Flippa

Last updated

Contents

Flippa.com Pty Ltd
Flippa Logo - Oxford Blue Background - square.jpg
Type of site
 Private
Founded2009;14 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.

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]

Related Research Articles

<span class="mw-page-title-main">Amazon (company)</span> American multinational technology company

Amazon.com, Inc. is an American multinational technology company focusing on e-commerce, cloud computing, online advertising, digital streaming, and artificial intelligence. It has been referred to as "one of the most influential economic and cultural forces in the world", and is one of the world's most valuable brands. It is one of the Big Five American information technology companies, alongside Alphabet (Google), Apple, Meta (Facebook), and Microsoft.

eBay American multinational e-commerce corporation

eBay Inc. is an American multinational e-commerce company based in San Jose, California, that facilitates consumer-to-consumer and business-to-consumer sales through its website. eBay was founded by Pierre Omidyar in 1995 and became a notable success story of the dot-com bubble. eBay is a multibillion-dollar business with operations in about 32 countries, as of 2019. The company manages the eBay website, an online auction and shopping website in which people and businesses buy and sell a wide variety of goods and services worldwide. The website is free to use for buyers, but sellers are charged fees for listing items after a limited number of free listings, and an additional or separate fee when those items are sold.

<span class="mw-page-title-main">Kroger</span> American retail company

The Kroger Company, or simply Kroger, is an American retail company that operates supermarkets and multi-department stores throughout the United States.

<span class="mw-page-title-main">Discogs</span> Website and database devoted to audio recordings

Discogs is a database of information about audio recordings, including commercial releases, promotional releases, and bootleg or off-label releases. While the site was originally created with a goal of becoming the largest online database of electronic music, the site now includes releases in all genres on all formats. After the database was opened to contributions from the public, rock music began to become the most prevalent genre listed.

<span class="mw-page-title-main">Rakuten</span> Japanese e-commerce company

Rakuten Group, Inc. is a Japanese technology conglomerate based in Tokyo, founded by Hiroshi Mikitani in 1997. Centered around the online retail marketplace Rakuten Ichiba, its businesses include financial services utilizing Fintech, digital content and communications services such as the messaging app Viber, e-book distributor Kobo, and Japan's fourth mobile carrier Rakuten Mobile. Rakuten has more than 28,000 employees worldwide, operating in 30 countries and regions, and its revenues totalling US $12.8 billion as of 2021. Rakuten was the official sponsor of the Spanish football club FC Barcelona from 2017 until 2021, and the Golden State Warriors of the NBA as of 2022. It is often referred to as the "Amazon of Japan".

<span class="mw-page-title-main">Myspace</span> Social networking website

Myspace is a social networking service based in the United States. Launched on August 1, 2003, the site was the first social network to reach a global audience and had a significant influence on technology, pop culture and music. The site played a critical role in the early growth of companies like YouTube and created a developer platform that launched the successes of Zynga, RockYou and Photobucket, among others. From 2005 to 2009, Myspace was the largest social networking site in the world.

<span class="mw-page-title-main">AbeBooks</span> Amazon subsidiary online marketplace

AbeBooks is an e-commerce global online marketplace with seven websites that offer books, fine art, and collectables from sellers in over 50 countries. Launched in 1996, it specialises in used, rare and out-of-print books. AbeBooks has been a subsidiary of Amazon since 2008.

<span class="mw-page-title-main">Etsy</span> E-commerce website focused on handmade or vintage items

Etsy, Inc. is an American e-commerce company focused on handmade or vintage items and craft supplies. These items fall under a wide range of categories, including jewelry, bags, clothing, home décor and furniture, toys, art, as well as craft supplies and tools. Items described as vintage must be at least 20 years old. The site follows in the tradition of open craft fairs, giving sellers personal storefronts where they list their goods for a fee of US$0.20 per item.

Mashable is a news website, digital media platform and entertainment company founded by Pete Cashmore in 2005.

SitePoint is a Melbourne-based website, and publisher of books, courses and articles for web developers.

<span class="mw-page-title-main">Block, Inc.</span> American financial services company

Block, Inc. is an American multinational technology conglomerate founded in 2009 by Jack Dorsey and Jim McKelvey and launched its first platform in 2010. It has been traded as a public company on the New York Stock Exchange since November 2015 with the ticker symbol SQ.

<span class="mw-page-title-main">Flipkart</span> Indian e-commerce company

Flipkart Private Limited is an Indian e-commerce company, headquartered in Bengaluru, and incorporated in Singapore as a private limited company. The company initially focused on online book sales before expanding into other product categories such as consumer electronics, fashion, home essentials, groceries, and lifestyle products.

<span class="mw-page-title-main">JD.com</span> Chinese e-commerce company

JD.com, Inc., also known as Jingdong, internationally known as Joybuy and formerly called 360buy, is a Chinese e-commerce company headquartered in Beijing. It is one of the two massive B2C online retailers in China by transaction volume and revenue, a member of the Fortune Global 500 and a major competitor to Alibaba-run Tmall. When classified as a tech company, it is the largest in China by revenue, and 7th in the world in 2021.

Seedrs is an online equity crowdfunding company, headquartered in East London's Tech City, founded in 2009 and launched by Jeff Lynn and Carlos Silva in 2012. Since 2022 it has been a subsidiary of American crowdfunding company Republic.

Quartz is an American English language news website. It is privately held, and is focused on international business news. Quartz was established in New York City in 2012. It has specific publications for Africa, Hong Kong, India, Japan, and the United Arab Emirates. They initially did not have a paywall, then did, then dropped it.

Purch Group, Inc. was a New York City-based digital media company. Originally established in 2003 as TechMedia Network, Inc., it was positioned as a "portfolio of brands and products focused on purchasing decisions"—consisting primarily of websites focusing on reviews of consumer electronics, positioned to marketers as outlets to "directly engage with buyers in the right place, at the right time".

shipyourenemiesglitter.com is an online business set up in early January 2015.

Inquisitr, a website started in 2007 for news and entertainment stories, was relaunched in May 2011. It is owned and operated by Inquisitr Ltd.

<span class="mw-page-title-main">Cash App</span> Mobile payment service developed by Block, Inc.

Cash App is a mobile payment service available in the United States and the United Kingdom that allows users to transfer money to one another using a mobile phone app. In September 2021, the service reported 70 million annual transacting users and US$1.8 billion in gross profit.

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.


This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.