Originally Posted by
GUWonder
Too bad you didn’t get a (credible) offer of $150M, or you would have jumped on it or been jumped on for not taking it.
The “if 20,000 …..” thing was just whipped up from thin air as an extreme but unlikely example — an imaginary example to be jumped on by someone realizing it wouldn’t take that many bank card applications for the site to have banked 25 million USD in revenue over the years.
Perhaps someone should ask [MENTION=251]Randy Petersen[/MENTION] how many bank card referrals get credited to OMAAT annually.
Well, considering TPG sold out for ~$11M
. And maybe that was only twice what Ingy got?
Lucky certainly could have banked $5M, $25M, $50M, or $100M over the years. Speculate all you want, but it's just that, speculation.
I doubt Randy knows anything other than ballpark figures for card revenues. Pretty sure those flow directly to each BA blog, with Randy just taking a cut of the display ad revenue, which are small potatoes compared to the credit card stuff.