Does it have a future?
I don't think it has a future.
When you buy a business you are expected to make the things better. Interestingly what I have observed since the last 10 years is that many new owners have made good online services worse. I don't remember any popular website that has improved after sold. This is weird. Isn't it?
Some examples I remember now and may add more if I remember later:
sitepoint > flippa
Probably many newbies don't know. Flippa was formerly sitepoint. I was actively buying-selling websites there. Sitepoint had a good, popular marketplace in 2000's. Then they announced they were sold. The new owners moved the sitepoint marketplace to a new domain, flippa.
escrow.com
I used escrow.com in domain and website transactions. it was a good service in the past before it changed hands. The new owners started to ask for personal documents like flippa. Now most people stay away from esrow.com. When my buyer refuses to give his personal documents to escrow.com I understand him as I too would never give my documents to an online website unless they are clearly a financial institution. Flippa and escrow are not providing financial services in my opinion as they don't give loan, collect deposits, give ATM/credit cards, provide investment services etc. They only show themselves as if they are required by law. I don't believe that argument.
afternic > gd
it was better before sold to gd.