TGP Howto

How to make money running TGPs

"Money is the sign of liberty. To curse money is to curse liberty--to curse life, which is nothing, if it be not free." -- de Gourmont

Sunday, June 24, 2012

Businessweek on Stuart Lawley

There's an article on Stuart Lawley and the .xxx tld in Bloomberg BusinessWeek. Before you waste your time reading it, Mike South summarized it for you:

I saw that article and read the whole bullshit thing.

It leads one to believe that lawley made his fortunes selling .xxx and that plain aint true.

He was a multimillionaire way before getting involved in XXX. According to the story .XXX revenues were 25M in the first quarter....My guess is that MIGHT cover his outlay but thats about it. He fought for years to get that approved and spent a lot of money, add in the salaries, offices, lawyers, kickbacks, bribes etc I bet he hasnt shown a dime in profits and the revenues will just go downhill from here.