dominique
Certification Member
- Joined
- Dec 18, 2006
- Messages
- 1,072
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Some people like Dom have a lot of years in the biz and don't want to let go... Although I do remember Dom selling all her websites right after the UGIEA was passed... wink wink...
Actually I sold one site, with negotiations starting like half a year before UIGEA, with a 20 page contract including a buy-back clause that became active after a year. I chose to buy back rather than walk away.
That experience is exactly why I am not selling easily again, even when times get tough.
If you have a site you have poured sweat and tears into for many years, and you want to sell because you think the industry has gone to hell in a hand basket, make sure you include a buy-back clause. Things may look very different in a year's time, and you don't want to sit there with seller's remorse.
I think times are bad all around right now, and yes, there will be contraction and buy-outs. That actually happens in every industry as it comes off age - some companies become dominant and buy the rest out.
I think this will pass, times will get better, but you betcha I will remember which programs behaved in an ethical way and which didn't.
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