Flippa

Last updated

Flippa.com Pty Ltd
Flippa Logo - Oxford Blue Background - square.jpg
Type of site
 Private
Founded2009;15 years ago (2009)
Headquarters
Melbourne, Australia, and Austin, Texas, U.S.
No. of locationsAustin, Portland, Barcelona, São Paulo, Copenhagen, Moscow, Hamburg, Berlin, Milan, Toronto
Founder(s)
  • Mark Harbottle
  • Matt Mickiewicz
Key people
Industry Internet
Services Marketplace for buying and selling online businesses
URL Flippa.com
Native client(s) on iOS, Android, Windows

Flippa is a private marketplace for buying and selling online businesses, based in Melbourne, Australia, and Austin, Texas, United States. [1] It was founded in June 2009 by Mark Harbottle and Matt Mickiewicz.

Contents

History

Flippa was founded by Mark Harbottle and Matt Mickiewicz as the SitePoint Marketplace, [2] and was spun off as a separate website in June 2009. [3] By 2015, it had traded more than $140 million in websites, domains, and mobile apps. [4]

The majority of Flippa's revenue comes from selling online businesses including content sites, SaaS businesses, ecommerce businesses, apps, digital services, marketplaces and more. [1] The most expensive sale to date was a portfolio of Singapore-based apps, which sold for US$35,000,000. [5] [6] The most expensive domain name sold was planetrx.com, selling for US$1,200,000. [7] [8] Other notable websites and domains sold through Flippa have included Mark Zuckerberg's former website Facemash, [9] [10] overnight success story shipyourenemiesglitter.com, [11] [12] Retweet.com, [13] [14] and AllAboutCookies.org. [15]

During the 2012 US presidential election, the domain name RomneyRyan.com was listed on Flippa. [16] It reached US$8,050 in bids, but did not sell. [17] [18] It dropped in price the next year and was eventually sold through GoDaddy for US$235.00. [19]

In May 2015, Flippa bought Domain Holdings, a domain name brokerage firm based in Florida. [20]

On August 27, 2015, Potato Parcel was sold on Flippa for US$42,000. [21] [22] A few months earlier, the viral website shipyourenemiesglitter.com from creator Matthew Carpentor sold for US$85,000. [23] [22]

On September 20, 2021, Flippa announced a US$11,000,000 Series A capital raise led by Sydney-based venture capital firm OneVentures. [24]

On March 16, 2022, after acquiring Richard Patey's Alts Cafe, Flippa announced the launch of ALTS by Flippa, an alternative asset investing newsletter and Discord community. [25] Written by Richard Patey, the newsletter shines light on "alternative investing opportunities, from online business to crypto & NFTs". [26] As of November 2022, its Discord community boasts over 2000 members. [27]

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References

  1. 1 2 "About Flippa". Flippa. Retrieved February 6, 2014.
  2. ↑ "About Us". SitePoint . Retrieved November 25, 2022.
  3. ↑ Magain, Matthew (June 10, 2009). "Introducing Flippa: The New Place to Buy and Sell Web Sites". SitePoint Blog. Retrieved November 25, 2022.
  4. ↑ Bender, Adam (May 6, 2013). "Australian startup snapshot: Flippa". TechWorld. Retrieved February 6, 2014.
  5. ↑ Domingos, Manuela (April 22, 2022). "The Off-Market App Portfolio That Sold on Flippa for $35MM". Flippa Blog. Retrieved March 18, 2023.
  6. ↑ "CONFIDENTIAL - SaaS listed on Flippa". Flippa. Retrieved March 18, 2023.
  7. ↑ "planetrx.com - Website for sale". Flippa. Retrieved March 15, 2015.
  8. ↑ "Flippa sales". DNPric.es. Retrieved March 15, 2015.
  9. ↑ "FaceMash.com - Domain Name for sale". Flippa. Retrieved March 15, 2015.
  10. ↑ Indvik, Lauren (November 19, 2012). "Mark Zuckerberg's College Website Sells for $30,000". Mashable. Retrieved February 6, 2014.
  11. ↑ "ShipYourEnemiesGlitter.com has sold! - Apparently all that glitters IS gold. Get help finding other golden opportunities like this one on Flippa". Flippa. Retrieved March 15, 2015.
  12. ↑ Kenn, Nick (January 17, 2015). "Shipyourenemiesglitter.com sells on Flippa". TheGuardian.com. Retrieved January 17, 2015.
  13. ↑ "retweet.com - Website for sale". Flippa. Retrieved March 15, 2015.
  14. ↑ Siegler, M.G. (February 17, 2010). "Retweet.com For Sale. Buy It And Risk A Lawsuit From Twitter". Mashable. Retrieved February 6, 2014.
  15. ↑ Goudswaard, Courtney (November 11, 2022). "From Cab Driver To Multi-Millionaire: How a NZ Retiree Sold His Site With 92% Profit Margin on Flippa". Flippa Blog. Retrieved March 18, 2023.
  16. ↑ "romneyryan.com - Domain Name for sale". Flippa. Retrieved March 15, 2015.
  17. ↑ "RomneyRyan.com Site Goes up for Auction". Fox Business. August 17, 2013. Retrieved February 6, 2014.
  18. ↑ "RomneyRyan.com Fails To Sell On Flippa.com". The Domains. August 31, 2013. Retrieved February 6, 2014.
  19. ↑ "romneyryan.com historic sales". DNPric.es. Retrieved March 15, 2015.
  20. ↑ "Hold onto Your Hats! Flippa Acquires Domain Holdings - Predicts $70 Million in Sales This Year". www.dnjournal.com.
  21. ↑ Volkman, Elliot (November 27, 2015). "Forget Holiday Cards, Send a Potato". Tech Cocktail. Tech.Co. Retrieved August 11, 2016.
  22. 1 2 Whitten, Sarah (August 28, 2015). "Viral potato website goes on sale". CNBC . CNBC LLC. Retrieved August 11, 2016.
  23. ↑ Whitten, Sarah (August 19, 2015). "This guy makes $10,000 a month shipping potatoes". CNBC . CNBC LLC. Retrieved August 11, 2016.
  24. ↑ Tunnah, Christina (September 20, 2021). "Press Release: Flippa Raises US$11M Series A Capital". Flippa Blog. Retrieved November 25, 2022.
  25. ↑ "Flippa Launches "Alts" - A New Community for Alternative Asset Investors". PR Newswire. March 16, 2022. Retrieved November 25, 2022.
  26. ↑ "Alts by Flippa". Flippa. Retrieved November 25, 2022.
  27. ↑ Patey, Richard (November 23, 2022). "Alternative Asset Roundup (23rd Nov)". ALTS by Flippa. Retrieved November 25, 2022.
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