URL Shortening Business For Sale!
March 30, 2009
Evidently shorter is better. TinyURL the original URL shortner is worth $46 million according to Erick Schonfeld of TechCrunch. Bit.ly just raised $2 million on a $6 million dollar pre-money valuation (making it worth $8 million). Then I remembered, we have a URL shortner ourselves called elfURL.com. It is shorter than TinyURL, but a little bigger than Bit.ly - I figure it could be worth around $1 million. The long ignored project/service is desperately in need of a caretaker. We are putting elfURL up for bid:
Option One: Buy Half for as little as $1 (bidding starts at $1). You would be fully responsible for the operation of the business and would share 50% of all proceeds fromt he business. Better include a pitch and a plan if you want me to accept your offer.
Option Two: Buy it All for a starting bid of $25,000, highest bid by Friday wins.
Bidding starts tomorrow and end on Friday. The best deal wins. All offers should be emailed to amuse@m-ven.com by 5PM CST on Friday. This is a serious offer. Lots of folks covered elfURL after we built it back in 2005:
