Flippa Explained

Flippa.com Pty Ltd
Type:Private
Industry:Internet
Services:Marketplace for buying and selling online businesses
Location City:Melbourne, Australia, and Austin, Texas, U.S.
Locations:Austin, Portland, Barcelona, São Paulo, Copenhagen, Moscow, Hamburg, Berlin, Milan, Toronto
Homepage:Flippa.com
Native Clients: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. 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]

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]

External links

Notes and References

  1. Web site: About Flippa . February 6, 2014 . Flippa.
  2. Web site: About Us . November 25, 2022 . . en.
  3. Web site: Magain . Matthew . June 10, 2009 . Introducing Flippa: The New Place to Buy and Sell Web Sites . November 25, 2022 . SitePoint Blog . en.
  4. Web site: Adam . Bender . Australian startup snapshot: Flippa . TechWorld . May 6, 2013. February 6, 2014.
  5. Web site: Domingos . Manuela . 2022-04-22 . The Off-Market App Portfolio That Sold on Flippa for $35MM . 2023-03-18 . Flippa Blog . en-AU.
  6. Web site: CONFIDENTIAL - SaaS listed on Flippa . 2023-03-18 . Flippa . en.
  7. Web site: planetrx.com - Website for sale . Flippa . March 15, 2015.
  8. Web site: Flippa sales . DNPric.es . March 15, 2015.
  9. Web site: FaceMash.com - Domain Name for sale . Flippa . March 15, 2015.
  10. Web site: Indvik . Lauren . November 19, 2012 . Mark Zuckerberg's College Website Sells for $30,000 . February 6, 2014 . Mashable.
  11. Web site: ShipYourEnemiesGlitter.com has sold! - Apparently all that glitters IS gold. Get help finding other golden opportunities like this one on Flippa. . Flippa . March 15, 2015.
  12. Web site: Kenn . Nick . January 17, 2015 . Shipyourenemiesglitter.com sells on Flippa . January 17, 2015 . TheGuardian.com.
  13. Web site: retweet.com - Website for sale . Flippa . March 15, 2015.
  14. Web site: M.G. . Siegler . Retweet.com For Sale. Buy It And Risk A Lawsuit From Twitter. . Mashable . February 17, 2010. February 6, 2014.
  15. Web site: Goudswaard . Courtney . 2022-11-11 . From Cab Driver To Multi-Millionaire: How a NZ Retiree Sold His Site With 92% Profit Margin on Flippa . 2023-03-18 . Flippa Blog . en-AU.
  16. Web site: romneyryan.com - Domain Name for sale . Flippa . March 15, 2015.
  17. Web site: RomneyRyan.com Site Goes up for Auction . Fox Business . August 17, 2013. February 6, 2014.
  18. Web site: RomneyRyan.com Fails To Sell On Flippa.com . The Domains . August 31, 2013. February 6, 2014.
  19. Web site: romneyryan.com historic sales . DNPric.es . March 15, 2015.
  20. Web site: Hold onto Your Hats! Flippa Acquires Domain Holdings - Predicts $70 Million in Sales This Year. www.dnjournal.com.
  21. Web site: Elliot. Volkman. Forget Holiday Cards, Send a Potato. Tech Cocktail. Tech.Co. November 27, 2015. August 11, 2016.
  22. Web site: Sarah. Whitten. Viral potato website goes on sale. CNBC. CNBC LLC.. August 28, 2015. August 11, 2016.
  23. Web site: Sarah. Whitten. This guy makes $10,000 a month shipping potatoes. CNBC. CNBC LLC.. August 19, 2015. August 11, 2016.
  24. Web site: Tunnah . Christina . September 20, 2021 . Press Release: Flippa Raises US$11M Series A Capital . November 25, 2022 . Flippa Blog . en-AU.
  25. Web site: March 16, 2022 . Flippa Launches "Alts" - A New Community for Alternative Asset Investors . November 25, 2022 . PR Newswire . en.
  26. Web site: Alts by Flippa . November 25, 2022 . Flippa . en-US.
  27. Web site: Patey . Richard . November 23, 2022 . Alternative Asset Roundup (23rd Nov) . November 25, 2022 . ALTS by Flippa . en.

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