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Temasek Review Risks Shutting Down!

michaely

Alfrescian
Loyal
Things are a lot cheaper now due to economies of scale and intense competition. Back in 2001, it was a whole different ball game. I used to pay $2 per gig of bandwidth and my site consumed bandwidth at the rate of 1000 gigs per month. That's USD24,000 per annum on bandwidth alone.

Vbulletin leased licenses cost USD180 per year and I needed 4 licenses ie one for each server.

Technical service fees for customised pearl scripts would typically be charged at USD80 to USD150 per hour. I didn't have a clue how to program this sort of stuff when I first started. I had to subcontract it out to those who did it for a living. It all added up to big bucks.

Come to think of it, USD30,000 is too low... could be more like USD40,000.


Hi Sam, thanks for your explanation.

I really admire you for having the guts to pump USD$30K+ into a website.

Well, i guess it's high risk high returns, you dare to do it and now you can live a comfortable life with the profit made, kudos to you :smile:
 

jw5

Moderator
Moderator
Loyal
People who claim that they are the "victims of their own success" are more often than not, the "causes of their own failure".

If you want to take on a group of arrogant people, it's important to have lots of humility, because it makes you stand out from them.
Note for the opposition party candidates as well.
 
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