The Ebay Exit

Filed in archive Business News on May 22, 2007

More and more people use ebay nowadays for buying and selling enything you could possibly think of - from couches, phones and cars to companies. Yes, you read it rite : companies. More and more companies put themselves up for sale on ebay after they have stopped being succesfull. Apparently this has become a trend.

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).()

Let's buy a company today. I'm bored....