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Companies try eBay to sell themselves

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Postby jumble » Mon May 21, 2007 1:03 pm

Anyone seen any companies on sale on ebay lately? :) I found this story interesting.

...
More than 10 dot-coms have recently sought buyers on the popular auction site. Search engine DigForIt.com sold for $25,400 this month after promising bidders "great revenue potential." SynapseLife, an online calendar and organizational site, sold for $60,000 despite warning it had "no advertising revenue."

Corporate acquisitions are usually handled by investment bankers or merger experts. EBay is best known for consumer goods. Still, entrepreneurs are turning there because deals are simple, fast and cheap. "On eBay, you have it closed within a month," says SynapseLife co-founder Mark Michael.


Full article: http://www.usatoday.com/tech/techinvest ... ales_N.htm
jumble
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Postby Mark » Sat Jun 23, 2007 12:51 pm

Surprisingly, eBay isn't always the best place to sell online (or offline) businesses - you can normally get a better price for your business by selling elsewhere.

However, for coverage alone it's hard to beat eBay.
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Postby jumble » Tue Jun 26, 2007 9:26 am

very true. ebay has a huge audience but whether they search for what you are selling is sometimes a bit hard to predict. i personally never even realised people were selling businesses on ebay so it would have been the LAST place i would have looked.
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