Mint.com Sold For A Cool 170 Million

Kevin AKA Hubcap · 10-25-2009, 10:24 PM

Thought this article might interest you.

Mint.com, started three years ago from nothing, was recently sold for 170 million.

edit: forgot the--> link

Kevin

LMC · 10-25-2009, 10:30 PM

started from nothing.... except $32 million in venture capital.

Bought out by their competition.

Killer Joe · 10-25-2009, 10:31 PM

Man, it'll take a lot of Junior Mints to recoup that investment.

Somebody must have a sweet tooth...

Actually, that article is a pretty good read. A great study on what it takes to be successful. Kudos to him.

KJ

Kevin AKA Hubcap · 10-25-2009, 10:37 PM

Hi LMC,

I didn't realize they received that much funding. The article I read (and later linked to) only mention an amount in the neighborhood of 800,000 but after doing some basic research I see what you're talking about.

Kevin

Steven Carl Kelly · 10-25-2009, 11:07 PM

My friend sold a domain name for $3.2 million. Invested $70, made millions.

Dan C. Rinnert · 10-25-2009, 11:41 PM

Quote:

Originally Posted by Steven Carl Kelly

My friend sold a domain name for $3.2 million. Invested $70, made millions.

I wish I had registered more domain names way back when...

I just got an offer earlier this week for one of my domain names. $300. I think someone offered me $25 or so a couple years ago for the same domain. So, it was an improvement over that, but still...

markshields · 10-26-2009, 03:16 AM

Strangely enough I remember a while back there was a domain I wanted to buy a .com and it was what was called a special domain where they wanted $3600 I declined it and the next day a friend bought it ha ha

jesseray · 10-26-2009, 03:27 AM

I love Mint.com. They are great. They have an Iphone app too! Deff a great idea but a huge investment.

Charann Miller · 10-26-2009, 04:01 AM

Quote:

Originally Posted by Steven Carl Kelly

My friend sold a domain name for $3.2 million. Invested $70, made millions.

I bet he's smiling. Makes us want to hold onto those little sites, build them up even more and then flip them for much bigger profits later down the road.

3.2 million, a nice chunk of change there.

4success53 · 10-26-2009, 12:38 PM

There may still be some hidden gems out there!

LilBlackDress · 10-26-2009, 02:07 PM

Quote:

Originally Posted by markshields

Strangely enough I remember a while back there was a domain I wanted to buy a .com and it was what was called a special domain where they wanted $3600 I declined it and the next day a friend bought it ha ha

And how did he do with it?

CDarklock · 10-26-2009, 03:14 PM

Wow, he made a mint!

(Sorry.)

francof · 10-26-2009, 03:18 PM

nice

those stories are always inspiring

10-25-2009, 10:24 PM	#1
Kevin AKA Hubcap Angle of Attack Join Date: Nov 2008 Posts: 535 Thanks: 19 Thanked 46 Times in 36 Posts	Mint.com Sold For A Cool 170 Million Thought this article might interest you. Mint.com, started three years ago from nothing, was recently sold for 170 million. edit: forgot the--> link Kevin
	IYAAMYAS

10-25-2009, 10:30 PM	#2
LMC Startups and Flips War Room Member Join Date: Apr 2009 Location: Brooklyn, New York Posts: 707 Blog Entries: 16 Thanks: 101 Thanked 233 Times in 91 Posts Social Networking Contact Info	Re: Mint.com Sold For A Cool 170 Million started from nothing.... except $32 million in venture capital. Bought out by their competition.
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10-25-2009, 10:31 PM	#3
Killer Joe aka Bill Farnham War Room Member Join Date: Feb 2008 Location: Virginia, USA. Posts: 825 Blog Entries: 5 Thanks: 245 Thanked 297 Times in 204 Posts	Re: Mint.com Sold For A Cool 170 Million Man, it'll take a lot of Junior Mints to recoup that investment. Somebody must have a sweet tooth... Actually, that article is a pretty good read. A great study on what it takes to be successful. Kudos to him. KJ
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10-25-2009, 10:37 PM	#4
Kevin AKA Hubcap Angle of Attack Join Date: Nov 2008 Posts: 535 Thanks: 19 Thanked 46 Times in 36 Posts	Re: Mint.com Sold For A Cool 170 Million Hi LMC, I didn't realize they received that much funding. The article I read (and later linked to) only mention an amount in the neighborhood of 800,000 but after doing some basic research I see what you're talking about. Kevin
	IYAAMYAS

10-25-2009, 11:07 PM	#5
Steven Carl Kelly Trust Christ Alone War Room Member Join Date: Sep 2008 Location: Central Florida Posts: 2,114 Thanks: 22 Thanked 350 Times in 199 Posts	Re: Mint.com Sold For A Cool 170 Million My friend sold a domain name for $3.2 million. Invested $70, made millions.
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10-26-2009, 03:16 AM	#7
markshields HyperActive Warrior Join Date: May 2005 Location: , , United Kingdom. Posts: 311 Thanks: 0 Thanked 10 Times in 10 Posts Social Networking Contact Info	Re: Mint.com Sold For A Cool 170 Million Strangely enough I remember a while back there was a domain I wanted to buy a .com and it was what was called a special domain where they wanted $3600 I declined it and the next day a friend bought it ha ha
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10-26-2009, 03:27 AM	#8
jesseray Active Warrior War Room Member Join Date: Oct 2009 Location: Kansas City Posts: 33 Thanks: 46 Thanked 2 Times in 2 Posts Social Networking	Re: Mint.com Sold For A Cool 170 Million I love Mint.com. They are great. They have an Iphone app too! Deff a great idea but a huge investment.

10-26-2009, 12:38 PM	#10
4success53 Active Warrior War Room Member Join Date: Oct 2009 Posts: 45 Thanks: 0 Thanked 1 Time in 1 Post	Re: Mint.com Sold For A Cool 170 Million There may still be some hidden gems out there!

10-26-2009, 03:14 PM	#12
CDarklock AT gmail DOT com War Room Member Join Date: May 2009 Location: Kent, WA Posts: 1,279 Thanks: 427 Thanked 572 Times in 327 Posts Social Networking Contact Info	Re: Mint.com Sold For A Cool 170 Million Wow, he made a mint! (Sorry.)
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10-26-2009, 03:18 PM	#13
francof Warrior Duck War Room Member Join Date: Sep 2007 Location: Canada Posts: 211 Thanks: 8 Thanked 8 Times in 6 Posts Social Networking Contact Info	Re: Mint.com Sold For A Cool 170 Million nice those stories are always inspiring
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