Simmons Report On Agloco

The Simmons report states:

The following analysis is centered around the amount of personal value an Agloco user could get, with a special focus on a user who is actively referring new users to Agloco. Material used included the Agloco website (membership agreement, privacy policy, FAQs and general information pages). Management Interviews, critical blog postings concerning Agloco, internet advertising and commerce data, valuations of other Internet communities and the business model economics of Google, Yahoo, MySpace, YouTube, etc.

The valuation conclusions are based on Agloco reaching two million users in a two year time span (which will be much more I think):

• A user who has no referrals should receive ownership in Agloco worth on average about $150,-. (plus monthly cash distributions).
• The average value of an Agloco user's referral network should be $30,- each in ownership shares plus the referrer's share of monthly cash distributions.
• The average Agloco direct referral should be worth in excess of $3,000 each (taken into account that the extended referrals are 100).
• The analysis also shows a range of monthly cash distributions of between $5,- and $15,- a month per user.
• The Agloco business model look theoretically sound - (assuming they get to a decent size quickly - at least 500,000 users within nine months to a year).

This all sounds very promising, especially because this valuation was written December 9th, 2006. I think the network has grown to around 500,000 users, if not many more.