Announcement: NAM and Internet Brands - North American Motoring


Site Feedback Open forum for discussion of this site. Post your kudos or criticism so that we can continually improve service to the new MINI community.

Announcement: NAM and Internet Brands

Reply
 
 
 
Thread Tools Search this Thread
  #1  
Old 02-12-2008, 11:57 AM
Mark's Avatar
Mark Mark is offline
North American Motoring :: Founder
Thread Starter
 
Join Date: Jan 2002
Location: Colorado
Posts: 3,070
Thanks: 0
Thanked 0 Times in 0 Posts
Announcement: NAM and Internet Brands

Dear NAM members,

I'm pleased to announce that North American Motoring has been acquired by Internet Brands, Inc. I sincerely believe that this relationship will be of great benefit to the site and my efforts to develop new features designed to serve the MINI community. I realize that this news may come as a surprise to many of you, and you’ll have many questions relating to what this will mean to the site, my role, and the future of the NAM Community.

Just who or what is Internet Brands?

Internet Brands is a publicly traded company (INET) that operates a number of leading e-commerce and community websites in the automotive, home do-it-yourself, and travel and leisure markets. In the automotive space they own sites such as AudiWorld, ScionLife, CorvetteForum, CarsDirect.com and many others.

In 2007, Internet Brands acquired Jelsoft, the company that develops vBulletin, the message board software upon which NAM is built. As mentioned above Internet Brands operates a multitude of auto enthusiast and other community focused sites. Having access to a large network of sites and their collective experience will enable NAM to develop best practices for moderation, posting guidelines, vendor standards, features, and more.

Besides bringing technical and business expertise, an added benefit to NAM is that this opportunity will allow me to return to more of a software development role. Some of the fruits of these efforts are already being revealed in the form of a new club directory, an upcoming enhanced membership program offering with an online magazine, and more. I have a lot more planned and am building a software development team to make it happen. NAM will be a beneficiary of this new development focus.

What exactly will I be doing?

Most importantly, this change will enable me to focus more time on the development of features for the site. In the past, because of all the other responsibilities I hold, development of features has always gotten delayed. I’ll still be involved in the management and organization of the site for the foreseeable future, but my focus will be development. I’ll also be working to make the membership program and online magazine successful, organizing MINIs on the Dragon for 2008, and contributing to the site in various ways.

How will the site change?

Internet Brands brings horsepower to the site that I’ve only been able to manage via brute force on my own. Functions such as upgrading to the latest versions of vBulletin, managing server infrastructure, database performance tuning, and backups have dedicated staff at Internet Brands managing these activities on a daily basis. Internet Brands and I will be working together to ensure that the site is continually improved and serves the MINI community. You won’t be blanketed by ads that aren’t in some way MINI-related. You won’t be forced to pay for basic site access. In general, NAM will continue to evolve and improve to serve the interests of members, clubs, and vendors… just like it started. Now though, I’ll be able to help affect more change through the development and release of new features and areas of the site.

Why did I sell NAM?

When Internet Brands first contacted me, I wasn’t interested in selling the site. Only after lengthy discussions on the needs of the site, community, and my vision of how to continue to improve it did a relationship emerge that respected the community and would enable it to thrive going forward. I’ve always worked to treat the site, the way I administer it, and develop features for it as a business. Working with vendors required it to be a business. I knew that I couldn’t keep up the host of site-related functions that I have been handling since the site launch way back in 2002. This move provides an opportunity to refine and focus on what I enjoy doing (software development for communities) while also allowing the community to continue its growth and development.

I have other questions. How do I get them answered?

I know there are likely a multitude of other questions you’ll have. Post them to this thread and I’ll do my best to address them. I’ve also provided some basic FAQs that Internet Brands has supplied. Hopefully they will also answer some of your questions.

I am very excited by these new developments and hope that you will welcome the site and community improvements that this will enable.

Sincerely,

Mark Ferguson
Founder – North American Motoring



FAQ’s

Q: Why did Internet Brands buy North American Motoring?
A: Internet Brands’ mission is to empower consumers to make better decisions about buying and maintaining their most important purchases, such as cars and homes. NAM’s users offer outstanding advice and support for MINI owners and shoppers, newbies and veterans alike, which should be a very good fit with the rest of the Internet Brands Automotive sites.

Q: Will NAM become part of another Internet Brand site?
A: Internet Brands plans to keep NAM a separate, thriving site and to continue expanding its content, community, and traffic.

Q: Are Mark and the other moderators going to continue on NAM?
A: Yes. Everyone will continue the level of involvement with the site and community based on their interests… just like before.

Q: How will the acquisition help NAM?
A: The main benefit will be having more infrastructure and technology resources behind the site. Better servers and hardware will mean better performance for the site and admin tools. And more technology resources will mean faster bug-fixes, quicker turnaround on site changes, and more frequent updates in site software, like vBulletin or photo-posting applications. Additionally, with Mark’s focus on software development, NAM will have some best of breed features not available elsewhere.

Q: Will my NAM log-in or password change?
A: No. You will access NAM as you always have.

Q: Will NAM’s privacy policy change?
A: No. As before, your registration and account information won’t be shared with or sold to third parties.
Reply With Quote
  #2  
Old 02-12-2008, 03:25 PM
PGT's Avatar
PGT PGT is offline
Banned
iTrader: (11)
 
Join Date: May 2006
Location: DC Metro
Posts: 7,681
Thanks: 0
Thanked 0 Times in 0 Posts
<sigh>
Reply With Quote
  #3  
Old 02-12-2008, 03:47 PM
lotsie lotsie is offline
Banned
 
Join Date: Mar 2004
Posts: 15,383
Thanks: 0
Thanked 0 Times in 0 Posts
Things change, always will. This will have an effect on NAM, hopefully a good one. Looking forward to seeing how this plays out, as both NAM and the MINI brand move ahead.

Mark
Reply With Quote
  #4  
Old 02-12-2008, 03:54 PM
CR&PW&JB CR&PW&JB is offline
6th Gear
 
Join Date: Aug 2006
Location: Maryland
Posts: 12,300
Thanks: 0
Thanked 0 Times in 0 Posts
I hope Mark made $.5 MIL on the sale of NAM. If not, he got taken.
Reply With Quote
  #5  
Old 02-12-2008, 04:00 PM
PGT's Avatar
PGT PGT is offline
Banned
iTrader: (11)
 
Join Date: May 2006
Location: DC Metro
Posts: 7,681
Thanks: 0
Thanked 0 Times in 0 Posts
sites are rarely ever worth that much. 1.5x annual revenue is the normal valuation, but that varies widely and Internet Brands is known for throwing tons of money at people. I'd be surprised if it was into six figures, but I don't know the books (nor do I care to).
Reply With Quote
  #6  
Old 02-12-2008, 04:22 PM
ScottinBend's Avatar
ScottinBend ScottinBend is offline
Banned
 
Join Date: Jun 2003
Location: Oregon, USA
Posts: 3,589
Thanks: 0
Thanked 0 Times in 0 Posts
OH goody.........now we have gone even more commercial.

This is one reason I don't go to MINI2 anymore......
Reply With Quote
  #7  
Old 02-12-2008, 04:32 PM
03Indigo's Avatar
03Indigo 03Indigo is offline
User Title's are Silly
 
Join Date: Jul 2003
Location: Arvada, Colorado
Posts: 2,022
Thanks: 0
Thanked 0 Times in 0 Posts
Quote:
Originally Posted by Mark View Post
Dear NAM members,

I'm pleased to announce that North American Motoring has been acquired by Internet Brands, Inc.
Reply With Quote
  #8  
Old 02-12-2008, 10:35 PM
HighLife4136's Avatar
HighLife4136 HighLife4136 is offline
5th Gear
iTrader: (2)
 
Join Date: Nov 2007
Location: Somewhere just left of off center
Posts: 735
Thanks: 0
Thanked 0 Times in 0 Posts
Could be interesting...might be boring *shrug*

There's actually a decent discussion about this going on at the leading alternative MINI site.
Reply With Quote
  #9  
Old 02-13-2008, 12:18 AM
MINIxB's Avatar
MINIxB MINIxB is offline
6th Gear
 
Join Date: Jan 2007
Location: Kansas City, MO
Posts: 6,774
Thanks: 0
Thanked 0 Times in 0 Posts
Let's hope it doesn't turn out like ScionLife did....
Reply With Quote
  #10  
Old 02-13-2008, 03:41 AM
PGT's Avatar
PGT PGT is offline
Banned
iTrader: (11)
 
Join Date: May 2006
Location: DC Metro
Posts: 7,681
Thanks: 0
Thanked 0 Times in 0 Posts
Quote:
Originally Posted by MINIxB View Post
Let's hope it doesn't turn out like ScionLife did....
do you mean this isn't a positive thing? like, no wai!!
Reply With Quote
  #11  
Old 02-13-2008, 04:23 AM
o4amini's Avatar
o4amini o4amini is offline
6th Gear
 
Join Date: Apr 2006
Location: In a state of confusion....
Posts: 16,144
Thanks: 0
Thanked 0 Times in 0 Posts
Quoting Mark's post..

"You won’t be forced to pay for basic site access."

Does this mean there will be some fee for other than basic access?

Nothing in life is static. I hope this works for all concerned.

And, the community feeling that exists here won't be lost or taken away.
Reply With Quote
  #12  
Old 02-13-2008, 05:48 AM
JustJAY JustJAY is offline
6th Gear
 
Join Date: Mar 2006
Location: MD
Posts: 3,332
Thanks: 0
Thanked 0 Times in 0 Posts
what about the future of MOTD? Since Mark doesn't own NAM anymore and MOTD and NAM are VERY interconnected, will this mean that future MOTD events will be sponsored by Internet Brands Inc.?
Reply With Quote
  #13  
Old 02-13-2008, 05:49 AM
pezboy's Avatar
pezboy pezboy is offline
5th Gear
 
Join Date: Jul 2002
Location: Boston, MA
Posts: 704
Thanks: 0
Thanked 0 Times in 0 Posts
Cash is king.
Reply With Quote
  #14  
Old 02-13-2008, 06:08 AM
Mark's Avatar
Mark Mark is offline
North American Motoring :: Founder
Thread Starter
 
Join Date: Jan 2002
Location: Colorado
Posts: 3,070
Thanks: 0
Thanked 0 Times in 0 Posts
Quote:
Originally Posted by o4amini View Post
Quoting Mark's post..

"You won’t be forced to pay for basic site access."

Does this mean there will be some fee for other than basic access?

Nothing in life is static. I hope this works for all concerned.

And, the community feeling that exists here won't be lost or taken away.
As is mentioned in the announcement we will soon be releasing a new bi-monthly online magazine as part of an an enhanced membership program. I hope to post more information about this in the next few days.

Mark
Reply With Quote
  #15  
Old 02-13-2008, 06:13 AM
Mark's Avatar
Mark Mark is offline
North American Motoring :: Founder
Thread Starter
 
Join Date: Jan 2002
Location: Colorado
Posts: 3,070
Thanks: 0
Thanked 0 Times in 0 Posts
Quote:
Originally Posted by JustJAY View Post
what about the future of MOTD? Since Mark doesn't own NAM anymore and MOTD and NAM are VERY interconnected, will this mean that future MOTD events will be sponsored by Internet Brands Inc.?
No it does not. The software I've developed for NAM to help coordinate MOTD was not part of the acquisition. Neither was the NAM Store which handles the attendee registration, calendar sales, etc. The use of that software within northamericanmotoring.com will continue and will be seamless. In other words it will, this year and in the future, to work in a similar manner to what we've done in the past.

I'm still very involved in MOTD and spent more than two hours yesterday working on it. I hope to have registration up near the end of this month given that I can get some facility decisions in place. Unfortunately the departure of Toni Crisp (my counterpart at Fontana) has slowed us down a bit in getting some of the big issues finalized.

Mark
Reply With Quote
  #16  
Old 02-13-2008, 06:51 AM
sil3ncer7's Avatar
sil3ncer7 sil3ncer7 is offline
5th Gear
 
Join Date: Apr 2007
Location: Houston
Posts: 903
Thanks: 0
Thanked 0 Times in 0 Posts
This is sad to see. Hopefully this goes for the positive.. I would hate to see people leave cause the other company chooses to run it different. I hope there car mini/car buffs like us, In my eyes you cant REALLY run a place like this if you don't like, understand, and relate to cars (mini's of course)

But Mark I am sure you made a good choice, I don't think you would do something like sell off for the money just for kicks. I reasons are probably very good. I just hope things don't go sour. If they start to is there a buy-back possibility?
Reply With Quote
  #17  
Old 02-13-2008, 07:56 AM
ScottinBend's Avatar
ScottinBend ScottinBend is offline
Banned
 
Join Date: Jun 2003
Location: Oregon, USA
Posts: 3,589
Thanks: 0
Thanked 0 Times in 0 Posts
Quote:
Originally Posted by sil3ncer7 View Post
In my eyes you cant REALLY run a place like this if you don't like, understand, and relate to cars (mini's of course)

My understanding is that Mark doesn't even own a MINI......
Reply With Quote
  #18  
Old 02-13-2008, 07:59 AM
sil3ncer7's Avatar
sil3ncer7 sil3ncer7 is offline
5th Gear
 
Join Date: Apr 2007
Location: Houston
Posts: 903
Thanks: 0
Thanked 0 Times in 0 Posts
Quote:
Originally Posted by ScottinBend View Post
My understanding is that Mark doesn't even own a MINI......

WHAT!!!!!!!!

Well then maybe you can...

He may not own a MINI, but he does have a passion and a respect for cars... Doesn't he???? I hope so.. If he doesn't WOW.. Ill look like an ****..

Hopefully people get what I am trying to say though.. or see what I am trying to get across at least

If neither are true, Mark, I apoligize, please don't ban me.. I honestly wouldn't know what to do. I would be in a world of uncertainty if that happened.

Last edited by sil3ncer7; 02-13-2008 at 08:02 AM.
Reply With Quote
  #19  
Old 02-13-2008, 08:03 AM
HighLife4136's Avatar
HighLife4136 HighLife4136 is offline
5th Gear
iTrader: (2)
 
Join Date: Nov 2007
Location: Somewhere just left of off center
Posts: 735
Thanks: 0
Thanked 0 Times in 0 Posts
Quote:
Originally Posted by ScottinBend View Post
My understanding is that Mark doesn't even own a MINI......
Last I heard he owned this one:
http://www.frankenminis.com/dragonflyer.htm
Reply With Quote
  #20  
Old 02-13-2008, 08:05 AM
sil3ncer7's Avatar
sil3ncer7 sil3ncer7 is offline
5th Gear
 
Join Date: Apr 2007
Location: Houston
Posts: 903
Thanks: 0
Thanked 0 Times in 0 Posts
... if so.. pfew *as I swipe my forehead*
lol
Reply With Quote
  #21  
Old 02-13-2008, 08:31 AM
Donna/Mike's Avatar
Donna/Mike Donna/Mike is offline
Sand Dollar Collector
 
Join Date: Aug 2002
Location: Moved from Leesburg, VA to Oceanside, CA Nov. 2003
Posts: 7,249
Thanks: 0
Thanked 0 Times in 0 Posts
We can only hope that this all works out for the best.....

Donna
Reply With Quote
  #22  
Old 02-13-2008, 08:49 AM
Jahmills Jahmills is offline
5th Gear
 
Join Date: May 2006
Location: Illadelphia
Posts: 646
Thanks: 0
Thanked 0 Times in 0 Posts
SELLOUT. So will there be a ton of pop up ads & spam now?
Reply With Quote
  #23  
Old 02-13-2008, 08:55 AM
Mark's Avatar
Mark Mark is offline
North American Motoring :: Founder
Thread Starter
 
Join Date: Jan 2002
Location: Colorado
Posts: 3,070
Thanks: 0
Thanked 0 Times in 0 Posts
Quote:
Originally Posted by ScottinBend View Post
My understanding is that Mark doesn't even own a MINI......
And you would be wrong...take a look at my gallery and you will see my VTEC powered Classic.

Mark
Reply With Quote
  #24  
Old 02-13-2008, 08:57 AM
PGT's Avatar
PGT PGT is offline
Banned
iTrader: (11)
 
Join Date: May 2006
Location: DC Metro
Posts: 7,681
Thanks: 0
Thanked 0 Times in 0 Posts
Quote:
Originally Posted by Jahmills View Post
SELLOUT. So will there be a ton of pop up ads & spam now?
not quite, but certainly more than the current level.

Reply With Quote
  #25  
Old 02-13-2008, 08:58 AM
sil3ncer7's Avatar
sil3ncer7 sil3ncer7 is offline
5th Gear
 
Join Date: Apr 2007
Location: Houston
Posts: 903
Thanks: 0
Thanked 0 Times in 0 Posts
oh man, I hope not!
Reply With Quote
 
 
Reply

Related Topics
Thread Thread Starter Forum Replies Last Post
FS:: 4 New 16x7 Konig Feather Wheels schwac2 MINI Parts for Sale 18 06-14-2016 04:06 PM
Labor Day Special - 10% Off REMUS Stainless Steel Sport Exhaust Systems! PelicanParts.com Drivetrain Products 1 09-09-2015 01:42 PM
FS:: JCW/Brembo rebuild kit - pistons, seals, & dustboots squawSkiBum MINI Parts for Sale 0 09-02-2015 09:56 PM
FS:: Door lock actuator passenger side R50 R52 R53 (brand new) spackletooms MINI Parts for Sale 0 09-01-2015 10:12 PM
FS:: Alta adjustable front sway bar endlinks Hippiehobbit267 MINI Parts for Sale 0 09-01-2015 06:13 PM


Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Forum Jump


All times are GMT -7. The time now is 08:47 AM.


North American Motoring is an independently operated web site supporting MINI owners and enthusiastsworldwide. As such it has no official relationship with MINI USA, BMW AG, or BMW of North America.All original artwork and design is Copyright © 2002-2004 North American Motoring.