General Discussions

**NBF** · 09-05-2006, 01:37 PM

A very open ended question...

What would you do with $50,000 if you had the cash to spend on your business (don't tell me you would pay your credit card bill...)?

Would you actively pursue buying established sites? (Is there a marketplace out there to buy GOOD developed sites? I never see much on Sitepoint, et al, that are well established.)

Would you develop new sites?

Would you invest in other peoples' projects as a VC?

Would you put that towards promotion of current sites?

Just curious,
Laura

**ForgottenCreature** · 09-05-2006, 01:46 PM

Is the condition to stick to the web industry? If not I would look into real estate.

**Ed_bloggo** · 09-05-2006, 01:53 PM

i bet you would

**D.J.** · 09-05-2006, 02:09 PM

Me too.

**Jack.** · 09-05-2006, 02:29 PM

i would invest a bit more into my current project and then probaly start a chain of arcade sites.

**BamaStangGuy** · 09-05-2006, 02:52 PM

I'd look into purchasing more established forums.

Its much easier than developing new forums.

**Ed_bloggo** · 09-05-2006, 02:55 PM

I would buy tons of google stock

**007** · 09-05-2006, 03:06 PM

I would day trade with it.

**Indie** · 09-05-2006, 03:17 PM

I would invest about $2k in my new site (which i wont plug) and probably keep the rest for future projects (Maybe buy an established forum to go with it).

**Vi5** · 09-05-2006, 04:44 PM

Buy a huge forum, it gives you so much power for other projects.

Also $50k over here would get you nothing in real estate.

**LeeD** · 09-05-2006, 05:08 PM

Laura, if this is a serious question, you and I need to talk.

**NBF** · 09-05-2006, 05:33 PM

Quote:

Originally Posted by Lee

Laura, if this is a serious question, you and I need to talk.

Aren't I always serious?

You know how to reach me...

While $50k couldn't buy you much real estate outright, the beauty of real estate is that you can really leverage your money. I think that if you have a large sum in hand, it can be confusing how to spend it. What's the best way to earn a return on that money online? How much risk are you willing to take? That's why I think it is interesting to see what other people would do. Plus, I am sure most would act differently if they were gifted $50k versus actually earning every last penny themselves. (Ever done research on lottery winners? Very interesting stuff.)

For me, I think I would buy established sites. Having built a few sites from scratch, I can completely appreciate trading that upfront grunt work for some extra cash.

(Unless, of course, what I want hasn't been developed yet.)

Laura

**NBF** · 09-05-2006, 05:34 PM

Quote:

Originally Posted by Vi5

Buy a huge forum, it gives you so much power for other projects.

Already have one.

Laura

**FreeFlowInc** · 09-13-2006, 08:04 PM

Reinvest it back into several business ventures. $50,000 is not a lot of money

**NBF** · 09-14-2006, 11:29 AM

Quote:

Originally Posted by FreeFlowInc

$50,000 is not a lot of money

"A lot" is relative, but $50k can quickly be turned into $100k in the right investment.

Laura

**D.J.** · 09-14-2006, 01:50 PM

It´s a lot for me

**newyorker** · 09-14-2006, 03:53 PM

With 50k? Hmz. I would buy some really nice established websites. Or use it to launch major marketing campaigns for my forum and websites.

**MonkeyBiz** · 09-14-2006, 04:39 PM

I would buy a nice website or put it in savings

**A.N.Onym** · 09-14-2006, 10:46 PM

Depends on what you already have, I guess.

Putting the money in a bank and living on interest sounds tempting.

On the other hand, investing the whole lot into a website to create unique content would be interesting. $50k in content..that'd be what, about 1k average articles or 200 top quality articles? Not too bad.

**Bryan Le** · 09-14-2006, 10:59 PM

I would split it...$10,000 would go towards current and on-going projects, while the other $40,000 would start up my dream projects...one by one, until I do all on my list.