Where We Stand by The_Brett
What do these 3 Men Have in Common?
It seems like some people are making more state of OneSeason posts than usual, and I am a copy cat so I will chime in.
It currently kind of blows if you have a lot of money in.
It is still moderately fun if you are playing with $50 - $100 and can see 5 - 10% gains off IPO hits.
Everyone will likely continue to go down thru the summer.
Football SHOULD see some renewed interest, but existing players likely will not recover overly quickly as new options will continue to come to market.
If you have a TON (60+% of FRTE) of someone, you are kind of screwed short term.
If you have a few shares of every football player, you will likely be able to make a few measley dollars.
Bullpup theorized today that perhaps OneSeason is correcting to where they expected it. I interpreted that to mean that he thinks it is possible they are only after very small casual players.
The fact of the matter is that if the rent on their office is $5000 (laughable low for SF) and they are getting 1% commission in each direction they need $250,000 worth of shares traded a month to cover that cost.
I have also heard it theorized that they may be getting as much as 7% interest on the money in the system, and that is how they intend to profit.
5 employees (less than we know they have) making $50,000 each (pretty standard for 20 something college grads) would mean they need $3,571,428.57 in the bank at an AMAZING interest rate to afford those employees, and we haven’t even discussed traditional and non traditional benefits yet.
I think the final theory is that CRV giving them 3.5 million dollars buys them time.
Startups are not usually given 2nd phase money until they hit the 2nd phase.
3.5 million would BARELY cover the advertising they are doing in addition to their hosting fees and operational costs.
The reality is that something WILL change in the very near future.
OneSeason out of sheer necessity can NOT remain in it’s current state.
The logical move? You tell me
Tags: OneSeason forum, oneseason info, OneSeason message board, OneSeason news
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June 29th, 2009 at 10:36 am
What is laughable is this analysis. Anyone who seriously thinks a start up of this size will operate in the black, the six months after launch just shows how far off the mark one person can be. Fueled by the rest of the OSN diehards you are so far off the mark it is almost a waste of time to respond. $50K salaries? Where are you located West Virgina? Maybe, if they got tons of stock options (in oneseason, not AROD) They will burn through the 3.5 million the investors gave before they will be profitable. They gave the investors a 3-5 year plan. Investors want 500% to %1000 return on their money. Hang in there. Trades SOIs. Leave the business analysis to the professionals. Please don’t tie OneSeason’s success to the market moves. If traders make good trades, and interest in the site builds, OneSeason will be fine. Who cares if they make money anyway? They were losing money when the market was going up, and they are losing money now the market is going down. They will continue to lose money for a few years. After all this is not the net boom anymore.
June 29th, 2009 at 12:23 pm
Hey somejerk, nice discussion.
I think Brett’s point is actually right on with yours, you may have misinterpreted it. He’s saying that OneSeason will be fine, and there HAS to be a bigger plan that what we are currently seeing (and what people are bitching about)People have the opinion “PAY ME NEW USERS”
when the smarter people understand that the long term plan is 3-5 years, not 3-5 months.
Nice discussion bro, thanks!
June 29th, 2009 at 2:49 pm
The thing is that when they got the funding Bull_pup was touting OS as a booming internet business and how it is going to be great and succesful. He said he visited the headquarters and that Sroka looking to expand to “entire wings” of office buildings. It didn’t make sense then(what internet company needs lots of office space?) and is certainly not true now. Then people were trying to figure out why they kept the $10 free deal going, it’s still going by the way. Then people say they are just trying to perfect this thing before they advertise, well, any credible web site developer would have had this thing down pat by now. I know it’s a dynamic market, but it sure as hell isn’t rocket science and there is no time to make money like the present. There is no way that this company can sustain itself and you’re kidding yourself if you think that the OS guys are happily building this thing slowly. “Internet baseball cards” they called them, meanwhile they are releasing players that most of us would stick in the spokes of our bikes. “It’s all about 3rd party applications” they’ve said, well, $5 Target gift cards aren’t what everybody else had in mind. Second phase money looks like it was a blind stab at the chance that this thing could actually take off, if it did they would have had a good stake in the company when Sroka sold it off, right now it looks like it will be a nice right off. This “market” has been in a slow and steady decline and OS can’t sustain this for 3-5 months let alone “3-5 years”. $1.75 shares of A-rod and .75 cent shares are only attractive or fun if you’re investing your paper route money, unfortunately those kids don’t have credit cards to deposit money. Just an opposing thought, take it or leave it.
June 29th, 2009 at 3:00 pm
I was looking at your ramblings with an open mind until you said “right off”….”it’s write off” you fucking retard.
GFYS
June 29th, 2009 at 3:04 pm
lol! Welcome back Bubba Pup! I’ve been wondering when you’d grace us with your presence again. About the expanding entire wings deal, that is what Mike and DJ told us. They showed us where the empty wing of the building they are in currently, is and told us they planned to be expanding into it. We just report the info from them dude.
June 30th, 2009 at 5:02 am
people just need to chill out and get on a boat imo
July 1st, 2009 at 2:50 pm
“notorious”?!
Really?!
Let’s hope that I am your lucky charm, but I wouldn’t bet on it.
Let me know if the Nation wants me to come back and be the voice of opposition. If there is a big bounce next week you might want to make me a moderator? lol
July 8th, 2009 at 11:13 pm
I just have to lmmfao at yousuck
that comment was amazing. I was thinking much the same thing…props on thinking like me. lol. the best part was the GFYS at the bottom. Amazing. I couldn’t have put the whole comment better if I wrote it myself. Cheers!
July 8th, 2009 at 11:15 pm
somejerk
I agree
July 10th, 2009 at 1:45 pm
I would concentrate on a typo as well if I was on this sinking ship! I understand, the truth hurts.
I will be lmfao when Sroka sends out the market closing e-mail and you are all scrambling to get your $50 checks.
Oh, I know, the market will pick up during football season, the 3rd party apps are really going to kick in soon, this is a work in progress, build slowly and then advertise….
I can’t type anymore, I’m laughing too hard and might make another typo!
GFYM
July 12th, 2009 at 11:57 pm
typo? A typo is like thsi. Saying “right off” when it should be “write off” is not a typo. That’s first amendment rights being given to imbeciles in possession of a keyboard. Pompous arrogant ones at that.
The market just expanded to Canada. So if you can laugh like a Frenchman eh? That would be sufficient for me.
Also, please don’t include so much of your family relations hidden into your name. And thanks…I think I will go fuck my midget now…peace.
July 13th, 2009 at 5:08 pm
take your own advice…
your mom’s a midget?!
July 13th, 2009 at 9:51 pm
brother?!
July 14th, 2009 at 8:18 am
pwned!