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  1. #1
    Join Date
    Jan 2002
    Location
    Toronto, Canada
    Posts
    11,059

    17,000 account hosting company for sale??

    I noticed this on ebay (ends in about 6 hours). http://cgi.ebay.com/ws/eBayISAPI.dll...tem=1738097331

    Am I missing something?? It appears all the accounts are free hosting. Why is the current bid $30,000.00? Mind you, it's a "private auction", and the majority of the bidding seemed to be on the first day, so I don't know if there's anything fishy going on.

    Where's the appeal? Or am I just not able to see it?

    Vito
    DemoDemo.com - Flash tutorials since 2002
    DemoWolf.com - 5,300+ Flash tutorials for hosting companies, incl. Voice tutorials

  2. #2
    Join Date
    Mar 2002
    Location
    Philadelphia, PA
    Posts
    2,508
    lol 30k for a free company. Buy a couple dedicated servers, offer free hosting, and you will have 17,000 sites in hardly any time.
    Linux junkie | steward.io

  3. #3
    I would assume that the appeal is for banner advertising on the free sites. I don't think I would want to be the one trying to make a living and recoup llosses primarily just from ad banners.

  4. #4
    Join Date
    Jun 2000
    Location
    Southern California
    Posts
    12,121
    Kinda like buying a forum with 14,000 members and... errr.. nevermind
    HostHideout.com - Where professionals discuss web hosting.

    Chicken

  5. #5
    Join Date
    Feb 2002
    Posts
    1,926
    Is it me or did he state 'it's A unix system'. Is he saying there are over 17000 sites on a single server

  6. #6
    Join Date
    Apr 2001
    Location
    UK - Liverpool
    Posts
    2,169
    lmao @ Chicken - ive always liked your sense of humour
    www.24y.co.uk - Fast Professional UK Web Hosting

  7. #7
    Join Date
    Apr 2002
    Location
    Sacramento, CA
    Posts
    220
    Taken from ebay auction "http://www.pSend.com is a leader in both free and paid web hosting. "

    So it doesn't look like it is all free hosting; but more than likely 95-98% free hosting.

    Believe it or not about 1-2 years ago this company contacted me to see If I wanted to invest in them. I probably would have if I had money to invest in them at that time.

    Damn, I could have had a piece of that 30 grand.
    Joel Strellner

  8. #8
    Join Date
    Dec 2000
    Location
    The Woodlands, Tx
    Posts
    5,962
    $30,000 for a mere 17,000 accounts? Sheesh...wonder how much I could get for mine?? heh

  9. #9
    Join Date
    Feb 2002
    Location
    Australia
    Posts
    24,009
    Originally posted by Chicken
    Kinda like buying a forum with 14,000 members and... errr.. nevermind

  10. #10
    Let's look at some numbers:

    Registrant:
    Paradox Investments, Inc.
    6 Via Dulcinea
    Palm Desert, Ca 92260
    US

    Domain Name: PSEND.COM

    Administrative Contact:
    Kaspereit, Dennis [email protected]
    6 Via Dulcinea
    Palm Desert, Ca, 92260
    US
    760 836 3716

    Technical Contact:
    Rombouts, Trevor [email protected]
    5045 Thorne Dr
    LaMesa, Ca, 91941
    US
    619 6672211

    Billing Contact:
    Kaspereit, Dennis [email protected]
    6 Via Dulcinea
    Palm Desert, Ca, 92260
    US
    760 836 3716


    Registrar of Record: TUCOWS, INC.
    Record last updated on 19-May-2002.
    Record expires on 20-May-2003.
    Record Created on 20-May-2000.

    Domain servers in listed order:
    NS1.PSEND.COM 66.70.42.121
    NS2.PSEND.COM 66.70.42.122
    and...

    ...as well as a very well known site that has been around since 1996,
    Hmmm... Hope it's just an error....


    BTW: Gotta love the menu bar on their hosting page, every time you move the mose, you think you're going to see General Protection.

  11. #11
    Join Date
    Apr 2002
    Location
    Hollywood, CA
    Posts
    3,046

    looks fishy

    you would have to pay me to take that on . I look at it like this , if it were so great , it wouldnt be on auction

  12. #12
    Agree.

    If adding advertisements is so easy that he has time to site back and collect the money, which is enought to pay 2, 3, or even 4 people full-time, why isn't he?

    Well, the goodnews for him is that someone is dumb enough to fork over $30k on it. I bet his mortage company's gonna be a bit mad when they find out what 'home improvement' meant. (17k customers moving to the closet with gdual 56k's)

  13. #13
    Join Date
    Nov 2001
    Location
    Mt View
    Posts
    154
    Looks fishy to me too, I have come into contact with their parent company and learned the hard way that they are frauds

  14. #14
    Join Date
    Feb 2002
    Location
    Australia
    Posts
    24,009
    Originally posted by dialuphost
    Looks fishy to me too, I have come into contact with their parent company and learned the hard way that they are frauds
    Care to elaborate??
    AussieHost.com Aussie Bob, host since 2001
    Host Multiple Domains on Fast Australian Servers!!

  15. #15
    Join Date
    Nov 2001
    Location
    Mt View
    Posts
    154
    Since you insist... I bought a supposed "ISP company" from them after researching it for 1 1/2 months, let just say they clear their tracks quite nicely and at the time it seemed to be a legit operation...

    Well what can I say...another victim of fraud..after taking my money they cleared up shop.... (I am still trying to get the money back) - but i cannot find the guy that sold me the business, even though I have given the authorities the contact info for domaindistributor.com ( or their new scam business psend.com)

    Just as a note: If you dont want to get screwed remember the name domaindistributor, psend, voth technologies, or whatever they call themselves now....

  16. #16
    Join Date
    Nov 2001
    Posts
    852
    You should report this information to ebay if you have facts so they might prevent substancial problems.

  17. #17
    Join Date
    Nov 2001
    Location
    Mt View
    Posts
    154
    Well, my problem is that since the case is not cleared with me yet, I have no proof to show ebay if they come back to me and say "how do you know this"... Believe me as soon as I have everything in writing and my evidence is substantial I will make it known all over the internet, until then I do not want to be accused of defamtion...

  18. #18
    Join Date
    Nov 2001
    Posts
    852
    Its just a shame to sit and watch someone have that much money potencially thrown away. Somebody is really eager about this venture and to me personally i would be very disappointed...

    On the otherhand, i wouldnt just hand over the money....

  19. #19
    Join Date
    Feb 2002
    Location
    Australia
    Posts
    24,009
    17,000 sites [what % are active/inactive??] on servers that cost only "$1000.00/mth". Sounds like 4 or 5 overloaded boxes.

    You'd think he'd be displaying some figures of income. I mean when you buy a business, you're really buying the cashflow of that business and other assets. What's the monthly profit?? Those are the numbers you'd really need to be requiring before parting with your hard earned $$$.

    But, I'd sure hate to be providing tech support to all thems sites.
    AussieHost.com Aussie Bob, host since 2001
    Host Multiple Domains on Fast Australian Servers!!

  20. #20
    Join Date
    Dec 2000
    Location
    The Woodlands, Tx
    Posts
    5,962
    Typically you dont provide much support to free users. As far as what % is active, you'd be surprised. I have been in the free hosting business for 4 years, and we dont have as many accounts as you'd think. That's due to the fact that we actually have a system that kills off unused accounts. Geocities sold for $4.6 billion, and you can only wonder how many of those sites were legit, decent, used accounts. 50% maybe, and I'd say that's pushing it. It's easy to get bloated numbers when you dont kill off unused accounts. Big majority of free signups are from warez and porn masters, so you kill all those off, and your numbers do a drastic drop. Since we also now have a fairly automatic detection and removal of warez, then our number of members stay lower than that of many other free hosts....though, it's far more than 17,000. $30,000. I should put ours on Ebay

    At that rate, we should get about $1,000,000

  21. #21
    Join Date
    Jun 2001
    Location
    Chicago, IL
    Posts
    1,953
    Well being an ex freewebhoster(for a tad over a year), I can tell you right now whoever is buying it for that much is better off throwing their money in a endless well. As stated before im sure a large number of those are not active, or a large number are warez/porn. lets play the numbers here.

    17,000

    lets say 100 hits a month a client(more or less unrealistic, but im sure there are some members that get a lot)

    1,700,000

    ok, now about 2 years ago or so, mabey a little long, that many hits a month would get you about a 1cpm, so 1700 a month. then you got 2.5 years just to get your money back, and thats with NO overhead. Nowawadays, its more like 10 cent cpm, so you are looking at about 200 a month. Now unless you have exelent programming knowlage along with knowing webservers, mail servers, etc inside and out, you are going to be spending 50 percent of your time looking for spam/cc fraud/warez/porn all day long.


    In the end, you are going to loose about 32000 dollars, and give yourself so many headaches you will wish you were dead.

    Happy bidding

  22. #22
    Join Date
    Oct 2001
    Location
    Atlanta, GA
    Posts
    564
    Maybe they have 10 rackshack/other $99 month servers?

  23. #23
    Join Date
    Dec 2000
    Location
    The Woodlands, Tx
    Posts
    5,962
    Rackshack isnt efficient enough to host a good sized free host. They wont special build machines for you , they dont let you colo....and from what I see, they only have single cpu machines. Basically the equivelent of a home pc. I would put some servers there if talking to them wasnt like trying to break thru the Golden Gate Bridge with a plastic hammer.

  24. #24
    Join Date
    Feb 2002
    Location
    Australia
    Posts
    24,009
    Originally posted by Webdude
    ....I would put some servers there if talking to them wasnt like trying to break thru the Golden Gate Bridge with a plastic hammer.
    AussieHost.com Aussie Bob, host since 2001
    Host Multiple Domains on Fast Australian Servers!!

  25. #25
    Join Date
    Feb 2002
    Location
    Australia
    Posts
    24,009
    Originally posted by Webdude
    ....Geocities sold for $4.6 billion...
    yeah but that was in the dotcom boom craziness days.

    (1). How much is it worth now??

    (2). How much nett $$$$$ does it make now??

    Let's talk bottom line figures here. I couldn't give a rip at how many "clients" they have. Do they make money??
    AussieHost.com Aussie Bob, host since 2001
    Host Multiple Domains on Fast Australian Servers!!

  26. #26
    Join Date
    Jun 2001
    Location
    Chicago, IL
    Posts
    1,953
    private auction -- bidders' identities protected Cancelled $34,100.00
    Explanation:The seller ended the listing early and cancelled all bids. Bid:Jun-10-02 04:17:14 PDT
    CancelledJun-10-02 21:09:40 PDT
    private auction -- bidders' identities protected Cancelled $40,000.00
    Explanation:The seller ended the listing early and cancelled all bids. Bid:Jun-10-02 17:02:09 PDT
    CancelledJun-10-02 21:09:40 PDT

    looks like he cancled it, Im willing to bet that those were his bids trying to get people to buy and when he realized he would get hit with the percentage and no one buying it he ducked out. At least thats my opinion

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