Tuesday, July 10, 2007

Startups selling on eBay ;-)

eBay Startup Sales - Going, going, gone...to the geek in the back! from Read/WriteWeb by Richard MacManus

USAToday has an article today discussing the recent trend for startups to sell themselves on eBay. USAToday starts off with a joke:

"What do Beanie Babies, Pez Dispensers and troubled Internet companies have in common? They're all for sale on eBay."

eBay has become known as a quick and easy way to sell your startup, should you need to. Techcrunch has a nice phrase for this - the "eBay exit". USAToday notes that "more than 10 dot-coms" have recently put themselves up for auction on eBay. The paper says that Search engine DigForIt.com sold for $25,400 this month and SynapseLife, an online calendar and organizational site which Techcrunch wrote about, sold for $60,000 (it opened at $50k). Also Read/WriteWeb covered the eBay sale of Talkr in February this year, which sold for $50k all up. There are many more instances of ebay exits we could list. And there are other places where startups can sell themselves too, like SitePoint Marketplace (Josh Catone noted in January that Blogster went that route).

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