Bible.com - What He Said: The Words of Jesus Christ http://whathesaid.com Making the words of Jesus Christ easy to read and explore Fri, 22 Oct 2010 18:52:39 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.2 Tricky Situation http://whathesaid.com/2010/10/22/tricky-situation/ http://whathesaid.com/2010/10/22/tricky-situation/#respond Fri, 22 Oct 2010 18:52:39 +0000 https://whathesaid.com/?p=616 An investor in Bible.com is suing the company for failing to become a profitable business. Roy Spencer “Bud” Miller, an Arizona minister, bought the domain back in 1996 for $50, and set up shop to “run the site for a sacred purpose.” All that sounds nice and Jesus-like. Except that the company then accepted investors […]

The post Tricky Situation first appeared on What He Said: The Words of Jesus Christ.

]]> An investor in Bible.com is suing the company for failing to become a profitable business. Roy Spencer “Bud” Miller, an Arizona minister, bought the domain back in 1996 for $50, and set up shop to “run the site for a sacred purpose.”

All that sounds nice and Jesus-like. Except that the company then accepted investors and wrote a business plan that included the line:

“It is the goal of the board of directors of Bible.com to become very, very profitable.”

Ooops. James Solakian, the suing investor, owns 28% of the company and despite the whole camel-needle thing, has a legitimate beef. Heck, the domain name alone must be worth millions.

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