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Bree Giffen
♥♣♦♠ Furrtune Hunter ♠♦♣♥
Join date: 22 Jun 2006
Posts: 2,715
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11-07-2007 09:26
If LL was worth 5 billion I'd expect this forum to be made of solid gold. Never mind how that would work exactly.
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Uvas Umarov
Phone Weasel Advocate
Join date: 8 Feb 2007
Posts: 622
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11-07-2007 10:42
From: Lindal Kidd That does seem awfully high.
Let's do a quick sanity check. These numbers are highly suspect, for reasons that have been discussed here before, but...if we assume that the "$US spent" figure is an indicator of the amount SL "makes" in a day, then we might say LL makes about $400M per year.
A typical business might be valued at as much as 7 times earnings, or $2.8B. A 10% slice of that would be $280M.
Well, well, well...an answer that's at least in the same order of magnitude as the reported purchase price. How very interesting! I think if you add in land sales and tier, 500 million sounds reasonable.
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"On the other hand, if you are convinced that I spent all the money on a new sports car, then getting even 2.5% instead of 0% back would be quite a deal, wouldn't it?" ---ginko bank owner on his financial dealings
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Rebecca Proudhon
(TM)
Join date: 3 May 2006
Posts: 1,686
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11-07-2007 13:22
Being able to obtain 10% of a company that can print money from thin air should attract investors!
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