Jelsoft's future

[Kier]

Yes, I understand that the developers like you are not dealing with the vBulletin sale side of things, and probably you also only found out later on before us. But that still doesn't mean, maybe people like John decided to ask you to put the Blog into motion because he did known the sale was going through, and saw an advantage in starting production on it.

John has not been involved with vBulletin for several years now.

I decided to put the blog, project tools etc. into production many, many months before I knew anything about IB.

[Fusion]

I decided to put the blog, project tools etc. into production many, many months before I knew anything about IB.

Pray tell!

[harmor]

This is a business, and these things happen in business. People buy companies off other people etc. Name me one company that asked it's consumers whether acquisition by a third-party was a good idea or not... It's none of the consumers business. You of course have a choice whether to use the software or not, but I'd at least give it some time before passing judgement on the intentions of the new owners

I know it's not the same but I think I remember one company asking their share holders what they thought about the merging they were deciding to go through with.

[Wayne Luke]

I know it's not the same but I think I remember one company asking their share holders what they thought about the merging they were deciding to go through with.

All companies have to ask their shareholders if they want to go through with a merger or acquisition. The shareholders are the owners of the company.

[harmor]

All companies have to ask their shareholders if they want to go through with a merger or acquisition. The shareholders are the owners of the company.

I thought the CEO could overrule though.

[Wayne Luke]

I thought the CEO could overrule though.

Nope... CEOs are often shareholders in their own rights but unless they own more than 50% of the company, their vote doesn't mean more than anyone else's. 1 share often equals 1 vote. In fact CEOs can lose their jobs if they are not the majority shareholder and propose something that can be unpopular with the shareholders. All it takes is a shareholder to get enough votes for a vote of no confidence to oust them.

A no confidence vote is why Michael Eisner lost his job at Disney. Roy Disney simply didn't think he was doing the best job anymore and had the shareholders vote. It is also how Steve Jobs got ousted from Apple in the 80s, even though he was a founder of the company.

[Ohiosweetheart]

I decided to put the blog, project tools etc. into production many, many months before I knew anything about IB.

and I, for one, am VERY glad you did!

[Didzi]

I started to do a little research on Internet Brands out of curiosity and found out that some of their current revenue is obtained from selling users / visitors data.
Does this mean that Internet Brands will have access to data from thousands of online communities from vBulletin now or in the future?

[Darren Lewis]

Like a lot of customers here, I've got mixed feelings about this.

It's interesting to see that Jelsoft decided to sell out to a larger company, rather than float on the stock market, raise capital, buy in more expertise and expand that way...

Anyway congratulations to John and James on their success and boost to their bank accounts

[harmor]

Nope... CEOs are often shareholders in their own rights but unless they own more than 50% of the company, their vote doesn't mean more than anyone else's. 1 share often equals 1 vote. In fact CEOs can lose their jobs if they are not the majority shareholder and propose something that can be unpopular with the shareholders. All it takes is a shareholder to get enough votes for a vote of no confidence to oust them.

A no confidence vote is why Michael Eisner lost his job at Disney. Roy Disney simply didn't think he was doing the best job anymore and had the shareholders vote. It is also how Steve Jobs got ousted from Apple in the 80s, even though he was a founder of the company.

Thanks. I don't know that much about the business world. I've read that Don Bluth left Disney because they were making 2nd rate animation (This is not an exact quote). I don't know if Eisner was still employed when Blth left. I'll do some research on my own and let the topic get back on track.

[Fusion]

I started to do a little research on Internet Brands out of curiosity and found out that some of their current revenue is obtained from selling users / visitors data.
Does this mean that Internet Brands will have access to data from thousands of online communities from vBulletin now or in the future?

Care to post any links related to that, Didikoy?

[Floris]

I started to do a little research on Internet Brands out of curiosity and found out that some of their current revenue is obtained from selling users / visitors data.
Does this mean that Internet Brands will have access to data from thousands of online communities from vBulletin now or in the future?

Jelsoft staff does not have access to the databases from online communities. We sell the software, and we have no access to the sites that run vBulletin.

[---MAD---]

John has not been involved with vBulletin for several years now.

I decided to put the blog, project tools etc. into production many, many months before I knew anything about IB.

I am still looking forward to any news on vbulletin 4.0. I have made a few posts about it and have recieved no reply .

[Floris]

I am still looking forward to any news on vbulletin 4.0. I have made a few posts about it and have recieved no reply .

That probably means it isn't time yet to disclose any information about vBulletin version 4 at this point. Sorry. Any official news will as always be posted in the announcement forum.

[feldon23]

The parent company does now have access to the information we have provided Jelsoft.

This assumption, and it is an ASSUMPTION, is the root of a lot of the negative discussion in this thread.

I have no reason to believe that Jelsoft has provided a CD-ROM or other download of their entire customer database to Internet Brands.