Articles by Juicy Jay
When I opened the box, I couldn’t believe it. Inside, I found an unexpected Oculus Quest 2, the most popular virtual reality headset on the market. VR had been a common topic within our company for some time.
Cryptocurrency was supposed to save the world, sort of. The adult industry has eyed bitcoin — and even some less reliable, flash-in-the-pan currencies known as “shitcoins” — as a way to break free from the tyranny of banking discrimination.
Investing in startups can be exciting, but the process is inescapably risky for both investors and founders. No matter which side you’re on, it is essential to understand the different investment rounds a startup goes through and how they work.
Financial projections often do not reflect actual revenues, especially when it is a new business in which the founder has never worked before. It’s a guess, and often a wild one.
So, you’ve decided to take the plunge with your most recent business idea. What now? Knowing how to get to where you want to go is essential, and that path winds through the many life stages of a business.
There are seemingly unlimited ways a website or business can fail. Yet while venture capital can make profitability an option rather than a requirement in the short term, when it comes to long-term success, profitability is the only thing that matters in the end.
Recently I was approached by a startup founder who asked me, “What are your top three learnings to raise seed for sextech?”
Over and over again, people spend fortunes building a product or service, only to discover that nobody wants it. This is called “lack of market need” and according to CB Insights, it is responsible for over 42% of business failures.
There are four primary ways people come into business ownership, and they all have different failure rates: starting a new business, franchising, inheriting a family business and acquiring. If you are looking for a new venture, you may want to select one based on your amount of capital and risk tolerance.
So, you want to be an entrepreneur — probably because you want to make more money than you do now. After all, TV shows such as “Shark Tank” and “Dragon’s Den” have popularized self-made millionaires, as well as the thrill of raising money … or being laughed out of the room.
If you think getting rich is about a "diversified portfolio" when it comes to investing, maybe investing in startups isn't for you. While diversification will keep your money "safer" — if there is such a thing — funding startups and making acquisitions is about focus and making big bets in businesses that are often wild and crazy.
I’m a nice guy so I hate to say this publicly, but: website owners need to stop messing up their websites before trying to sell them.
Mainstream is flush with cash. Millions of dollars flood into startups every single day and billions annually. There is more funding for mainstream startups than there is market cap for the entire adult industry combined.
I used to be that guy. I used to be the one who didn’t want to tell people my idea for fear that someone would steal it. After all, ideas are worth millions, right? Wrong.
It is a matter of personal ethics that I would never tell a potential buyer that I have “another buyer” unless I have another buyer.
We develop habits all the time, repeating behaviors that reward us in some way: things like making to-do lists, multi-tasking, procrastinating when you know you have a looming deadline and wearing a condom.
You should prepare your online property for sale by getting together the required information and financials in advance, then working to make a transition more manageable — and one of the first things most buyers ask for is a profit-and-loss statement.
When it comes to the three different types of properties we sell at Broker.xxx — businesses, websites and domains — it is domains that are the hardest to sell.
Since my first website negotiation back in 2001, I’ve seen buyers and sellers make all sorts of different mistakes. These are what I call “The Deadly Sins of Selling Your Website,” and it’s exactly why you should hire a broker to handle the process.
For the cost of two cups of coffee, one man half a world away held a $25 million empire hostage, in one of the highest-profile domain disputes stemming from a rising tide of cybersquatting originating in India.