I think this is an awesome idea. I go to Flippa pretty regularly but don’t want to spend 50k on something. Knowing everything is less than 1k is refreshing.
It's hard to imagine what the value proposition is for the savvy buyer, aside from browsing ideas that they might want to implement for themselves from scratch.
Great site for sellers if they can actually unload here, though.
If by "almost always" you mean never, then you're right.
Let me put it way: if you wanted to create a terrific blockbuster novel, would you start by scanning in some obscure, cheap title from the discount bin and then editing it, until you had your masterpiece?
These projects are abandoned for a reason. They need to be refactored/modified to go anywhere. If you think it makes more sense to refactor a simple/failed project than rewrite it from scratch, then you're not in the "savvy buyer" category I was talking about.
They failed because they're mediocre to abysmal ideas that are implemented probably just well enough to scratch the itch of a hobbyist, before outing themselves as flops in the real world. And any that are actually good ideas with a poor interface need to be rewritten anyways, either to improve the UI or scale with growth/success. So beyond "the idea" of the app (which might have value in some cases), the majority are actually worth less than nothing, they're the proven failures. It's like shopping for a formula one racecar in a junk yard, and thinking "wow, some of these even have wheels!"
You can disagree, no point in flogging a dead horse (or app). :)
Just looked at the transferlot.com site. The first three entries were the following...
Repick.com MRR:$100 Price:$20,000
byteptr.com MRR:$50 Price:$20,000
getvora.com MRR:$550 Price:$40,000
Is this a bad joke? Asking for 6 to 16 times yearly revenue? They want people to buy a site that then takes many years to get your money back, whilst crossing your fingers the site stays relevant for all those years?
13 comments
[ 3.3 ms ] story [ 22.8 ms ] threadGreat site for sellers if they can actually unload here, though.
Let me put it way: if you wanted to create a terrific blockbuster novel, would you start by scanning in some obscure, cheap title from the discount bin and then editing it, until you had your masterpiece?
These projects are abandoned for a reason. They need to be refactored/modified to go anywhere. If you think it makes more sense to refactor a simple/failed project than rewrite it from scratch, then you're not in the "savvy buyer" category I was talking about.
To use your novel analogy, the only problem with the discount bin title was that it was priced at $20 and called ‘Stuff’.
You can disagree, no point in flogging a dead horse (or app). :)
They even used the same design and layout. Cheap copy cat.
Repick.com MRR:$100 Price:$20,000
byteptr.com MRR:$50 Price:$20,000
getvora.com MRR:$550 Price:$40,000
Is this a bad joke? Asking for 6 to 16 times yearly revenue? They want people to buy a site that then takes many years to get your money back, whilst crossing your fingers the site stays relevant for all those years?
> All messages are manually approved before the seller is notified
So you're screening our messages with the seller? I'm not sure I'm comfortable using this service.