You might be surprised how due diligence
is often incomplete on both sides. I've
a fun real estate story about that.
Your wisdom is becoming legendary.
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- Thread starter Quagmire
- Start date
is often incomplete on both sides. I've
a fun real estate story about that.
I would, business is business, not a game of shuffling members
Thanks, but I think it's more like an urban myth.
You know I used to work for a traveling carnival, right?
So. I had a business that before jumping into a contract would consider that contracts fully then making them. Thst way there are no nasty surprises.
But i guess cowboys and fly by night operators do exist
On Quora (where I don't have a premium subscription), some posts are inaccessible unless you pay for a subscription. I wonder if RF could do that.
The owners have been here for 5 years now, so hardly fly by night.
And as far as what the contract looked like, we'll never know, but I'd be amazed if it was so detailed as to include an explanation regarding premium accounts.
No one would pay to see mine.
For what it's worth, I'm not against the new owners not honoring the premium membership offered by the previous owners. However, had I purchased the site, I would offer existing premium members a discount on a new premium membership.
I was thinking the same thing (but just the ones we like of course.
)
The advert for premium membership gave the details of what was offered, agreed to and paid for. I do (should) have a screenshot of the ad in backup aling with the receipt for payment. I need to find them
Had them purchased the site i would honour existing members.
I'm talking about the contract between the old and new owners.
I'm guessing the ad hasn't changed.
Subduction Zone
Veteran Member
I started getting Ukrainian women adds on Facebook some time after @Twilight Hue brought the topic up here. Maybe I never noticed them before. But I doubt it. The girls tend to be, ahem, noticeably healthy.
Then they would be pretty poor businesspeople...in my opinion...
There is a standard business practice in acquisitions called "due diligence". This means that the buyer should be aware of all assets and liabilities and the seller needs to provide full disclosure. Every so often there's a business page article about failure of due diligence. Major corporations such as J. P. Morgan have gotten involved in messes related to this principle.
So what you're basically saying is that the current owners failed a basic business principle for acquisitions - know what you're buying.
TL;DR - they messed up.
It shows.
He is a lot of fun, isn't he.
You're right and by God somebody should do something about it.
Hold on:
Bad owners! Bad! Bad! Bad!
There, glad I could help.
Because what's more fun than kicking back within the cozy confines of our safe, sheltered little lives and reveling in stereotypes regarding things we know absolutely nothing about?
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