Buy a share in chess.com

Submitted by paul211 on Sun, 10/26/2008 at 7:25pm.

I think this site is not only growing in popularity but has exponential potential around the world considering the number of countries that people join in.

It may be time for Erick to venture a little more and offer common shares to develop the site further.

What does shares imply. That a new source of capital comes in and as the membership grows the share goes up.

What do you think about chess.com going public?

» posted in paul211's Blog

| 218 reads | 2 comments

Comments:

by Karl_ - 8 months ago
Houston, Texas United States

Member Since: Dec 2008
Member Points: 3104

I think this would be a horrible idea. It could possibly ruin chess.com if erik and staff had to start listening to investors who may know nothing about chess or even the best way to run internet sites. The same way a lot of American companies have been ruined once they go public on the market. Investors only care about short term profits, most care little about the company or its long term health.

by meserole - 12 months ago
Houston, TX United States

Member Since: Dec 2007
Member Points: 88

Id buy 10 $10 shares to start the capital raising process. Either private membership-only based premium shares issued to raise valuable funds, or get angel investors who dont even like chess, just $$. They wont appreciate the effort as we do.

Plus, in a community based site such as chess.com, member investors actually add value to the site thru participation, while outsiders may want directions that seem good, but hurt thevalue of the site and all of us in the long run.

mez

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