On GoForex.net: "It would be a keynote addition to our growing portfolio of communities."
- Internet Brands, November 18, 2009
Mkt Cap: US$350 million (approx.)
Approached by Nasdaq-listed company Internet Brands (Nasdaq: INET) to buy my site, approximately 1 month to the day after first taking it off the market. As far as I know, they didn't know that my site had been or was for sale, so it was just excellent timing that they identified my site as a good potential target acquisition for their business. Funnily enough, the site was being hosted a few miles up the road from Internet Brands in Santa Monica on the outskirts of Los Angeles, and had been for the last few years. I suggest to them that Enis Mehmet could manage the site on their behalf.
Spend 8 solid days between Nov 26 - Dec 3 writing a 50+ page instruction manual for Internet Brands of my own volition, including several pages containing a detailed blueprint on traffic and revenue growth. The site that I conceived, built and ran from my bedroom would also be sold from my bedroom, without ever physically meeting anyone involved in the entire forex industry in five and a half years!