[NVTimports]

www.unwiredbuyer.com www.gnumber.com

"gNumber just launched, but given the commissions that online retailers like eBay pay, the eventual market for the service could be in the billions of dollars."

http://money.cnn.com/magazines/busin...2807/index.htm

[jimmiejo]

I think the sub-headline from that money.cnn article is spot-on for unwiredbuyer.com being the "next billion dollar buyout"---"Valuations are nuts''.

But you gotta love stereotypical stock photography.

[NVTimports]

Originally Posted by jimmiejo

I think the sub-headline from that money.cnn article is spot-on for unwiredbuyer.com being the "next billion dollar buyout"---"Valuations are nuts''.

But you gotta love stereotypical stock photography.

I think it's the next billion buyout not money.cnn and I have a feeling ebay will be paying over a billion for the technology in the future.

[GriZzly]

Whatever happened to people making businesses because they wanted to keep it and make it grow. It really annoys me when I hear of people starting businesses for the sole reason of selling them on as soon as they can.

[CardCat]

Griz - I am on the fence about this. If you start a business, and someone offers to buy it for more money than you ever thought...enough to live on and start another business...why not sell?

I doubt any of us will be offered a Billion dollars for our businesses, but I can say I am at a point in my life where if I started something and someone offered me enough money to pay off my student loans, car and credit cards, I would have a hard time saying no.

However, I agree that starting businesses purely to sell them isn't very pure. And if you don't have enough love and passion for the business you are starting, it probably won't do well anyway.

[NeeJam]

Originally Posted by CardCat

Griz - I am on the fence about this. If you start a business, and someone offers to buy it for more money than you ever thought...enough to live on and start another business...why not sell?

I doubt any of us will be offered a Billion dollars for our businesses, but I can say I am at a point in my life where if I started something and someone offered me enough money to pay off my student loans, car and credit cards, I would have a hard time saying no.

However, I agree that starting businesses purely to sell them isn't very pure. And if you don't have enough love and passion for the business you are starting, it probably won't do well anyway.

I agree with you on this, and i think alot of people will as well

[jgarifuna]

Originally Posted by GriZzly

Whatever happened to people making businesses because they wanted to keep it and make it grow. It really annoys me when I hear of people starting businesses for the sole reason of selling them on as soon as they can.

According to some proposers of this concept, you will never make as much money in your life as selling a business, even if it is a part of it in the stock market.

I think that every business's purpose is to generate money, whether by helping people, helping the environment or any other other benefit a business offers. It is easy to forget this when one gets attached too much to a business, but it does not change the facts. Somehow, someway, we all work hard on our businesses to generate money and most of us feel great when we get it, don't we?

[GriZzly]

It is all very well to say that for simple turnkey websites and online businesses, but what about bricks and mortar businesses, for example a small office business that employs about 10 people. Could you form that company with the intention of selling it 12 months down the line knowing that all of those employees jobs are at risk...people you know. I don't usually like to delve into Business Studies speak because I hate it but this seems appropriate... there are two objectives concepts...the shareholder concept and the stakeholder concept. The former seeks to maximise profit in a short term format to please the shareholders while the latter takes into consideration the needs of its stakeholders (inc. employees, suppliers, local area etc.) Ethically speaking both are legitimate but taking either one too far can be a problem and a mistake.