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Dang, It's Almost Socialist:
If Y'all Will Pay, I'll Sink U-K




By Ron Lewis
July 19, 2007

 
----- Original Message -----
From:  Ron Lewis
To:  Recipient List Suppressed
Sent: Wednesday, July 18, 2007 9:42 PM
Subject: Useless Knowledge

Hi Folks, as some of you may be aware, I have been contemplating starting a web site that might appeal to a few of you, but that would definitely be different than Useless Knowledge - in format and current editorial policy.  However, it occured to me that Matt James might consider selling U-K.  I contacted him about the possibility and he is open to receiving an offer.  Here is his response:
 
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How much are we talking here?  The site currently brings in a little more than $2000 a year.  If it could be re-listed in some of the search engine news sites, it could make double or tripple that the first year and grow considerable after that.  That is why I pay someone to run it now, because I see it's potential.  If I didn't want the site, I would just let it sit or link it to the forum and continue to collect the income from the old articles still listed in the search engines.  That being said, sure, I will certainly listen to offers.
~~~~~~~~~
 
I expect that by "brings in," he doesn't mean "profit."  Even if so, that's not a lot of money - a typical business sells for around triple earnings or double revenue.  I have the ability to make a reasonable offer to him on my own, but I would rather invest in the other site I have envisioned.  I would also feel better if my fellow writers were involved.
 
Would any of you consider investing as a group to buy U-K?  A primary motivation might be to regain ownership of all of your writings.  Or, maybe you, like me, want to change its current editorial policy.  Obviously, as Matt suggests, there is potential for increasing its revenue.  I have some expertise in that area, and some ideas  (my portfolio and my resume).  However, I would not look at it as a profit-making venture immediately.
 
Yet, I think that if the site were a co-operative venture (dang, it's almost socialist), and writers were acting as Owners and not just contributors, together we could do some great things.
 
Obviously, there would have to be mutual agreement on the new editorial policy.  In case many of you think I would be the major impediment, I promise you I wouldn't.  In fact, I really don't care what the policy is, as long as it doesn't allow the vulgarity and fraudulent posting of articles under other people's names that the Editor is doing now.  And, I would want to insure that it is non-partisan, which, again, the current Editor is not doing.  I'm going to save my aggressive style that many people hate for the site I build some day.
 
The little bit of revenue that does come in would be, of course, divided among us - after bills (hosting and bandwidth).  At least until our initial investments have been recouped, then we should consider reinvesting to improve the site.
 
This email is being sent to about 20 people.  I could include more but did not want to alert those that might want to sabatogue [sic] any effort like this.  If everyone pitched in as little as a couple of hundred dollars, we would probably be there (I'll research market values and get back to those who express interest).  With the deal struck, I'd approach the others for contributions.
 
Finally, I would consider making up the difference if too few of you want to be involved.  I would be reimbursed according to the percentage of my investment to the whole.
 
Let me know if you want in.  I'll open the recepient list when I reply to the responders so y'all can all collaborate.  Also, I have a little experience drawing up legal documents.
 
Regards,
 
Ron Lewis
 
I could even envision a business model where we charge contributors some VERY modest fee for Premier Status (a search engine accessible bio page included) - $5-10.


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Email: ron.lewis@hughes.net



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