Idle Media Inc (IDLM)

[wadirum1]

Thanks.

Alexa has never tracked Datpiff well, in part because Datpiff relies on apps and also because Marcus apparently has removed or blocked various tracking strategies. I don't really have any idea about the details of that, but I remember him laughing about Alexa and how he had defeated their ability to track.

Perhaps a bigger question is WHY he is so secretive. I have no answer there either, except that he doesn't seem able to understand how being public can be beneficial to an entrepreneur. And he seems to be, by nature, a bit of a secretive recluse. Maybe he doesn't want us to have any idea of how Datpiff is doing so that we won't resent the fact that he got us all to invest and then put all the company profits into his own pocket.

I'm not trying to say this is in any way a good situation. However, I am not alarmed by any Alexa numbers, and I still think that IDLM would be an extremely attractive buy-out candidate at 20c per share.

Here's another source of web traffic:

https://www.similarweb.com/website/datpiff.com#overview

This has a less dramatic chart. And even though there has been some decline from a recent peak, I still think 3.7M visits a day (inclusive of the mobile app) is worth something.

Where you will get zero argument from me is over the question of whether Marcus should sell IDLM now, before competitors eat his (our) lunch. Of course he should. The guy is apparently brilliant in some ways, but his obvious management deficiencies mean that he will never grow IDLM further and he is in real danger of losing what he has.