LONG ISLAND, NY - At the end of last year, based on what was happening in the online automotive industry, I took a good look at some of the major automotive websites as there was a steep industry decline in web traffic for the 4th Quarter. This is an update to where these sites are now and what's changed. The 3rd domain name on the list happens to be Cars.com, which was recently valued at a staggering $872 Million Dollars. If you are interested in a breakdown on just how … [Read more...]
How To Build an $8.7M Business Capturing Just 1% of the Marketplace or Competition
NEW YORK, NY - According to a financial statement uncovered by Domain investor, George Kirikos, the Cars.com web site address was recently valued at a staggering $872,320,000. If you were ever going to try and mimic a successful online business model, this could be a fantastic place to start (The entire business itself was valued at $2.5 Billion Dollars). Think about it like this, if you could make a business that was valued at, or worth, even just a tiny, tiny, percentage … [Read more...]