAF owner accused of sexual assault - spin-off site Resetera launched
by Mafro » Thu Jan 18, 2018 6:13 pm

Have they bothered to say what the actual monthly cost of the server are?

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Green Gecko
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PostRe: NeoGAF owner accused of sexual assault - spin-off site Resetera launched
by Green Gecko » Thu Jan 18, 2018 6:53 pm

I don't see anything wrong with taking a gross profit in return for expert dev/management (as technically that isn't a net profit, it's an operating cost, everyone deserves to get paid for work they do if it's valuable) but given how long it has been going they need to be very transparent about what that actually is.

Obviously I've looked into this and the most sensible thing is to put into the company policy that there is a significant % say 50 or 70% net profit must be re-invested, that's how for example a community interest company works in the UK but the US don't have those. It's called a community asset lock, the owners can't withdraw from it.

I suspect they won't spend any money re-investing in stuff like ads and just expect the site to live forever because GAF and stuff. These are all things we can also face so yeah it's interesting. If they are taking money they will have the resources to build on the sites features and make it distinctive, something we don't currently have.

Not sure why anyone would be surprised though as GAF was/is also a private business that generated a lot of money. Plus it's America.

Having said that, people are free to just not pay the subscription and block ads so whatever, it's not the most insidious thing even if $4 converted to GBP is rather high for what it is - it is just a forum at the end of the day with no redeeming features compared to other sites.

It doesn't sound like they've thought about what the money would be used for before asking for it, or if they can justify it professionally apart from just deleting some posts here and there. They should have some kind of policy for that, otherwise why would anyone want to pay it?

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Lagamorph
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PostRe: NeoGAF owner accused of sexual assault - spin-off site Resetera launched
by Lagamorph » Thu Jan 18, 2018 9:08 pm

Green Gecko wrote:I don't see anything wrong with taking a gross profit in return for expert dev/management (as technically that isn't a net profit, it's an operating cost, everyone deserves to get paid for work they do if it's valuable) but given how long it has been going they need to be very transparent about what that actually is.

Obviously I've looked into this and the most sensible thing is to put into the company policy that there is a significant % say 50 or 70% net profit must be re-invested, that's how for example a community interest company works in the UK but the US don't have those. It's called a community asset lock, the owners can't withdraw from it.

I suspect they won't spend any money re-investing in stuff like ads and just expect the site to live forever because GAF and stuff. These are all things we can also face so yeah it's interesting. If they are taking money they will have the resources to build on the sites features and make it distinctive, something we don't currently have.

Not sure why anyone would be surprised though as GAF was/is also a private business that generated a lot of money. Plus it's America.

Having said that, people are free to just not pay the subscription and block ads so whatever, it's not the most insidious thing even if $4 converted to GBP is rather high for what it is - it is just a forum at the end of the day with no redeeming features compared to other sites.

It doesn't sound like they've thought about what the money would be used for before asking for it, or if they can justify it professionally apart from just deleting some posts here and there. They should have some kind of policy for that, otherwise why would anyone want to pay it?

The issue the community are having with it is that ResetEra was founded on the basis of being more open and transparent in order to avoid the problems of Neogaf (And like gullible fools the userbase believed that).
It's turning out that openness and transparency is actually to dodge questions about where the money will be going, or making jokes about it.

Lagamorph's Underwater Photography Thread
Zellery wrote:Good post Lagamorph.
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Green Gecko
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PostRe: NeoGAF owner accused of sexual assault - spin-off site Resetera launched
by Green Gecko » Thu Jan 18, 2018 9:36 pm

Well the grass is greener on the other side, I fully expect ResetEra to corrupt at some point, there's something weirdly facetious about the whole thing. Reminds me of those pirate WoW servers. Rllmuk is hilarious the sheer degree of bureaucracy for its size so it swings both ways.

"It should be common sense to just accept the message Nintendo are sending out through their actions."
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PostRe: NeoGAF owner accused of sexual assault - spin-off site Resetera launched
by Mafro » Thu Jan 18, 2018 9:39 pm

I still don't understand what the hell happened at rllmuk and why it changed an is now run by that committee thing.

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PostRe: NeoGAF owner accused of sexual assault - spin-off site Resetera launched
by Dig Dug » Fri Jan 19, 2018 10:50 am

Mafrozen wrote:I still don't understand what the hell happened at rllmuk and why it changed an is now run by that committee thing.

The committee according to them is because of this:
https://en.wikipedia.org/wiki/Co-operat ... s_Act_2014

What is the Committee and why do we need it?
The forum is owned by an Industrial and Provident Society (now a Co-operative and Community Benefit Society, per this 2014 Act) called Rllmuk Limited. This entity requires that we have a steering committee who are legally responsible for maintaining Rllmuk Limited. The Committee also have oversight of the forum. The term of service is approximately 12 months, depending on the exact time of the AGM.

We will elect six people to form the Committee who will have the legal responsibility for running the forum for the next year.Everyone on the Committee will have an equal vote.


Doesn't really mean anything to be. I have noticed the forum has had a change in tone. Lots of people have left the place over political disagreements following brexit and a group of people got banned for scheming to bully a female member off the forum.

Last edited by Dig Dug on Fri Jan 19, 2018 11:06 am, edited 1 time in total.
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Lagamorph
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PostRe: NeoGAF owner accused of sexual assault - spin-off site Resetera launched
by Lagamorph » Fri Jan 19, 2018 10:54 am

Having an even number of members in the committee seems weird to me since it means every vote to do something could potentially end in a stalemate.

Lagamorph's Underwater Photography Thread
Zellery wrote:Good post Lagamorph.
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Green Gecko
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PostRe: NeoGAF owner accused of sexual assault - spin-off site Resetera launched
by Green Gecko » Fri Jan 19, 2018 11:07 am

Yeah, beurocracy. It's a nice idea in practice but I wonder how long it takes to decide anything. Community input and having a broad range of opinions is of course really important, essential. So is making sure a club or group of sorts with a membership is legally and structurally sound to protect itself in the long run to continue to serve its interests, that's the members and what they do. But there's nothing wrong with having some key decision makers provided they're not a total shitlord like Evilore was, and they don't stand to benefit to much from it. I mean, I do that by relinquishing a lot of key responsibilities like the forum database and hosting which is totally accessible by Karl and has been by other people, so is the public voice of the site with Errkal. If for some reason I lost my mind I'm sure people would rise up and tear things up which is the right thing to happen. Of course everyone has the freedom to just mass exodus like GAF did and that's cool too! :wub:

"It should be common sense to just accept the message Nintendo are sending out through their actions."
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PostRe: NeoGAF owner accused of sexual assault - spin-off site Resetera launched
by Lex-Man » Fri Jan 19, 2018 11:42 am

Is beurocracy a nice idea. It's necessary to spread out the responsibility and stop one person doing too much damage when they decided to become an asshole.

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<]:^D
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PostRe: NeoGAF owner accused of sexual assault - spin-off site Resetera launched
by <]:^D » Fri Jan 19, 2018 12:06 pm

i love beaurockracee

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Green Gecko
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PostRe: NeoGAF owner accused of sexual assault - spin-off site Resetera launched
by Green Gecko » Fri Jan 19, 2018 12:18 pm

I can't even spell it. I just spam the keyboard and let it autocorrect.

"It should be common sense to just accept the message Nintendo are sending out through their actions."
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❤ btw GRcade costs money and depends on donations - please support one of the UK's oldest video gaming forums → HOW TO DONATE
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PostRe: NeoGAF owner accused of sexual assault - spin-off site Resetera launched
by <]:^D » Fri Jan 19, 2018 12:23 pm

well your autocorrect is also wrong :lol:
if you know how to spell bureau:
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then you can spell bureaucracy :P


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