|Stories of the successful|
yea know, the guys that sell their little hobby sites for big $$
I thought I'd start a thread and see if we can share some stories about the rich and...infamous. What I am looking for is the "Everyday Joe" who builds a hobby site and then ends up selling his biz a few years later for $#*$!,xxx.xx
How about Drudge Report? Gamespot?
For example, a friend of mine recently started a WarGaming site for a very popular computer game released last Christmas and he just sold the site for about 200K.
|When Hotmail co-founders Sabeer Bhatia and Jack Smith approached the venture capital firm Draper Fisher Jurvetson with their idea for a free email service in 1995, the firm praised the idea but wondered how they would attract members and build a company around it... |
History of hotmail here:-
What about Google?
To be honest, there's thousands of them. That's the beauty of the web - for every succesful website that's been created by an enterprise with a mega-budget, you'll find a succesful website that was created by Joe Average in his living room.
[edited by: trillianjedi at 11:25 am (utc) on Dec. 15, 2004]
Soccernet's another good example...
Friends reunited. Lastminute. And the list goes on... and on...
God bless the net!
well I heard that a certain ex-admin from WebmasterWorld has just been formally offered a 7 figure sum for a portion of his Local network...
A small list ordered by my appreciation :-
Ebay ,Google, Yahoo, craiglist ,Friends reunited (UK),
Amazon or Hotmail is not in the list because i dont think they are started as a hobby /pet project .
Awesome, here we go...that's what I am talking about.
What about gamespot? ANyone know if that was a hobby site? I know CNET bought them out, whoever it was.
I am seeing more and more game sites being bought my corps. Hint hint.
I think one of them could be Copernic as well, founded by the Bouchard brothers -- now acquired by Mamma.com.
I guess there are heaps of others, but those which started of as hobbies, didn't do billions (like Yahoo! or Google; might in the future), but are now a full-time job/project may include Gigablast and FyberSearch?
I think broadcast.com might have been a hobby site... not 100% sure though.
*Looked it up after the fact:
Cuban wanted to hear Indiana U. basketball games in Dallas (where he lives), so he set it up to work over the internet. $6 billion later...
Ran their site with gossamer links software, the free version, bought by QXL for $60 million a few years back.
QXL then went on to have a valuation of over £2 billion in 2000.
Sold last month to its own management for £12 million.
Good story agerhart! ...
A guy I knew in high school, until he dropped out and became homeless, used to float around and couch surf.
His main possession was a bunch of floppies.
Built a program to "vulnerability test" servers, got caught, busted, and as a result sold the software to a major tech security company (that will remain nameless) for 12 million.
He literaly went from homeless street punk to millionaire overnight.
Then went on to found a computer security news/website.
Sold it five years later for 30 million.
Bright kid. Social graces of a fetid slug, but bright kid.