Where to invest? Looking for right contacts.

What you hit the lottery or something? PM me

No offense; but, if someone has a legitimate $2Mil USD to invest in an online venture, I doubt very seriously that they'd approach this forum the way you are.

IF you're sincere, prove it to us by doing what a true millionaire would do, (if they were sincerely looking for talent from this forum), and stop insulting our intelligence and experience, please.

NO, I do NOT speak for everyone here. Thus, those that disagree with me are free to chime in.

PLP,
tecHead

Hmm first-time poster, claiming he has 2 million dollars. I think this guy is looking for an ego-boost for everyone to go "Omg how did you get 2 million dollars". When in reality, we all know someone with that amount of money would NOT go to these forums.

fail whale @ OnlineInvestor.

If he does have 2mio he sure did not make them online - so much is OBVIOUS

Maybe look at buying several sites that earn that sort of yearly income in total, and just build upon them. That way, if one of the sites crash and burn, you still have the other streams of income..

I am looking for something like this:

wesellyoursite . com third one down

I would buy that in a second but what are the chances the profit continues. I am looking at something like a video site because I feel people like them and they will keep coming back and back. On the other hand, I would imagine one can buy a lot of traffic with 1.6M and maybe it would be better to start my own network of sites.

OnlineInvestor,
if you are an accrecdited investor then reach out to your contacts - other angle investors or investor groups in your area and talk with them. Lawyers, bankers, and entrepreneurs are other folks to talk to. Also there are respectable business brokers in large cities across the US and most industrialized countries so seek them out.

prepare to do your due diligence since as you've mentioned its not wise to just accept a seller's word on traffic or revenue. There are also investor list servers available and forums that cater to the range you're looking at. Others you might find onlline here are typically for very small investors. Sites are like most businesses - the main thing folks purchase is cashflow. A business broker (working for you - not the seller) will be able to give you current ratios on what to look for - multiples of recurring revenue, churn rate, ad rates, etc. Who ever your law firm is can also make recommendations - and please tell me you have a business lawyer NOW on hand and not thinking of getting one when you're ready to sign letters of intent etc.
best of luck.
--Jack

Hmmmm, I have lots of websites, I'll be happy to sell you one for $2M

I wish that people in this thread would be polite to the man who started it. Like the poster, I have two million dollars that I earned in a business unrelated to the Internet. There are many ordinary people who have earned millions of dollars in real estate, especially during the bubble years. Los Angeles real estate, for instance, remains 73% more expensive than it was 10 years ago, and similar increases apply in New York and Washington.

I have most of my money invested in silver, which will always be valuable, especially when fiat currencies are devalued by countries deep in debt.

The best way to buy an Internet business is to Google "website properties", where you can find business brokers. However, I haven't been impressed with the ethics of business brokers.