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by amoore 5180 days ago
Great article. I love to see what sites do well on flippa, but some of them boggle my mind. Perhaps it's because not all buyers or sellers are rational, but I have to also think that there are schemes and scams that I'm not aware of at work there. I'd love to hear explanations for some of the sales I see there.

Flippa is a marvelous wasteland of make-money-fast sites being marketed as make-money-fast schemes themselves. Although there are diamonds in that rough, surely there is another place where people go to buy or sell more established, traditional web-based businesses. Where is that place?

2 comments

From my brief browsing in the past its pretty obvious to me there's a lot of 'rough' and hardly any diamonds. Avoiding the scams is a skill in itself.

I don't think there is much possibility of making a success of a similar site for bigger cap web businesses, Thy are far less liquid assets and private sales would probably always be preferable to all parties involved once you're past a certain value threshold.

I really am not a fan of flippa, they have a great concePt and executed well yet they took the easy and (short term) more profitable route of allowing any old crap in. It's much like a lot of new online advertising platforms, there's a serious trust issue with all of the one ive seen where filtering out the scams, junk and misrepresentations is so time consuming and riskier it becomes not worth the time. I want to see flippa for quality small liquid sites (do they even exist and if thy do why would they be sold anyway?) and advertising platforms I can trust. Then I can start using these services.

Tom, as a long term watcher of website marketplaces, and the owner of the experienced-people forum, I completely agree with your assessment. Flippa did go down the route of quantity (more profit in listing fees) rather than quality. We did advise them when they started up that this would affect trust.
Maybe you should built it, try to develop a userbase then sell it on Flippa? ;-)