This has been an interesting week. I’ve talked to three entreprenuers who have mentioned the idea of selling web 2.o software projects on eBay. Then on TechCrunch I see this mention of other folks selling similar start-ups the same way. I started thinking about this a bit tonight. Certainly, no serious investor or VC is going to view the sales of software platforms on eBay a great business. But, for the bright young folks just out of high school who happen to be very good at building web apps I can tell you that there are many “non tech” folks out there on the look out for this kind of stuff. Got a photo gallery app? Throw it on eBay. Develop an affiliate system for selling art and posters? Throw the system on eBay. For most young twenty-somethings this could be the easiest and fastest path to making $50,000 - $200,000.
At the time of this writing, the price for digforit.com is $11,000. I am sure the final sale will be for much more than this.
I predict a great number of web2.0 software concepts being sold for ‘pennies on the dollar’ as would-be entreprenuers head back to the stability of their corp jobs. But, somehow I actually think there is an interesting concept here that isn’t altogether crazy. Building software can be MUCH easier than building real businesses. Selling such software is also probably much easier than selling businesses with higher price tags. Depending on your personal situation, this could be a fascinating investigation.
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