kerrmando Posted June 6, 2013 Posted June 6, 2013 Check out this guys! http://www.bricklink.com/announcement.html Bricklink has Sold! Changes are coming which is amazing news! 1 Quote
Snowcrash Posted June 7, 2013 Posted June 7, 2013 Sold to Nexon? They don't exactly have a stellar reputation in the online gaming community. We will see how this develops... Quote
Ed Mack Posted June 7, 2013 Posted June 7, 2013 As an avid gamer, I am unfamiliar with Nexon. I wish them well. Quote
kerrmando Posted June 7, 2013 Author Posted June 7, 2013 Yeah they actually don't have a good reputation, but things can change. Plus they promised to keep the fees the same! Quote
TheOrcKing Posted June 7, 2013 Posted June 7, 2013 I thought Nexon was behind online games like Maple Story and Dungeon Fighter Online? Well, you guys wanted changes; looks like we'll finally get our wish. Here's to your memory, Daniel Jezek. Quote
Fcbarcelona101 Posted June 7, 2013 Posted June 7, 2013 It will definitely interesting to see the direction the site takes from this point forward. Either way, I think we will be getting an updated and better looking version in the near future! Quote
sadowsk1 Posted June 7, 2013 Posted June 7, 2013 This is interesting news. Hopefully this change is for the better. I do a fair amount of selling on bricklink and I hope the website gets more exposure and a little less clunky in the navigation forum. They have all the fixin's for greatness and the infrastructure is there. They just need to pretty it up. Quote
Quacs Posted June 7, 2013 Posted June 7, 2013 Any viable marketplace with lots of buyers and low fees will always be welcome. Quote
TheOrcKing Posted June 7, 2013 Posted June 7, 2013 Well, it can't get any worse... Don't temp fate. Quote
StarPod Posted June 7, 2013 Posted June 7, 2013 how much did they sell it for? maybe ed should have bought it Quote
Ed Mack Posted June 7, 2013 Posted June 7, 2013 how much did they sell it for? maybe ed should have bought it I'm sure it sold for quite a bit more than I can afford. I'm sure it sold for more than 7 figures... 2 Quote
akohns Posted June 7, 2013 Posted June 7, 2013 I'm sure it sold for quite a bit more than I can afford. I'm sure it sold for more than 7 figures... As in 7 Mr Golds? 4 Quote
kerrmando Posted June 7, 2013 Author Posted June 7, 2013 Akohns that made me laugh, kudos to you... thats fair on forums Quote
LowestFormOfWit Posted June 8, 2013 Posted June 8, 2013 More seriously though, they sold a marketplace of 144,000,000+ visitors. I imagine the payout was more than all the Mr. Golds in all the unopened, unsmooshed, unregistered bags in the whole world. Quote
blueremains Posted June 8, 2013 Posted June 8, 2013 More seriously though, they sold a marketplace of 144,000,000+ visitors. I imagine the payout was more than all the Mr. Golds in all the unopened, unsmooshed, unregistered bags in the whole world. Actually, I think it might be pretty close.. Average price of a Mr. Gold right now is around $500-$600 per figure, multiply that by 5,000. That puts you in the neighborhood of $2.5-$3 million. At least it would be in the same ballpark. Quote
Ed Mack Posted June 8, 2013 Posted June 8, 2013 Actually, I think it might be pretty close.. Average price of a Mr. Gold right now is around $500-$600 per figure, multiply that by 5,000. That puts you in the neighborhood of $2.5-$3 million. At least it would be in the same ballpark. That would seem about right. I remember conversations a year or so ago where the 5-6 million dollar mark was mentioned as the value of the site. It is quite possible. The site was a steady money maker, even with its issues(hacking). I know how to value a brick and mortar store, but valuating an internet store is not in my realm of expertise. Quote
Quacs Posted June 8, 2013 Posted June 8, 2013 That would seem about right. I remember conversations a year or so ago where the 5-6 million dollar mark was mentioned as the value of the site. It is quite possible. The site was a steady money maker, even with its issues(hacking). I know how to value a brick and mortar store, but valuating an internet store is not in my realm of expertise. Not much different, Ed. For an established site, It's usually a function of annual EBITDA rather than any underlying value of the assets (since there really aren't any). There would be some factor applied to expected annual EBITDA to come up with a sale price. Quote
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