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Interesting. Is there a market for shut-down services? Clearly they had "something" if people are still signing up. Might not be a $100mm exit but I'm sure someone would enjoy running this for a few million in cash each year?


If i understand you correctly, you just valuated this business at 'a few million'? What makes you think its worth more than 5k?


The saying, “We lose money on every sale, but make it up on volume,” comes to mind.

I'm not sure "someone would enjoy running this" makes much of a difference if it can't pay the bills.


They didn't shut down if they were making a few million a year. They probably didn't scale nearly as well as they thought and never broke into a profit/subscriber number.




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