 | | 05-18-2007, 02:05 PM |
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#12 |
| Elite Fan
Joined: Dec 2006
Posts: 37,967
| Quote:
Logan: okay, you asked for it, so here it goes. I want to buy another internet company.
Rory: i see.
Logan: it's a web-based, interactive-media platform. This guy in austin created it. And it's amazing, and fast, and so easy to use, that even i can use it. The idea is to build on the web presence we have and then turn into ourselves into a user-generated media hub where the members can share videos, articles, ideas anything.
Rory: that sounds like a good idea.
Logan: yeah and it's a deal, too. The guy who created this platform is such a true blue computer geek, that he just wants to get started on his next project, so he's willing to sell for only $5 million.
Rory: oh, only.
Logan: i know. I know. But in this world, that's relatively cheap. I mean chad hurley and steve chen sold youtube for $1.65 billion, and who knows how much mark zuckerberg will get for facebook?
| Quote:
Logan: i went to him i pitched him the idea, and he rejected it. I have to move fast i have to take this deal off the market before one of the big-dog companies sniff me out and try to outbid me. You still want to take this chess thing?
Rory: yeah, we should. Well, you sound really excited.
Logan: i am. It's exciting. The economies of scale are incredible. I just need to prove out the business model first.
Rory: yeah and the barriers to switching for your current clientele will probably increase, too.
Logan: yes exactly that's what my father doesn't understand. The opportunity cost of not doing it is that somebody else will, and the barriers to switching -- hey.
Rory: what?
Logan: are actually you using business-speak? Are we speaking businessese?
Rory: i believe we are.
Logan: color me impressed.
| What about these? __________________ "We were perfect in our imperfection"
"It's beautiful. the natural state of things,
which is, in fact, utter imperfection,"
| ♣ | ♫ | ♥ | ~Mariana |
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