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Tuesday, December 05, 2006

 
mojungle founders moving on
The mojungle founders are selling mojungle on eBay.

The starting price is $60k, and according to picturephoning hoping to reach $250k for the complete company (except the founders I guess...).

It's an interesting approach, as there are several sites for selling and buying web sites, but prices for non-profitable web sites are extremely low, so selling via eBay might be a very smart move. mojungle is of course not just a web site, but a system also including an e-mail gateway, format converters etc.

I've had a good contact with Ari Mir at mojungle, and have only good things to say about him and the company, but it still makes me wonder if this is the future for many other Web 2.0 services that have no clear revenue streams, not even advertizing?

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