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8 Year VPN business for sale - 200K Yearly Revenue - Page 3
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8 Year VPN business for sale - 200K Yearly Revenue

135

Comments

  • randvegeta said: Who are you talking about here?

    王維基 - not sure he still owns it though.

    randvegeta said: Must be 1 expensive parking space

    Oh yea it is, Causeway bay ain't cheap.

    randvegeta said: After all, what overseas investor is interested in buyin a 20sqr meter shoe box?

    The ones that by other investments - in cheap but plenty jobs - want to acquire citizenship or permanent residence.

  • @William ... but it's worth it. Food around Causeway Bay and the general area are both cheap and delicious :D

  • randvegetarandvegeta Member, Host Rep

    @doghouch said:
    @William ... but it's worth it. Food around Causeway Bay and the general area are both cheap and delicious :D

    The street food maybe. Restaurants aren't cheap (not very any way)..

  • @randvegeta said:

    @doghouch said:
    @William ... but it's worth it. Food around Causeway Bay and the general area are both cheap and delicious :D

    The street food maybe. Restaurants aren't cheap (not very any way)..

    Yep ^

  • randvegetarandvegeta Member, Host Rep

    doghouch said: Yep ^

    Man cannot live on fish-balls and egg waffles! Well.. not for long any way :-)

    Hard to live cheap and healthily in HK. You can be cheap OR healthy. Not really both...

    Thanked by 1vimalware
  • I have a better offer.

    I'm willing to send you to a chinese prison for only 150K$ Whole families (min 5 persons) will be elegible for 20% rebate!

    (Because that's what the original offer really comes down to.)

    Thanked by 1AuroraZ
  • @randvegeta said:

    doghouch said: Yep ^

    Man cannot live on fish-balls and egg waffles! Well.. not for long any way :-)

    Hard to live cheap and healthily in HK. You can be cheap OR healthy. Not really both...

    True, but that was from a foreigners perspective.

  • Can I pay with Foodstamps?

  • WilliamWilliam Member
    edited September 2017

    Nuntius said: Lol your companies make 7 digits in what currency?

    EUR.

    Again: Revenue has zero to do with profit. Profit levels are 6 digits (i gladly tell you what i earned 2016 but it does not matter, but i'm sure i paid more tax to the Croatian gov than you earned net in that entire year alone). This was the entire point.

    Nuntius said: I mean you need to sell hardware on lowend talk to get some cash and than have a company with 7 digits in revenue

    I never NEEDED to sell hardware, i WANTED to sell hardware that i had laying around. Our offices (PLURAL) and flats (PLURAL) are full of shit, as simple as that.

    Here, check some hardware that just lays around here, or our drone, or the segways, or the countless PCs, or our colo hardware....

    https://prnt.li/f/04ed505faa02e489fcc2deeaef98772d-riech5gugo.html

    Even at low estimated numbers our living room here alone contains enough crap to pay a new car. Oh, and don't forget all the IP space i own and rent out...

    Or maybe you just want to see some real money... yea it's ugly, i know. But it's still cash bro :)

    Now might be best idea to shut up and let real business happen - i unlike others did actually already talk with OP and have all numbers, but am simply by the legal construct not interested.

    Thanked by 2jh jesin
  • NuntiusNuntius Member
    edited September 2017

    @William said:

    Nuntius said: Lol your companies make 7 digits in what currency?

    EUR.

    Again: Revenue has zero to do with profit. Profit levels are 6 digits (i gladly tell you what i earned 2016 but it does not matter, but i'm sure i paid more tax to the Croatian gov than you earned net in that entire year alone). This was the entire point.

    Nuntius said: I mean you need to sell hardware on lowend talk to get some cash and than have a company with 7 digits in revenue

    I never NEEDED to sell hardware, i WANTED to sell hardware that i had laying around. Our offices (PLURAL) and flats (PLURAL) are full of shit, as simple as that.

    Here, check some hardware that just lays around here, or our drone, or the segways, or the countless PCs, or our colo hardware....

    https://prnt.li/f/04ed505faa02e489fcc2deeaef98772d-riech5gugo.html

    Even at low estimated numbers our living room here alone contains enough crap to pay a new car. Oh, and don't forget all the IP space i own and rent out...

    Or maybe you just want to see some real money... yea it's ugly, i know. But it's still cash bro :)

    Now might be best idea to shut up and let real business happen - i unlike others did actually already talk with OP and have all numbers, but am simply by the legal construct not interested.

    All not low price shit and cash -nice!
    Yes I think you are doing good business. Good luck for the future.

    Thanked by 1William
  • @William said:
    Here, check some hardware that just lays around here, or our drone, or the segways, or the countless PCs, or our colo hardware....

    https://prnt.li/f/04ed505faa02e489fcc2deeaef98772d-riech5gugo.html

    Where do you colo that quadcopter?

  • WilliamWilliam Member
    edited September 2017

    teamacc said: Where do you colo that quadcopter?

    Sadly in Austria - using them in this area of Croatia is not legal at this time by military (navy) restrictions :(


    As for OPs offer; the company is "solid" (and i did not sign an NDA either but will not disclose numbers) and profitable - but the legal construct around it (exactly the questions i also posted here, lawyer and prior legal issue experience as well as incorporation which seems to not exist at all at this time) would make a takeover for nearly anyone a nightmare:

    • Incorporate offshore or local (and decide on this as well as business plan)
    • Move financial to company (so change all customer payment access)
    • Hire a lawyer to get at least some ToS hammered out
    • Pre-pay another lawyer specialised in illegal web things (cp, warez and so on) for arising issues

    Which, at this levels, unless the price asked is REALLY low (near zero or near zero and an employee position for some time, or similar setup) makes this not interesting to me and i assume most others. Exception would be a VPN provider able to merge it into their existing.

  • Be careful their service are mainly focused in China market, but China gonna to ban VPN.

    Most likely they predict it will not be easy to maintain 200K yearly revenue in the future.

  • @William It wouldn't kill you to be a bit more gentle sometimes. You don't need to rub the fact that you have multiple offices in his face.

  • WilliamWilliam Member
    edited September 2017

    doghouch said: @William It wouldn't kill you to be a bit more gentle sometimes. You don't need to rub the fact that you have multiple offices in his face.

    I could. And i do in other posts as you have surely seen.

    I worked hard this years to get out of my shit to where i am now (and along this hired multiple people from LET, financed some peoples projects and generally returned knowledge and contacts often) - Some random German with seemingly zero business understanding (all questions are relevant and the revenue:profit example is as well) calling my country "3rd world" deserves absolutely zero respect and is a disgrace to the idea of the EU, all Croatians and Croatia itself.


    try4lontalk said: Be careful their service are mainly focused in China market, but China gonna to ban VPN.

    True but this primarily would have monetary impact, legal wise what China does is not worth crap anywhere aside of China, Hong Kong and Macao.

    But yes, this also needs to be taken into account, and that operating with circumvention methods - if China actually implements this law which is not certain as usual - might cause you trouble if you ever want to visit China or do local business.

    The money loss, assuming you find a payment method for them as the circumvention of the ban can and WILL be done, might be not too high though. But if OP operates out of China now selling is the best solution for own safety.

    Thanked by 1rubiohiguey
  • @William I guess it's fine to defend your country.

    Can't find the post though

    Thanked by 1William
  • @doghouch his?

    Also living in a nearly third world country ... yes you must be very successful ...

    Exact copy from his post above.

    Thanked by 2randvegeta Aidan
  • HBAndreiHBAndrei Member, Top Host, Host Rep

    William said: Here, check some hardware that just lays around here, or our drone, or the segways, or the countless PCs, or our colo hardware....

    https://prnt.li/f/04ed505faa02e489fcc2deeaef98772d-riech5gugo.html

    Damn, I got the exact same chair as you do in the 2nd pic, and it's just as badly ripped as yours, heh.

  • randvegetarandvegeta Member, Host Rep

    @William said:
    @doghouch his?

    Also living in a nearly third world country ... yes you must be very successful ...

    Exact copy from his post above.

    People say the same about Lithuania too.

    Thanked by 2William rubiohiguey
  • WilliamWilliam Member
    edited September 2017

    HBAndrei said: Damn, I got the exact same chair as you do in the 2nd pic, and it's just as badly ripped as yours, heh.

    Yea, Ikea i think, it's still fine though even with that, i think they just used crappy material on the sides -.-

    randvegeta said: People say the same about Lithuania too.

    Yea, which is not true either, we are all EU, and EU is one.

    While i am just another "expat" here (however i do have locals working with and for me), have no cultural connection/ancestry local and do not want to learn the language him calling an EU member 3rd world is pretty low, and i highly doubt the guy ever went further down than Slovenia (if at all).

    So yes, this does annoy me, we are not 3rd world - this is a modern EU member with some deficits but not worse than Bulgaria or Romania (hell, Rijeka and Zagreb are more clean than Athens).

    Because he lives comfortably in "the West" thinking living here means "you cannot be very successful" is, in my mind, absolutely despicable behaviour and shows no respect for the EU concept and he should be educated why it exists (and the wars that lead to it especially). I absolutely love this country and the people and i doubt anyone that ever visited, tourist or working, would not either, and i will defend it against such things as EU citizen regardless if my passport is from here or not.

    But this is not the topic for this thread (and i am in fact not even sure why i still reply either, but bored i guess).

    Thanked by 3pike jvnadr Ole_Juul
  • William said: I worked hard this years to get out of my shit to where i am now

    Congrats - Couldn't have been easy. I remember you had a tough time with depression. Hopefully those days are behind you.

  • Is that a joint on your desk?
    writing application now

    Thanked by 1jh
  • jvnadrjvnadr Member
    edited September 2017

    Nuntius said: living in a nearly third world country ... yes you must be very successful ...

    Croatia a... near third world country? Wow, this "third world" definition must be very large in your mind and is probably containing the 2/3 of the countries worldwide...
    I am curious, though: where are you from? And what can makes you think your country citizens are something better than Croatian ones?
    As @William said, you can be successful everywhere. Even in the real so called "third countries" (I always hated this definition) and by that, I mean of course the really poor countries in Africa with very limited or no democracy at all. They are nowadays developing rapidly and there are plenty of opportunities there to have a successful carrier and make real money.

    Thanked by 1iKeyZ
  • jvnadrjvnadr Member
    edited September 2017

    William said: Some random German with seemingly zero business understanding

    Some people from Germany (thank God, they are few) are still acting like they are something better that others, hold up by their strong economy nowadays. (Not that there are no people on other countries, even in my own, thinking they are the children of GOD and only them).
    But these, should really study some history to discover the reasons of the growing economy of their country, the methods german companies followed in all the "third countries" to gain extreme profits using grey or shady methods (look WV and Siemens, as examples), the help in the '50s because of the then Cold War etc.

  • William said: (hell, Rijeka and Zagreb are more clean than Athens

    Unfortunately yes! Even if I love my country, this statement is true...

  • WilliamWilliam Member
    edited September 2017

    rincewind said: Congrats - Couldn't have been easy. I remember you had a tough time with depression. Hopefully those days are behind you.

    heh, a... bit more complex than that but yea, whatever. Some years until next episode, and this time both medical and legal people are prepared (and paid). Bad luck, bad genetics. Happens and i'm happy it is solved for now, and also for other people i was able to help by my experience with the medications and the Austrian gov/healthcare system (yes, even with my low empathy levels i do such things, because it is just something you do).

    pike said: Is that a joint on your desk? writing application now

    hehe, even if it seems so - partly. It has CBD but no THC (extracted) so is legal (i could get medical but this is hard and rare, even if you are foreigner and have money), i like to smoke it due to the taste mostly.

    jvnadr said: Unfortunately yes! Even if I love my country, this statement is true...

    Yes :(

    I really wanted to like Athens and the tram system (as well as subway) is absolutely great (with DAMN good AC), everything looks nice and english at stores was no issue (it was, but the staff tried in any way to help us) but even 2013 the trash and smell was already an issue, and i almost got beaten up by riot police (the guys in black bus things) at Syntagma sq for taking pictures of the parliament(i think?) and them....

    And this - i actually went to it and touched it, and yes it seems to be a 9mm bullet impact - did not really make me feel much more secure either...

    However, the stay - in the middle of the city, Hotel Stanley, was extremely cheap. Extremely cheap as in at the time even Bulgarian hotels would have charged more. Can absolutely recommend, nice roof bar and good AC, with balcony that allows smoking.

    Do you maybe know what this building is btw? We ran by it in Pireas and it was by far the worst condition of a high rise i have ever seen anywhere, including the middle east...

    Pic | Geoloc on Google Maps

    I will come back for sure anyway however, and also see some islands at least once. Party on Crete :)

    jvnadr said: As @William said, you can be successful everywhere

    In fact, i could be in Austria as well. I just like the sea, have staff here and the income tax rate is far lower (plus more simple). And with this EU thing, as said - we all are one - we moved here for multiple reasons just as designed.

    And it was the most painless move ever. I got my ID within few days, with not much questions and opening a company is a matter of 250EUR and a week time, not like in Austria thousands and weeks.

    Culture wise Croatia - or rather the entire region - is as cold as me but still loves party, is forgiving and always helpful. And the gov is focused on useful things like drug smuggling or the EU outer border, not some random dude smoking weed on a beach and similar that gets them some fine money but just hate by their own people.

    Croatian cops are great, and they loved our segways - met some random in middle of the night, they asked if they can test them and they did, they went their way, we did and all was nice - in Austria they would have fined us for driving that thing as first, no helmet as second and on street third.

    Will cut the video of this later and upload to YT; need to wait for my office assistant to wake up. Guy passed out in office bunk bed :')

  • jvnadrjvnadr Member
    edited September 2017

    William said: i almost got beaten up by riot police (the guys in black bus things) at Syntagma sq for taking pictures of the parliament(i think?) and them....

    Well, cops didn't come to you because you were taking pictures of the parliament (all tourists does it and taking pictures of the "unknown soldier"), but because you took pictures of their armed vehicles... This is making them angry, I think, in every country...

    William said: And this - i actually went to it and touched it, and yes it seems to be a 9mm bullet impact - did not really make me feel much more secure either...

    This is the European Union offices in Greece, and there are armed police guards in it. Don't joke with it, they take serious protection measures in the center of Athens, in the area were government and embassy buildings are. But generally, with an exception of riots the last years, police in Greece is not as violent as in most central european countries...

    William said: However, the stay - in the middle of the city, Hotel Stanley, was extremely cheap. Extremely cheap as in at the time even Bulgarian hotels would have charged more.

    Athens (or, I should say, Greek) hotels are not expensive but most of them are way over average in professionalism, specs and luxury terms. Greece is, after all, one of the most developed countries in the world in the field of tourist services, so, this affects the hotels and short-term renting places, also.

    William said: Do you maybe know what this building is btw? We ran by it in Pireas and it was by far the worst condition of a high rise i have ever seen anywhere, including the middle east...

    If I remember well, this was the head offices of a big tobacco company that has been bankrupted since decades. There are some high buildings in such condition in Athens, but they are few, most of them are renovated and be used till now.

    William said: I will come back for sure anyway however, and also see some islands at least once

    Well, you should drop a visit to Ionian Islands and mostly Corfu, where I live! Not because I live here, but I have traveled a lot and still think Corfu is one of the most beautiful places in the world! :)

    https://atcorfu.com/wp-content/uploads/2015/05/corfu-airport.jpg
    http://www.discovergreece.com/~/media/images/destination-header/c/corfu/the-old-town-of-corfu-from-above.ashx
    https://media-cdn.tripadvisor.com/media/photo-s/0e/35/b6/53/madalena-corfu-boat-trips.jpg
    https://www.smartertravel.com/uploads/2017/06/shutterstock_517476949-1400x500.jpg

    Thanked by 1William
  • @William said:
    @doghouch his?

    Also living in a nearly third world country ... yes you must be very successful ...

    Exact copy from his post above.

    Oh crap, didn't read.

  • jvnadrjvnadr Member
    edited September 2017

    William said: Do you maybe know what this building is btw?

    Update: I asked and it is an abandoned commercial building built in 1972. there is a big discussion at the moment if the municipality should destroy it and build something more eco-friendly in this place, or begin a full renovation and use it for several services in the area.
    This is a picture of the inside, today:

    (yes, I know i derail the thread...)

    Thanked by 1William
  • Thanks all.

    We've found good partner already.

    Wish us good success.

    Thanked by 3Aidan pike yomero
This discussion has been closed.