3 ms·

if I understand correctly, it's $0 to list with 0% commission (and $99/annum membership for anyone that wants to see what startups are available to buy) If the

if I understand correctly, it's $0 to list with 0% commission (and $99/annum membership for anyone that wants to see what startups are available to buy) If there aren't enough people on the platform it might be a waste of time for startups, and if there aren't enough valuable microstartups it might be a waste of a small fee for prospective buyers, but expensive it isn't...

giantg2 3y ago
What would a valuable micro startup look like? If it is valuable, $25k seems low. But then again maybe at that point it's no longer micro. But who would be looking to buy before there is substantial success?
- toasted-subs 3y ago
  I’ve seen startups which got millions in funding to do basic appointment scheduling. If I had actual funds seeing something like that for $20k might not be a bad idea and totally possible for decent coder to generate in a month.
  - giantg2 3y ago
    So you'd be buying an unimplemented, unpatentable idea for $20k that a dev could build in a month (for presumably much less than $20k)?
    - toasted-subs 3y ago
      Patents don't seem to carry as much weight in this industry. There's a million and one ways of doing things, the way patents work is a specific implementation. Gaining a patent amounts to throwing stones at each other. 20k is a lot less than hiring a HR department and finding a developer. Haven't looked at the site, but was assuming some of the ideas have an MVP of some sorts.
sakjur 3y ago
I think they mean that it’s expensive to [see the] list, not [add yourself to the] list. Without any sort of preview or proof of value, it seems like quite a steep entrance fee to spend on potentially seeing some interesting IP to acquire.
- notahacker 3y ago
  That's a problem with lack of evidence it offers what it claims, not pricing. If there's no worthwhile and sensibly priced IP, then it's overpriced at the price of a coffee. If there is, the current price is a rounding error for anyone seriously considering spending a few thousand bucks on a website and probably considerably more time and money on marketing it

giantg2 3y ago

What would a valuable micro startup look like? If it is valuable, $25k seems low. But then again maybe at that point it's no longer micro. But who would be looking to buy before there is substantial success?

toasted-subs 3y ago
I’ve seen startups which got millions in funding to do basic appointment scheduling. If I had actual funds seeing something like that for $20k might not be a bad idea and totally possible for decent coder to generate in a month.
- giantg2 3y ago
  So you'd be buying an unimplemented, unpatentable idea for $20k that a dev could build in a month (for presumably much less than $20k)?
  - toasted-subs 3y ago
    Patents don't seem to carry as much weight in this industry. There's a million and one ways of doing things, the way patents work is a specific implementation. Gaining a patent amounts to throwing stones at each other. 20k is a lot less than hiring a HR department and finding a developer. Haven't looked at the site, but was assuming some of the ideas have an MVP of some sorts.

sakjur 3y ago

I think they mean that it’s expensive to [see the] list, not [add yourself to the] list. Without any sort of preview or proof of value, it seems like quite a steep entrance fee to spend on potentially seeing some interesting IP to acquire.

notahacker 3y ago
That's a problem with lack of evidence it offers what it claims, not pricing. If there's no worthwhile and sensibly priced IP, then it's overpriced at the price of a coffee. If there is, the current price is a rounding error for anyone seriously considering spending a few thousand bucks on a website and probably considerably more time and money on marketing it