Anyone have $50 million I can borrow?

[D. Strout]

If anyone has $50,000,000 I could borrow, I'd like to buy out ColoCrossing 100%. From there, I'd shut down all servers with IPs in Spamhaus SBL ranges pending verification of the identity of the owners. If the owner is a known spammer or refuses to provide satisfactory information, I'd take them offline and report them to the proper authorities. Finally, get those SBLs taken off the record.

Next step would be to rename the company. Not sure of the new name yet, but something fresh. I would want to give the impression that this company, formerly ColoCrossing, is turning over a new leaf. As part of that, I would replace old equipment, get some IPv6 ranges from ARIN, and roll out native IPv6 across the entire network. Maybe also get some better peering in place - open to suggestions there.

After that, I would assess the financial situation to see how to make the company more profitable. Invest in some advertising perhaps, return some IPs to ARIN since I wouldn't need as many as CC uses now. I'd have to see how much I get from "goodwill" now that ColoCrossing is a legit, "clean" company. I'd love to think that people who don't currently buy ColoCrossing servers would start when they see what I'd be up to. That could allow companies based primarily on the ColoCrossing network to expand their orders with the company. As money allows, I could expand to new (i.e. overseas) markets and attract more customers that way.

Final step would be to split LowEndBox/Talk off in to their own company (perhaps a wholly owned subsidiary), based on advertising revenue. I'd choose some trusted people to run it, then let it go from there.

So, if anyone wants to lend me the cash, I'll see what Biloh would accept in terms of an offer.

 

[drmike]

Bahaha...

CC and $50 million?   No way Strout.

Total CC income (likely includes brands you know like HudsonValleyHost, ChicagoVPS, BlueVM, 123Systems, etc.) in 2013, was $6~ million.  That's money in the door pre-costs.

So let's do some sloppy math...

700k IPs @ $10 each = $7.5 million~

1-1 annual income = $6 million

Equipment off lease = $3 million?

So far we are at $16.5 million or one-third of your asking.

Seriously, I've long been of the idea that CC is available on market for $10-15 million.  

 

[drmike]

and the source for the income 2013:

http://www.bizjournals.com/buffalo/subscriber-only/2014/06/27/fast-track.html

CC ranked 2nd for fastest growing company in Buffalo...

 

 

 

 

 

 

 

2

ColoCrossing
8195 Sheridan Drive
Williamsville, NY 14221
800-518-9716

253.50%

$6.17 million

$3.35 million

$1.75 million

Jonathan Biloh, [email protected]

$6.17 million = 2013

$3.35 million = 2012

$1.75 million = 2011

 

[D. Strout]

Gotta have some money to spare for other stuff Besides, companies usually sell for more than the value of their assets. Biloh would want something to live on for the next 40 years.

 

[Deleted]

As a former employee of CC, I am LOL'ing at this thread. 

 

[D. Strout]

As a former employee of CC, I am LOL'ing at this thread. 

Obviously my proposition isn't serious, so I'm curious why you're LOLing.

 

[texteditor]

Only if you tell me your plans for the extra $47 million

 

[Deleted]

Because of the things in this post, never thought they would be top 10 for spam networks. Hilarious.

 

[D. Strout]

I'm well aware of how messed up a lot of ColoCrossing is, which is why I suggested buying it out and "reforming" the company. Hard work? Yes. Worth it due to how much cleaner the web would be? Yup.

 

[DomainBop]

So, if anyone wants to lend me the cash, I'll see what Biloh would accept in terms of an offer.

I'm confused.  Why are you talking to the VP of Operations about an acquisition?  You might have better luck speaking  directly to his mommy the President and CEO.

 

[D. Strout]

I'm confused.  Why are you talking to the VP of Operations about an acquisition?  You might have better luck speaking directly to his mommy the President and CEO.

As we all know, when it comes to ColoCrossing, titles and positions are very "flexible".

 

[Deleted]

Zeus C&C:

 

 United States 
Host: notmnsettttt.co.uk
A Record: 192.210.203.72
AS number: 36352
AS name: AS-COLOCROSSING - Co
SBL: SBL225915
Dateadded (UTC): 2014-05-02 07:57:15
Lastchecked (UTC): 2014-07-07 10:21:33
Lastupdated (UTC): 2014-06-29 11:45:39

 

Malware stuff (lots of these):

 

http://www.malwareurl.com/ns_listing.php?as=AS36352

 

[D. Strout]

Somewhere in my business plan, I'd have to open up a form that would allow users to submit links to records from the various companies that have blacklisted CC in one way or another. Admittedly, it would be hard to find all of them, there being so many. But a more determined cleaner-upper you wouldn't find.

 

[drmike]

As a former employee of CC, I am LOL'ing at this thread. 

You like those mass inflation numbers for PR - let's ramp the company up and try to cash out while IPv4 is still in demand/hot/valuable?

No sensible company opens a new HQ's last year in the posh suburbs and this year abandons it for the beat up central city.

 Biloh would want something to live on for the next 40 years.

They already have the big boat / pleasure craft.... someone call the Miami Vice actors for a reunion and made for after school movie...

http://www.youtube.com/watch?v=Q3L4spg8vyo

 

[drmike]

I'm confused.  Why are you talking to the VP of Operations about an acquisition?  You might have better luck speaking  directly to his mommy the President and CEO.

Isn't it funny that she's the head of a daycare and tasked with properly educating the youths.. and she happens to be the SPAM QUEEN of the net... blowing up my mailbox and children's mailboxes everywhere with offers for illegal drugs, Viagra, sexual satisfaction and bad imposter ripoff goods...  There must be some subversive connection here...

 

[qps]

return some IPs to ARIN since I wouldn't need as many as CC uses now.

You mean sell, right?  Because you can easily sell IP space.

 

[DomainBop]

You mean sell, right?  Because you can easily sell IP space.

59% of ColoCrossing's IPs are blacklisted by Spamhaus so the market value of those dirty IPs might be a little less than you'd get if you were trying to sell clean IPs

 

[PwnyExpress]

Instead of forking millions for ColoCrossing, why don't you figure a way out how crash their company down to micro-pennies or possibly femto-pennies on the dollar?

That'd be a much cheaper way of buying them out when they're basically FUBAR'd with Chapter 7 and then liquidate their company that way.

 

[qps]

59% of ColoCrossing's IPs are blacklisted by Spamhaus so the market value of those dirty IPs might be a little less than you'd get if you were trying to sell clean IPs

Once ColoCrossing doesn't own them any longer, it wouldn't be hard to get them removed off of blacklists.

 

[drmike]

Instead of forking millions for ColoCrossing, why don't you figure a way out how crash their company down to micro-pennies or possibly femto-pennies on the dollar?


That'd be a much cheaper way of buying them out when they're basically FUBAR'd with Chapter 7 and then liquidate their company that way.

I think someone might have been taking a whack at the company for a while...  the subsidiaries or "investments" as they call them surely are underperforming now..

As far as them failing and hitting bankruptcy, I doubt that will happen.   For one they have access to credit which may still exist.  Second, they can always sell their future payables for cash ala Burst.net... Third I think the family money would help float them for a while.

Big picture I see is a likely stagnation of sales and income decrease.  Certainly income per customer is falling.   Income isn't doubling in 2014 to $12 million like the hype manufactured.. and if it does, it's a paper game for other reasons.

59% of ColoCrossing's IPs are blacklisted by Spamhaus so the market value of those dirty IPs might be a little less than you'd get if you were trying to sell clean IPs

True.  But their possession is the problem and issue.   QPS pointed that with them gone from ownership, the IPs *LIKELY* would get scraped clean and someone else would get a fair-like shake with Spamhaus.