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KilaTsunami
October, 2024

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How much did ns sell for?

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radoripper
Posts: 707 - Karma: 45
let's get some details....
Jun 18 2007 7:01PM
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Silence
Posts: 16030 - Karma: 150
it didnt sell you dick
Jun 18 2007 7:03PM
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396222687862
Posts: 0 - Karma: 350
you. cant. read
Jun 18 2007 7:04PM
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steezyjibber
Posts: 15967 - Karma: 11,026
READ DA FUCKING UPDATEEEEEEEEEE
Jun 18 2007 7:04PM
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radoripper
Posts: 707 - Karma: 45
"This is the largest milestone in Newschoolers.com’s history and we could not be more excited. We have just signed an aquistion deal, with Studio411 a division of Sportnet"

really? the word "aquisition" means a purchase. a "partnership" where someone is aquired is a buy-out unless I am mistaken.
Jun 18 2007 7:09PM
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Billek
Posts: 5665 - Karma: 98
1,000,000  pesos, according to taco bell thats like 90,00 dollars.
Jun 18 2007 7:15PM
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uskidsknow
Posts: 444 - Karma: 5
nothing wrong with the fellas gettin paid, but unless i also read the article incorrectly, it was sold. am sure that they can continue to run the site the way that they want.
Jun 18 2007 7:17PM
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[nick]
Posts: 1043 - Karma: 423
i think a guap
Jun 18 2007 7:18PM
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Silence
Posts: 16030 - Karma: 150
"He told me that his company was very impressed by our site and you guys and interested in the acquisition of Newschoolers.com. I immediately brought the issue to Chris and Paul, and all three of us thought it was a pretty silly idea, and that we would never sell."


"NS Management, our management company that has been running the site since Harvey passed on the torch, will continue to run the site just as before. Everyone who makes Newschoolers.com what it is today will remain in place but we will be given an influx of resources like we have never imagined."

Im sure majority ownership is still with the same guys, so it would be a very small portion acquired if that was the case

Jun 18 2007 7:21PM
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NickSteezy
Posts: 396 - Karma: 181
I agree ^
Jun 18 2007 7:22PM
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Ski_Unit_19
Posts: 8188 - Karma: 38
it was bought. no clue about the numbers though
Jun 18 2007 7:23PM
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Malczyk
Posts: 1435 - Karma: 1,895
almost 100,000 who spent on average 25 minutes a day on this site? if i owned NS i'd ask for 2 million
Jun 18 2007 7:26PM
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Static
Posts: 8553 - Karma: 4,089
I think the site is worth more than 2 mil.
Jun 18 2007 7:32PM
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radoripper
Posts: 707 - Karma: 45
brah, nobody who works in private equity or aquisition throws money at a company unless they can have a controlling interest. without controlling interest they can't shape the company a cash cow to get a solid return on their investment.

aaaah, kids are so nieve and idealistic....its adorable.
Jun 18 2007 7:33PM
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*DrewT*
Posts: 7768 - Karma: 481
They sold but they're staying in control of the site cause they know way more about skiing than the people who bought it
Jun 18 2007 7:39PM
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TimothyLord
Posts: 2114 - Karma: 568
yessier^^
Jun 18 2007 8:49PM
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Silence
Posts: 16030 - Karma: 150
haha cash cow..nice year 10 business studies there.

i'm doubting NS mgt would have sold a large portion for the prime reason of losing complete control of the company.
Of course there will be a tradeoff between $$$ and control, but we aren't talking about a complete buyout here. From how I interpret it, amongst other things there will be SIGNIFICANT profile given to these companies like studio411 along with input on the site but it will continue to run similar to as it does now.
Well i hope so anyway.

Jun 19 2007 7:00AM
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Mr.Bishop
Posts: 22708 - Karma: 76,635
Hah yeah I wish it was!

Believe me it was a LOT less than that. :)

Jun 19 2007 9:35AM
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KyleM
Posts: 876 - Karma: 10
how much
Jun 19 2007 12:42PM
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papasteeze
Posts: 12055 - Karma: 913
I am betting that they made waaaay less than a dollar for each hour they devoted to NS.

Quit asking it is no ones business but thier own.
Jun 19 2007 12:45PM
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Alkyy
Posts: 2839 - Karma: 149
So did you guys get the bentlys like you said you were going to when you sold ns???
Jun 19 2007 1:31PM
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BvK
Posts: 868 - Karma: 11
I am betting that they made waaaay less than a dollar for each hour they devoted to NS.

Quit asking it is no ones business but thier own.


^Thankyou, the same guys are clearly running it so it doesn't matter
Jun 19 2007 2:25PM
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Kev
Posts: 7411 - Karma: 35
My guess is for a bag of magic beans.

Jun 19 2007 3:08PM
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Holte
Posts: 10740 - Karma: 7,816
You can do some crazy shit with magic beans.
Jun 19 2007 4:05PM
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skier_dude_1831
Posts: 2064 - Karma: 19
mayb whoever owns it now will ban all the n00bs
Jun 19 2007 6:47PM
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TheButterHashira
Posts: 9691 - Karma: 1,702
you would fall under n00b in alot of peoples opinions.
unfortunatley i probly would too
Jun 19 2007 7:03PM
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St.Steezy
Posts: 4228 - Karma: 20
doug's going to be rollin around in G-Class Mercedes pretty soon.
Jun 19 2007 7:11PM
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andrewg
Posts: 4746 - Karma: 18
ahh weird
Jun 19 2007 7:19PM
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Jwenz
Posts: 8893 - Karma: 7,633
I bet he got a pretty penny for it Click for larger image
Jun 19 2007 7:19PM
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TheButterHashira
Posts: 9691 - Karma: 1,702
yeah those arent pretty
Click for larger image thats a pretty penny
Jun 19 2007 7:28PM
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dweezileast
Posts: 9661 - Karma: 276
What does it matter? Will you sleep better at night if you know?
Jun 20 2007 10:43PM
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Worst.NS.Member
Posts: 703 - Karma: 11
The site is worth a good chunk, the ad revenue potential alone is ridiculous. (over 300 people who constantly browse the site for houers on end)

I'd sell adspace to google and keep the site for myself. As it stands now (without many ads) it's not a very profitable model and I can't see anyone paying too much for it besides for consumer influence and media distribution.
Jun 21 2007 9:00AM
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PimpDaddySkier
Posts: 4221 - Karma: 20
i bet they sold it for a pound of bud
Jun 21 2007 1:14PM
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Dustin.
Posts: 13839 - Karma: 7,704
its worth enough that I would feel stupid donating
Jun 22 2007 7:23PM
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4-Front
Posts: 5306 - Karma: 199
you guys could have sold this site for a lot of money
this site has too much potential for its own good.
Jun 23 2007 2:37PM
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Hannah.
Posts: 4625 - Karma: 56
:(
Jun 23 2007 5:48PM
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BMskier
Posts: 3363 - Karma: 365
thats doesnt look like copper
Jun 23 2007 7:35PM
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thenakedcellist
Posts: 2666 - Karma: 218
lol
Jun 23 2007 9:09PM
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396222687862
Posts: 0 - Karma: 350
bishop and his needs....
Jun 24 2007 6:29PM
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skiierman
Posts: 28699 - Karma: -5,563
Four eyelashes and a right testicle... no, that's too little... a left testicle and FIVE eyelashes.
Jun 24 2007 6:55PM
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poncho
Posts: 1573 - Karma: 23
So why is it important?

NS is going to get a lot better, have streaming video and what not, that is all I really care about, thats all that matters, the site is going to get better. You dont pay to use the site, so money isnt an issue.
Jun 25 2007 3:23AM
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