Everything for sale on this site seems to be a joke, but there are real firms that specialize in liquidating the assets of failed startups. There was an HN post about this a few weeks ago:
I'd be surprised if $1 of cash changes hands due to this website. It seems like he whipped it up in an hour using Cursor to promote his main business, which he linked at the top of the page
I remember at the start of COVID, scoring a Steelcase Leap v2 from a guy who was scooping up office chairs from failed Silicon Valley startups and hauling them up to Canada. Super chill dude, and totally upfront about basically making a 100% profit margin by gluing on new armrests to these wholesale fire-sale finds. It really highlighted the interesting economics of the time - a lot of businesses probably thrived just by redistributing stuff from regions in freefall. You have to wonder how much of the "supply chain" was actually just people moving stuff from places that were dying to places still kicking. Kind of a morbid redistributive supply chain, when you think about it.
I worked on warehouse software in the late aughts that did this in the housing shit in the us. Literally it was a bunch of companies buying pallets of shit from other companies. Basically, whomever was left holding the bag at the end, lost.