Flippa

Flippa is a private marketplace for buying and selling online businesses, based in Melbourne, Australia, and Austin, Texas, United States.[1] It was founded in June 2009 by Mark Harbottle and Matt Mickiewicz.

History

Flippa was founded by Mark Harbottle and Matt Mickiewicz as the SitePoint Marketplace,[2] and was spun off as a separate website in June 2009.[3] By 2015, it had traded more than $140 million in websites, domains, and mobile apps.[4]

The majority of Flippa's revenue comes from selling online businesses including content sites, SaaS businesses, ecommerce businesses, apps, digital services, marketplaces and more.[1] The most expensive sale to date was a portfolio of Singapore-based apps, which sold for US$35,000,000.[5][6] The most expensive domain name sold was planetrx.com, selling for US$1,200,000.[7][8] Other notable websites and domains sold through Flippa have included Mark Zuckerberg's former website Facemash,[9][10] overnight success story shipyourenemiesglitter.com,[11][12] Retweet.com,[13][14] and AllAboutCookies.org.[15]

During the 2012 US presidential election, the domain name RomneyRyan.com was listed on Flippa.[16] It reached US$8,050 in bids, but did not sell.[17][18] It dropped in price the next year and was eventually sold through GoDaddy for US$235.00.[19]

In May 2015, Flippa bought Domain Holdings, a domain name brokerage firm based in Florida.[20]

On August 27, 2015, Potato Parcel was sold on Flippa for US$42,000.[21][22] A few months earlier, the viral website shipyourenemiesglitter.com from creator Matthew Carpentor sold for US$85,000.[23][22]

On September 20, 2021, Flippa announced a US$11,000,000 Series A capital raise led by Sydney-based venture capital firm OneVentures.[24]

On March 16, 2022, after acquiring Richard Patey's Alts Cafe, Flippa announced the launch of ALTS by Flippa, an alternative asset investing newsletter and Discord community.[25] Written by Richard Patey, the newsletter shines light on "alternative investing opportunities, from online business to crypto & NFTs".[26] As of November 2022, its Discord community boasts over 2000 members.[27]

On December 19, 2023, Flippa acquired BitsForDigits.com, a Berlin-based competitor founded by Laurits Just and Jan-Philipp Peters.[28] With the acquisition, Flippa announced that it would enable them to continue expanding their scope upwards for M&A deals in the 8-figure range, particularly in the SaaS category and European region.[29] BitsForDigits' co-founder and CEO, Laurits Just, joined the company as an Entrepreneur-In-Residence to develop new business, including Flippa Invest.[30]

External links

• Official website