Devil Works

I’m a forum member and occasional poster at Wicked Fire. I was surprised when I saw this post in my bloglines feed that the owner had been offered $16 Million.

I checked out this thread and it appears to be entirely true. The owner, Jon, turned down the offer without a second thought which has surprised a lot of people.

Personally I can’t see the value of $16M in the forum as it currently stands. Jon said himself that it’s an incredible offer for a site that doesn’t have any income yet. The site is less than a year old which makes it more amazing that it received such a high offer.

So why did he turn it down ? you’ll have to have a look at all thread for all the reasons, but Jon basically says that he didn’t need the money and has bigger plans for the site.

What it does however show is the value of User Generated Content (UGC) and how much web 2.0 investors are valuing it at. I’ve got my own plans for a UGC site when I have the time and motivation to get it programmed. I don’t think it’s going to be ready for the web 2.0 demi bubble but hopefully it will gather some interest when web 3.0 comes around.