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Record Sale on Flippa - $250,000

by sbucciarel Banned
19 replies
From a Flippa email:

Retweet.com Sold for $250,000

Retweet.com, listed for sale on Flippa.com last month, has just sold for $250,000. The successful buyer knocked out other interested parties with a Buy It Now offer $48,000 higher than any other bid.

A competitor to Tweetmeme, Retweet finds the most retweeted stories on Twitter while also providing online publishers with the ability to easily add a Retweet button to their website.

Check out the auction here...
#$250 #flippa #record #sale
  • Profile picture of the author LilBlackDress
    I think I would rather have the $250,000

    Very interesting. Just shows what a little twit can do. Thanks!
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    Pen Name + 8 eBooks + social media sites 4 SALE - PM me (evergreen beauty niche)

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  • Profile picture of the author LMC
    I was just talking with someone about this auction.

    Hopefully the transaction goes ok.
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  • Profile picture of the author SocialBookmarkPro
    Congrats to the seller on this, especially in these difficult financial times.
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  • Profile picture of the author Biggy Fat
    Wow, they're gettin' PAID.
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    • Profile picture of the author Trent Brownrigg
      That would be a nice pay day! Especially when you consider that they weren't actually earning any money from the site. I'd say they made out pretty well.
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      You can find internet marketing strategies, SEO consulting, and tons of business advice at BAM!

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  • Profile picture of the author Dennis Gaskill
    "Shazam," said Gomer, "that's a whole lotta goobers off'n one tree."
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    Just when you think you've got it all figured out, someone changes the rules.

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  • Profile picture of the author jasonboom
    There was a ton of technology behind that site though. It's not like their investment was nil. But still its a great payday I'm sure.

    I was watching that auction...finger on the trigger. /lies
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  • Profile picture of the author yourreviewer
    Wow, thanks for sharing. Just goes to show the value of having an online real estate.
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    • Profile picture of the author mosilager
      Would be interesting to see if this sale goes through especially since the term "retweet" has a patent pending on it, could be major TM issues unless of course the buyer of this domain name is Twitter itself!.
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      • Profile picture of the author sbucciarel
        Banned
        Originally Posted by mosilager View Post

        Would be interesting to see if this sale goes through especially since the term "retweet" has a patent pending on it, could be major TM issues unless of course the buyer of this domain name is Twitter itself!.
        I was thinking this myself, but there's one thing that I've noticed ... Twitter has been grossly negligent in protecting it's trademarks. I haven't checked to see if they got Tweet, but many websites registered Tweet sites before they applied for Tweet and many websites have Twitter in the domain names and go unchallenged. In order to keep a trademark, you must defend a trademark.
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        • Profile picture of the author jasonboom
          Originally Posted by sbucciarel View Post

          I was thinking this myself, but there's one thing that I've noticed ... Twitter has been grossly negligent in protecting it's trademarks. I haven't checked to see if they got Tweet, but many websites registered Tweet sites before they applied for Tweet and many websites have Twitter in the domain names and go unchallenged. In order to keep a trademark, you must defend a trademark.
          Wasn't this discussed on the auction thread? I thought the owner said Twitter already lost for tweet, so he expected they would lose for retweet too, since its a term made up by their community, not by them. Something like that...
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          • Profile picture of the author sbucciarel
            Banned
            Originally Posted by jasonboom View Post

            Wasn't this discussed on the auction thread? I thought the owner said Twitter already lost for tweet, so he expected they would lose for retweet too, since its a term made up by their community, not by them. Something like that...
            That's good to know. Haven't had time to read the thread yet, but I own TweetBlogging.com and would like to keep it
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          • Profile picture of the author Killer Joe
            Originally Posted by jasonboom View Post

            Wasn't this discussed on the auction thread? I thought the owner said Twitter already lost for tweet, so he expected they would lose for retweet too, since its a term made up by their community, not by them. Something like that...
            You would think an investment of $250K would include a Trademark clarification along with a Legal Opinion Letter from an IP atty who knows their way around.

            Otherwise they are blindly leaving the door open for future litigation. Stranger things have happened, not the least of which is cybersquatters making a killing.

            KJ
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  • Profile picture of the author Lisa Gergets
    Ho. Ly. Cow.
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  • Profile picture of the author R Hagel
    Nice!

    This high-dollar auction is great for everyone:

    1. The seller of course gets to pocket the cash.

    2. The buyer is getting all this free publicity, so no doubt he or she is getting a few visitors checking out the site.

    3. And Flippa is also getting some nice publicity.

    Very cool. I hope the transaction goes through without a hitch.

    Becky
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  • Profile picture of the author Marhelper
    Must be nice. BTW I love the avatar. It reminds me of someone I used to know .. 'er never mind!
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  • Profile picture of the author jasonboom
    I went to the auction and grabbed the response by the owner...

    elitweb, there are no trademark issues with retweet.
    You can find the Twitter and Mesiab Labs ( our company ) Retweet trademarks by going to the TESS database here: TESS -- Error and searching Retweet
    Twitter and Mesiab Labs can both be granted their trademarks for Retweet as they are claiming different uses. Retweet.com trademark filing here: TESS -- Error
    Although It is most likely that the trademark office will deny both trademarks as they have already denied twitters attempt to trademark 'tweet' .
    If the trademark filing is granted, it will be transferred to the new buyer.
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  • Profile picture of the author NoGuru
    Hopefully the buyer got some form of specific indemnity or other protection on the Trademark issue. For that kind of money, I wouldn't want to only rely on standard terms.
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  • Profile picture of the author Raygun
    Wow, I have to start flipping some of my sites. I forget about the potential of doing this. Thanks for the post.
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    $25,000 Prizes===>>>
    http://clicknbank.com/jv-invite.php
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