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0 pointscitricsquid13y ago0 comments

uh, you are aware the majority of negativity and questioning about the asking price was because you did not at any point answer whether or not billing information (and subscriptions) would be kept, even when people on the Flippa auction requested this information?

If you'd said from the start this was the case you'd have got many more bids, on HN alone I saw many comments from people stating they would bid if this was the case.

Maybe I missed something big or I'm not aware of something, but this was what the negativity was about, not the fact that the site is worthless and can't sell.

0 pointscitricsquid13y ago0 comments

If you'd said from the start this was the case you'd have got many more bids, on HN alone I saw many comments from people stating they would bid if this was the case.

Maybe I missed something big or I'm not aware of something, but this was what the negativity was about, not the fact that the site is worthless and can't sell.

0 comments

5 comments · 1 top-level

jasonfried13y ago· 4 in thread

Anyone who was a qualified buyer, and asked privately, got the answer. Lots of people asked privately. We even put serious buyers in touch with our credit card processing company so they could get additional questions answered directly.

citricsquidOP13y ago

The comment implied that the average HN user doesn't have the capacity to understand how business works, but the information the buyers had is not what the public had, that's a bit... disingenuous.

tptacek13y ago

The average HN user certainly doesn't have that capacity. Come on.

1 more reply

larrys13y ago

"Anyone who was a qualified buyer"

What criteria did you use to determine a "qualified" buyer?

As someone who frequently deals in transactions over the web for large dollar amounts it is not always clear who is qualified and who isn't. Especially if you aren't doing a high volume of transactions so you don't have a pattern established. One recent transaction we handled for someone started off with an insulting offer of $1000 (from a gmail type account in China (qq.com) and ended up at $38,000 USD)

jasonfried13y ago

When you get dozens and dozens and dozens of inquiries, it's pretty easy to tell which ones are serious. People who are prepared to spend $480,000 make it very clear they they're interested in moving forward and not just browsing.

1 more reply

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