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Tom's Hardware sold for $15 million to $20 million

Discussion in 'News' started by Bastieeeh, Apr 8, 2007.

  1. Bastieeeh New Member

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    A rumor has it that the publishing company behind Tom's Hardware was sold for a whopping $15 million to $20 million US dollars. All the site's CEO, Omid Rahmat, confirms at the moment is that the company has been sold and they will make an official announcement soon.

    Source: TheInquirer
     
  2. NamesDontMatter

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    damn power to them.
     
  3. jocksteeluk

    jocksteeluk New Member

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    id say that is a pretty cheap price for such a well known name as that µ.
     
  4. NamesDontMatter

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    sure its well known, but theirs alot of other buisness/financial factors involved(Many of which we don't and won't know about). I'm almost positive they are happy with their millions :laugh:
     
  5. Kreij

    Kreij Senior Monkey Moderator Staff Member

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    I knew I should have started that hardware site I was thinking about 10 years ago. DOH!

    They have a nice site, but I like TPU better.
     
  6. RickyG512 New Member

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    so some little computer fanboy makes a website bout his interests computers and sells it for 20 mil, wtf
     
  7. Kreij

    Kreij Senior Monkey Moderator Staff Member

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    Capitalism at it's finest.
    Never believe anyone who says you couldn't do it too.
     
  8. WarEagleAU

    WarEagleAU Bird of Prey

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    Tom's Hardware is an awesome site. I love it there. Good for them.
     
  9. russianboy New Member

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    w1z, don't you dare
     
  10. Dark Ride Mushkin Rep

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    Don't worry. TPU is "only" worth approx. $280.000 USD. I'm pretty sure that he wouldn't want to sell it at that price. :)
     
  11. Bastieeeh New Member

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    I'll take two! =)


    No, to be honest, that is a damn huge number...
     
  12. Dark Ride Mushkin Rep

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    Nimm 2 :laugh:
     
  13. russianboy New Member

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    $280?
     
  14. Dark Ride Mushkin Rep

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    No. Two hundred and eighty thousand USD.
     
  15. demonbrawn

    demonbrawn New Member

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    $280,000. Lots of people use "." instead of ","
     
  16. Completely Bonkers New Member

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    For DOLLAR, use , for thousand and . for decimal.

    For EURO, use . for thousand and , for decimal.

    Odd, but these are the international standards. (ISO)
     
  17. russianboy New Member

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    We use rubles.
     
  18. Easy Rhino

    Easy Rhino Linux Advocate

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    hrm. so if TPU sold all of its assets and added up its current cash from advertising sales it would be worth $280,000. im curious as to how that all adds up.
     
    Crunching for Team TPU
  19. russianboy New Member

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    Am I (the TPU slave) included?
     
  20. ex_reven New Member

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    yes, +.5
     
  21. XooM New Member

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    thats astoundingly high for such a horrendous monstrosity of journalism at its worst... But, then again, bias and "financial backing" go a long way in capitalism, don't they.

    TPU <3
     
  22. ex_reven New Member

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    its all about who you know and how you know them.
    In this case, the site is known and visited by a shitload of people.
    Therefore it has a good position to offer a prime position for advertising and influencing the hardware market. You gotta spend money to make money :D
     
  23. Zalmann

    Zalmann New Member

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    Toms Hardware has been one of the pioneers of IT Journalism. I remember when I first started in IT, Toms Hardware was my main source of IT news/reviews/opinions. Sure, they have had their share of controversy (ie the NVIDIA fiasco), but this is the same with the industry (journalism that is) as a whole and not just the IT sector.

    Dr. Tom Pabst (MD) will always be highly regarded in my books, he helped shape the industry to what we know as today, including TPU. Overclockers as we know them today, all owe something to Dr Tom, who was one of the pioneers of overclocking.

    Here is a link about Dr Tom for those interested.
    http://www2.tomshardware.com/site/personal.html
     
    Last edited: Apr 9, 2007
  24. yogurt_21

    yogurt_21

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    it's not toms hardware that is worth the estimated 20mil, its the publishing company.
    as nice as it would be there really isn't that much money in it sites. lol
     
  25. ex_reven New Member

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    i see...

    so its 20 million virtual dollars :laugh:
     

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