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Forums - General - Should we seriously consider buying VGC?

VGPolyglot on 22 June 2017

You can't buy something that's not for sale, and to my knowledge Brett has no intention of selling the site.



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ktay95 on 22 June 2017
Chazore said:
Teeqoz said:

It would be hard to run a patreon with the goal of buying the site, if that's what you mean. But the overall idea of VGC being funded by Patreon, I certainly don't mind. But still, at the moment it's being owned and run by ioi, and he runs the site for profit, and that isn't really compatible with Patreon.

I meant in terms of supporting it rather than buying it, buying means we'd have a whole lot of mess to deal with.

 

Imagine if we all pitched in to buy out VGC, who would be in charge, how would you go about splitting site ownership among many on here that were to pitch in to the buyout?. It honestly sounds like a complciated mess that could turn ugly within a matter of weeks/months if you ask me. Patreon allows to pitch in for site funding, which in turn could go towards site improvements or hiring a person to redesign the site (since we perma'd the last site designer).

And now I'm sad



Nymeria on 22 June 2017
VGPolyglot said:
You can't buy something that's not for sale, and to my knowledge Brett has no intention of selling the site.

Walk up to any house not for sale and offer double the estimated valuation and I'd wager you'd be able to buy quite a few of them.



Fei-Hung on 22 June 2017
Nymeria said:
VGPolyglot said:
You can't buy something that's not for sale, and to my knowledge Brett has no intention of selling the site.

Walk up to any house not for sale and offer double the estimated valuation and I'd wager you'd be able to buy quite a few of them.

It would cost too much. Brett had a successful business, VGC is just an addition to the portfolio. If he does sell it, it will cost an arm and a leg. 



Teeqoz on 22 June 2017
Chazore said:
Teeqoz said:

It would be hard to run a patreon with the goal of buying the site, if that's what you mean. But the overall idea of VGC being funded by Patreon, I certainly don't mind. But still, at the moment it's being owned and run by ioi, and he runs the site for profit, and that isn't really compatible with Patreon.

I meant in terms of supporting it rather than buying it, buying means we'd have a whole lot of mess to deal with.

 

Imagine if we all pitched in to buy out VGC, who would be in charge, how would you go about splitting site ownership among many on here that were to pitch in to the buyout?. It honestly sounds like a complciated mess that could turn ugly within a matter of weeks/months if you ask me. Patreon allows to pitch in for site funding, which in turn could go towards site improvements or hiring a person to redesign the site (since we perma'd the last site designer).

Yes but patreon to support the site won't work as long as ioi is in charge. ioi doesn't give a jack shit about us unfortunately, which is sort of a prerequisite for Patreon to work.

Buy the nature of a kickstarter, even though everyone put some money into it, that doesn't mean everyone gets ownership. Even though you help kickstart a game, that doesn't mean you are entitled to some ownership of the team developing the game, you only get a copy of the game. One person, or a small team of people would have to be in charge, and it would have to be a paid position, using the money VGC makes.

But before one could really say anything about how much VGC could be worth, you'd have to see some financial data and webpage analytics.



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Chazore on 22 June 2017
Teeqoz said:

Yes but patreon to support the site won't work as long as ioi is in charge. ioi doesn't give a jack shit about us unfortunately, which is sort of a prerequisite for Patreon to work.

Buy the nature of a kickstarter, even though everyone put some money into it, that doesn't mean everyone gets ownership. Even though you help kickstart a game, that doesn't mean you are entitled to some ownership of the team developing the game, you only get a copy of the game. One person, or a small team of people would have to be in charge, and it would have to be a paid position, using the money VGC makes.

But before one could really say anything about how much VGC could be worth, you'd have to see some financial data and webpage analytics.

But then we're left with the buyout option which just leaves us with a few if not possibly more that would have to own a portion of the website and have their say in what does and doesn't change.



Mankind, in its arrogance and self-delusion, must believe they are the mirrors to God in both their image and their power. If something shatters that mirror, then it must be totally destroyed.

IamAwsome on 22 June 2017
zygote said:
The games database needs some work as does the chart options. I remember when we could see point by point sales comparisons on the front page with customizable parameters. That was nice. I do think some things desperately need an overhaul.

The Game DB on here is imported from Gamewise. There hasn't been much Game DB functionality on here since it started up in 2012. This is also why collections don't work. 



Farsala on 22 June 2017
Teeqoz said:
burninmylight said:
Would everyone who funds this theoretical Kickstarter then own a piece of the site, or would we all agree to leave it in one person's hand, or a consortium of users?

I think it could be done with a sort of representative democratic comittee leading it.

A_C_E said:

It would be more ideal to profit off a sustainable business model than to just break even, would it not? Rhetorical question, of course.

Who should that profit be paid out to? What I meant by break even is that all surplus money should be reinvested in the site to further improve quality

malistix1985 said:
How much would VGChartz cost? well the website isn't maintained well I am willing to join a kickstarter but I won't invest more then say, $10 so all-in all even if all people who post here do that it won't end up being a gigantic amount and there is also things like the website will need to keep running so there will be yearly costs.

And the horrible adds to give revenue so the person selling will want more upfront cash then the add revenue gives for at least the next 4 years, thats how buyouts work

Well, if 1000 users pay $10, that's $10 000, which ain't bad. Considering the amount of users here using adblock while browsing, and the relatively low userbase, I can't imagine the site being that costly to buy.

Ka-pi96 said:
No, because I dont want any downgrades.

What do you mean?

You underestimate the worth of this site. The site itself would be more then $1m, but that is without accounting for potential ad revenue in the future. And it might be discounting the sister sites.

VgChartz is minisculue compared to Gaf, but almost all other similar sites are miniscule compared to VgChartz.



IamAwsome on 22 June 2017
Chazore said:
Teeqoz said:

It would be hard to run a patreon with the goal of buying the site, if that's what you mean. But the overall idea of VGC being funded by Patreon, I certainly don't mind. But still, at the moment it's being owned and run by ioi, and he runs the site for profit, and that isn't really compatible with Patreon.

I meant in terms of supporting it rather than buying it, buying means we'd have a whole lot of mess to deal with.

 

Imagine if we all pitched in to buy out VGC, who would be in charge, how would you go about splitting site ownership among many on here that were to pitch in to the buyout?. It honestly sounds like a complciated mess that could turn ugly within a matter of weeks/months if you ask me. Patreon allows to pitch in for site funding, which in turn could go towards site improvements or hiring a person to redesign the site (since we perma'd the last site designer).

Who was the last site designer? I don't recall anyone important getting permabanned.

Farsala said:
Teeqoz said:

I think it could be done with a sort of representative democratic comittee leading it.

Who should that profit be paid out to? What I meant by break even is that all surplus money should be reinvested in the site to further improve quality

Well, if 1000 users pay $10, that's $10 000, which ain't bad. Considering the amount of users here using adblock while browsing, and the relatively low userbase, I can't imagine the site being that costly to buy.

What do you mean?

You underestimate the worth of this site. The site itself would be more then $1m, but that is without accounting for potential ad revenue in the future. And it might be discounting the sister sites.

VgChartz is minisculue compared to Gaf, but almost all other similar sites are miniscule compared to VgChartz.

Are you talking about sales sites in particular?



Teeqoz on 22 June 2017
Farsala said:
Teeqoz said:

I think it could be done with a sort of representative democratic comittee leading it.

Who should that profit be paid out to? What I meant by break even is that all surplus money should be reinvested in the site to further improve quality

Well, if 1000 users pay $10, that's $10 000, which ain't bad. Considering the amount of users here using adblock while browsing, and the relatively low userbase, I can't imagine the site being that costly to buy.

What do you mean?

You underestimate the worth of this site. The site itself would be more then $1m, but that is without accounting for potential ad revenue in the future. And it might be discounting the sister sites.

VgChartz is minisculue compared to Gaf, but almost all other similar sites are miniscule compared to VgChartz.

How did you find out the value of VGC?