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PodServe For Sale on eBay (No Reserve)

August 27, 2007

PodServe has just been put up for sale on ebay, here is the listing.  We have decided that a retail facing podcasting application is not the best use of time for the Big in Japan team.  Launched shortly after Odeo (recently sold for $1MM), PodServe was picked by INC Magazine in 2006 as "Best for Podcasting".  The application was presented at Under the Radar 2006, held at Microsoft, and won the Peoples’ Choice award as well as the Best in Show award.  The application was reviewed and covered by hundreds of publications including such Web 2.0 mavens as Mike Arrington from TechCrunch. 

The application allows users to create accounts, create podcasts and upload recordings for free.  Our original intent was to create a ‘pro’ level account whereby users would pay a monthly or yearly fee to use the service with enhanced features such as statistics.  Additionally, we thought we would include third-party ads on the web pages and possibly within recordings.  We never moved forward with these ideas because we became distracted by third-party requests to create custom forms of the application.  PodServe served us well from this standpoint, but we have neglected the application.  We almost never update the application or respond to support requests.  Early this year we stopped accepting new users (we will turn user sign ups back on for the sale). 

Recently a new version of PodServe was written and is now completed (bug testing is still required) and we are faced with the daunting task of launching PodServe 2.0.  Our team, sitting around the conference table, decided that we don’t have the resources or passion to commit the time necessary to migrate PodServe 1.0 into PodServe 2.0 at this time.  Our thought?  What if someone else wanted to take over the application and build a real business around podcasting?  What if we could find someone interested in monetizing the application? 

Application Stats: 

  • 5,701,609 subscribers to podcasts
  • 6,000,000+ in browser listeners to podcasts
  • 5551 podcast authors registered
  • 5286 podcasts uploaded and hosted on PodServe

Application Location:

What’s Included:

  • Name & Trademark
  • SourceCode
  • Copyright
  • URL
  • 6 months of hosting (to allow you to migrate system to another host ~ less than $1,000/month in costs)

Written by Alexander Muse · Filed Under Blog 

Comments

2 Responses to “PodServe For Sale on eBay (No Reserve)”

  1. crawlspace|media » Blog Archive » Podserve At Your Service? Says:
    August 27th, 2007 at 2:44 pm

    [...] similar application recently sold for a cool million dollars.   add to del.icio.us | digg this | technology, biggu,blogs [...]

  2. Jeff Underwood Says:
    September 24th, 2007 at 6:20 am

    I was interested to see that you plan to sell Podserve, and you’ve taken the innovative route of offering it on eBay. May I take this opportunity to point out that my business, also called podServe (www.podserve.co.uk) is not for sale. We offer CD ripping services to music lovers in London, UK and plan to continue doing so.

    Best of luck with the sale, I hope our namesake finds a good new home.

    Jeff Underwood
    podServe.co.uk

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