Selling a company on Ebay is now a full-blown trend
I just came across this Ebay auction for yet another Web 2.0 company called www.goldenfeed.com. I think that three companies ((Kiko, Huckabuck and now this one) doing this constitute a real trend. I do hope that they get what they want out of the auction and the site itself seems like a decent idea. I don’t know if this is good or bad for the liquidity of Web 2.0 companies, but I do know that it proves that Ebay is without a doubt the largest and most efficient capital market the world has ever known. More anecdotal evidence that proves this is the fact that I had lunch with a very good friend of mine yesterday who told me he sold his World of Warcraft avatar for $800 within hours of posting it earlier this week. It wouldn’t surprise me at all to see an “Ebay for Web 2.0 Companies” cropping up soon.
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