Check out this guys!

 

http://www.bricklink.com/announcement.html

 

Bricklink has Sold! Changes are coming which is amazing news!

Sold to Nexon?  They don't exactly have a stellar reputation in the online gaming community.  We will see how this develops...

As an avid gamer, I am unfamiliar with Nexon. I wish them well.

Yeah they actually don't have a good reputation, but things can change. Plus they promised to keep the fees the same!

Please update the forums.  Can't stand them

I thought Nexon was behind online games like Maple Story and Dungeon Fighter Online? Well, you guys wanted changes; looks like we'll finally get our wish.

Here's to your memory, Daniel Jezek.

It will definitely interesting to see the direction the site takes from this point forward. Either way, I think we will be getting an updated and better looking version in the near future!

This is interesting news.  Hopefully this change is for the better.  I do a fair amount of selling on bricklink and I hope the website gets more exposure and a little less clunky in the navigation forum.  They have all the fixin's for greatness and the infrastructure is there.  They just need to pretty it up.

 

Any viable marketplace with lots of buyers and low fees will always be welcome.

Well, it can't get any worse...

Well, it can't get any worse...

Don't temp fate.

Don't temp fate.

how much did they sell it for?

 

maybe ed should have bought it

how much did they sell it for?

 

maybe ed should have bought it

I'm sure it sold for quite a bit more than I can afford.  I'm sure it sold for more than 7 figures...

I'm sure it sold for quite a bit more than I can afford.  I'm sure it sold for more than 7 figures...

As in 7 Mr Golds?

Akohns that made me laugh, kudos to you... thats fair on forums

More seriously though, they sold a marketplace of 144,000,000+ visitors. I imagine the payout was more than all the Mr. Golds in all the unopened, unsmooshed, unregistered bags in the whole world.

More seriously though, they sold a marketplace of 144,000,000+ visitors. I imagine the payout was more than all the Mr. Golds in all the unopened, unsmooshed, unregistered bags in the whole world.

 

Actually, I think it might be pretty close..

Average price of a Mr. Gold right now is around $500-$600 per figure, multiply that by 5,000.

That puts you in the neighborhood of $2.5-$3 million.

At least it would be in the same ballpark.

Actually, I think it might be pretty close..

Average price of a Mr. Gold right now is around $500-$600 per figure, multiply that by 5,000.

That puts you in the neighborhood of $2.5-$3 million.

At least it would be in the same ballpark.

That would seem about right.  I remember conversations a year or so ago where  the 5-6 million dollar mark was mentioned as the value of the site.  It is quite possible.  The site was a steady money maker, even with its issues(hacking).  I know how to value a brick and mortar store, but valuating an internet store is not in my realm of expertise.  

That would seem about right.  I remember conversations a year or so ago where  the 5-6 million dollar mark was mentioned as the value of the site.  It is quite possible.  The site was a steady money maker, even with its issues(hacking).  I know how to value a brick and mortar store, but valuating an internet store is not in my realm of expertise.

Not much different, Ed. For an established site, It's usually a function of annual EBITDA rather than any underlying value of the assets (since there really aren't any). There would be some factor applied to expected annual EBITDA to come up with a sale price.