Flippa is a private marketplace for buying and selling online businesses, based in Melbourne, Australia, and Austin, Texas, United States.[1] It was founded in June 2009 by Mark Harbottle and Matt Mickiewicz.
Type of site | Private |
---|---|
Founded | 2009 |
Headquarters | Melbourne, Australia, and Austin, Texas, U.S. |
No. of locations | Austin, Portland, Barcelona, São Paulo, Copenhagen, Moscow, Hamburg, Berlin, Milan, Toronto |
Founder(s) |
|
Key people |
|
Industry | Internet |
Services | Marketplace for buying and selling online businesses |
URL | Flippa.com |
Native client(s) on | iOS, Android, Windows |
Flippa offers sellers and buyers different information such as the ability to browse listings, use filters to narrow down searches by criteria such as website age, keyword, language, etc.[2][3][4] An escrow process that performs buyer advocacy and analytics to give users insight into the website they are considering.
Flippa Website Acquisition Marketplace. com in 2022 added 170,000 new customers and $36 billion in liquidity.[5][6][7]
Hosting a website on Flippa requires creating an account, confirming ID and creating a listing (revenue details, analytics, etc.).[8][9] Shoppers can browse and filter ads based on different search terms to find a website in their niche.
History edit
Flippa was founded by Mark Harbottle and Matt Mickiewicz as the SitePoint Marketplace,[10] and was spun off as a separate website in June 2009.[11] By 2015, it had traded more than $140 million in websites, domains, and mobile apps.[12]
The majority of Flippa's revenue comes from selling online businesses including content sites, SaaS businesses, ecommerce businesses, apps, digital services, marketplaces and more.[1] The most expensive sale to date was a portfolio of Singapore-based apps, which sold for US$35,000,000.[13][14] The most expensive domain name sold was planetrx.com, selling for US$1,200,000.[15][16] Other notable websites and domains sold through Flippa have included Mark Zuckerberg's former website Facemash,[17][18] overnight success story shipyourenemiesglitter.com,[19][20] Retweet.com,[21][22] and AllAboutCookies.org.[23]
During the 2012 US presidential election, the domain name RomneyRyan.com was listed on Flippa.[24] It reached US$8,050 in bids, but did not sell.[25][26] It dropped in price the next year and was eventually sold through GoDaddy for US$235.00.[27]
In May 2015, Flippa bought Domain Holdings, a domain name brokerage firm based in Florida.[28]
On August 27, 2015, Potato Parcel was sold on Flippa for US$42,000.[29][30] A few months earlier, the viral website shipyourenemiesglitter.com from creator Matthew Carpentor sold for US$85,000.[31][30]
On September 20, 2021, Flippa announced a US$11,000,000 Series A capital raise led by Sydney-based venture capital firm OneVentures.[32]
On March 16, 2022, after acquiring Richard Patey's Alts Cafe, Flippa announced the launch of ALTS by Flippa, an alternative asset investing newsletter and Discord community.[33] Written by Richard Patey, the newsletter shines light on "alternative investing opportunities, from online business to crypto & NFTs".[34] As of November 2022, its Discord community boasts over 2000 members.[35]
Pricing edit
Selling on Flippa, there are several associated costs. Specifically, listing and success fees.[36][37]
Listing fees are set at fixed prices and are:
- Starter and template sites cost $15 dollars.
- Domains can be listed for as little as $10.
- iOS and Android apps can be listed for $15.
- Registered websites or online revenue generating businesses can be listed for $49 dollars.
While the success fee is calculated as a percentage of the sales price when the business is sold:
- For orders up to $50,000, a 10% fee will be charged.
- Up to $100,000, that drops to 7. 5%.
- Over $100,000 - success fee is only 5%.
- When making a sale with one of Flippa's partner brokers, the success fee will be 15% of the total sale price.
For site sales over $2 million, Flippa can provide its VIP program.[38][39]
External links edit
References edit
- ^ a b "About Flippa". Flippa. Retrieved February 6, 2014.
- ^ "Flippa Review – Is It The Best Website to Buy & Sell Online Businesses?". webtoolsadvisor.com. Retrieved March 20, 2024.
- ^ "What is Flippa?". www.practicalwisdoom.com. Retrieved March 20, 2024.
- ^ "Flippa Review 2023: Everything You Need to Know Before Buying or Selling Websites". revivereview.com. Retrieved March 20, 2024.
- ^ "2022 Insights Report. Online Business Acquisition". flippa.com. Retrieved March 20, 2024.
- ^ "Comparing Domain Authority Metrics". xamsor.com. Retrieved March 20, 2024.
- ^ "Flippa: The #1 MarketPlace for Buyers and Sellers to Invest in Digital Assets". exeleonmagazine.com. Retrieved March 20, 2024.
- ^ "Flippa Review Guide 2022". www.motioninvest.com. Retrieved March 20, 2024.
- ^ "How To List Your Business on Flippa: The Complete Seller's Onboarding Guide". flippa.com. Retrieved March 20, 2024.
- ^ "About Us". SitePoint. Retrieved November 25, 2022.
- ^ Magain, Matthew (June 10, 2009). "Introducing Flippa: The New Place to Buy and Sell Web Sites". SitePoint Blog. Retrieved November 25, 2022.
- ^ Bender, Adam (May 6, 2013). "Australian startup snapshot: Flippa". TechWorld. Retrieved February 6, 2014.
- ^ Domingos, Manuela (April 22, 2022). "The Off-Market App Portfolio That Sold on Flippa for $35MM". Flippa Blog. Retrieved March 18, 2023.
- ^ "CONFIDENTIAL - SaaS listed on Flippa". Flippa. Retrieved March 18, 2023.
- ^ "planetrx.com - Website for sale". Flippa. Retrieved March 15, 2015.
- ^ "Flippa sales". DNPric.es. Retrieved March 15, 2015.
- ^ "FaceMash.com - Domain Name for sale". Flippa. Retrieved March 15, 2015.
- ^ Indvik, Lauren (November 19, 2012). "Mark Zuckerberg's College Website Sells for $30,000". Mashable. Retrieved February 6, 2014.
- ^ "ShipYourEnemiesGlitter.com has sold! - Apparently all that glitters IS gold. Get help finding other golden opportunities like this one on Flippa". Flippa. Retrieved March 15, 2015.
- ^ Kenn, Nick (January 17, 2015). "Shipyourenemiesglitter.com sells on Flippa". TheGuardian.com. Retrieved January 17, 2015.
- ^ "retweet.com - Website for sale". Flippa. Retrieved March 15, 2015.
- ^ Siegler, M.G. (February 17, 2010). "Retweet.com For Sale. Buy It And Risk A Lawsuit From Twitter". Mashable. Retrieved February 6, 2014.
- ^ Goudswaard, Courtney (November 11, 2022). "From Cab Driver To Multi-Millionaire: How a NZ Retiree Sold His Site With 92% Profit Margin on Flippa". Flippa Blog. Retrieved March 18, 2023.
- ^ "romneyryan.com - Domain Name for sale". Flippa. Retrieved March 15, 2015.
- ^ "RomneyRyan.com Site Goes up for Auction". Fox Business. August 17, 2013. Retrieved February 6, 2014.
- ^ "RomneyRyan.com Fails To Sell On Flippa.com". The Domains. August 31, 2013. Retrieved February 6, 2014.
- ^ "romneyryan.com historic sales". DNPric.es. Retrieved March 15, 2015.
- ^ "Hold onto Your Hats! Flippa Acquires Domain Holdings - Predicts $70 Million in Sales This Year". www.dnjournal.com.
- ^ Volkman, Elliot (November 27, 2015). "Forget Holiday Cards, Send a Potato". Tech Cocktail. Tech.Co. Retrieved August 11, 2016.
- ^ a b Whitten, Sarah (August 28, 2015). "Viral potato website goes on sale". CNBC. CNBC LLC. Retrieved August 11, 2016.
- ^ Whitten, Sarah (August 19, 2015). "This guy makes $10,000 a month shipping potatoes". CNBC. CNBC LLC. Retrieved August 11, 2016.
- ^ Tunnah, Christina (September 20, 2021). "Press Release: Flippa Raises US$11M Series A Capital". Flippa Blog. Retrieved November 25, 2022.
- ^ "Flippa Launches "Alts" - A New Community for Alternative Asset Investors". PR Newswire. March 16, 2022. Retrieved November 25, 2022.
- ^ "Alts by Flippa". Flippa. Retrieved November 25, 2022.
- ^ Patey, Richard (November 23, 2022). "Alternative Asset Roundup (23rd Nov)". ALTS by Flippa. Retrieved November 25, 2022.
- ^ "How Much Does Flippa Charge Sellers?". wpradar.com. Retrieved March 20, 2024.
- ^ "How to sell your online business or blog on Flippa". targettrend.com. Retrieved March 20, 2024.
- ^ "How Does Flippa Work? Buying & Selling on Flippa". www.myvu.com. Retrieved March 20, 2024.
- ^ "Biggest Marketplace to Buy and Sell Online Businesses with a Few Clicks – Flippa". geekflare.com. Retrieved March 20, 2024.