Given the huge size of fandalism, Phil would probably be better of hiring an investment banker or business broker to sell the it (not that it's his goal here)... Flippa's specialty is under $250K, once you start approaching 7-figures, the transaction gets more complex, the buyers get bigger, and it makes sense to have a professional involved.
It may be poor advice but it is an option nevertheless. pud asked for what to do next and selling the site is a potential road to take. I'm disappointed that some people have down voted this to death. I am following the rules of the site. I feel bullied after expressing an opinion.
I believe downvoting is only available to users with high karma. This makes me believe that downvoting is meant to fight misbehavior. Unfortunately there is no way to report misbehavior of downvoting. If you already have high karma you have a conflict of interest in reporting downvoting misbehavior.
I believe a taboo has slowly been growing among the entrepreneur community regarding selling startup businesses. I think it started with Mark Z. turning down offers from major tech players and it has continued with Dropbox turning down an acquisition from Apple.
I am not taking sides on whether entrepreneurs should sell their companies. But I think there is a problem when bringing up the subject is frowned upon on. I am unsure whether this is a problem with Hacker News' moderation system or it really is a taboo.