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Archive for: auction

Facebook’s Original Name, FaceMash, for Sale

There was 2003, and a young fellow by the name of Mark Zuckerberg started with a draft idea for a social network; and the name he came up with was FaceMash.com. Now, more than 7 years later, the final social network name Facebook.com has over 500 million users and FaceMash.com is for sale.

This was Zuckerberg first domain for the Harvard social network, which apparently was a college version for “Hot or Not”. The idea of a social network started to grow, and the domain name selected end up with Facebook.com in 2004. By 2007, Mark Zuckerberg did not renew the first domain name and Rahul Jain took it.

FaceMash.com is now for sale in Flippa. The auction started at U$S8000, and the current bid is at U$S19000 with 15 days to go.

If you have an idea for a social network startup, then this is the domain name for you.

GoDaddy for Sale: 1 Billion Dollars

The biggest company for domain registration and web hosting, GoDaddy, has put itself up for sale; and according to the Wall Street Journal the price would be around 1 billion dollars.

I guess if we have the money we can buy anything, including top web companies like GoDaddy, which holds currently 43 million domains. But that’s not all, GoDaddy provides web hosting, security features, and other electronic and web offerings. The estimative revenue for this company is U$S 750 and U$S800 million; making the 1 billion price like a lot reasonable.

GoDaddy, based in Arizona, started in 1997 with Bob Parsons who is currently the chief executive. Qatalyst Partners is the company in charge for handling this GoDaddy auction and expects that the magic number of 1 billion dollars can be actually a bit more; considering that other competitive firms like Register.com and Web.com are not anywhere near the kind of profit GoDaddy can achieve.

100dollardreams: 10 Minutes Auctions at $100

100dollardreams is a web site where we can find very interesting articles and products in auctions which only cost U$S100 (or less) and will last only 10 minutes.

Shopping around and finding interesting articles in auctions always makes buyers a little more obsessive about the products and the idea of winning them. 100dollardreams offer hundreds of auctions for registered users who are willing to act fast; here are some of the specs about this service:

  • When you want to get a desired article you buy a seat for the auction.
  • There are different pricing for seats, up to U$S100.
  • The user participating in an auction only pays one time: The seat cost. That’s right, you don’t pay anything else.
  • Auctions will last 10 minutes. But in the last 20 seconds, every new bid will reset the counter to 20 seconds again.
  • The last one, who makes a bid, wins the article.
  • Auctions occur during the weekend, starting Friday night.
  • PayPal accepted for buying seats.
  • More info about how it works.

If you did understand how it works you should know that this is just a strategy game with a fixed price. You can win some cool articles at a very low price with a good strategy.