[immad]

Kiko, previous startup of justin.tv founders, was sold on ebay.

But I would not advise that for your startup, since I don't think you would be able to get enough attention to it from the right people.

I think the best idea is to figure out who the best people to buy your startup are. Either because they can leverage the product best or because they are your competitors or because they have enough money and interest in your space. Then start conversations with them.

Some people use investment banks or hired investment bankers but you need to be looking at a higher valuation to interest those.

[justin]

The reason we sold Kiko on Ebay is because big companies we were talking to would have been willing to consider buying the company for a bit more, but only if Emmett and I went to work for them for some n years. Because (Total Amount of Money) / n wasn't very much, we said "fuck it" and just went for broke, so that we could work on our much more awesome idea, which turned out to be Justin.tv.