Web 2 bubble ain’t popped yet: Kiko sells for $258,100

How much did the referring Web 2.0 affiliate get?

Booger

Well, sounds like eBay made more than $3,000. So, an affiliate (if the purchase came to eBay that way) would have gotten 40% of that fee. At least. Some sites/networks (if they did enough business) would have gotten more than 60%.

Surely you jest with that title? If it weren't for the bubble they would have sold in excess of $50M.

inner: of course I'm having a little fun with that title! :-)

I knew thye would sell it for a fiar price. And they knew too:

http://bizcast.typepad.com/clients/2006/08/insi...

I'm not sure I'd be happy as a founder. I mean, after the debt they took on, and YCombinator's fee, the founder group probably only pulled in 70-100K or so... Which means less than 40K each.

Not bad if they've only been at it for 2-3 months, but anything longer than that... Well, they could have earned more working at Microsoft.

I don't think that Web 2.0 is a bubble. Kiko was like hurted child. Everybody says that it very sad that such a great product was selling for only 50K bucks. Now all blogosphere talk only 'bout Kiko sell. The buyer will be famous before he did anything good :) PR.

Emmet Shear asked me to check out Kiko earlier this year. Wonder how they'll fare after the purchase.

YCombinator wasn't a huge owner of Kiko, nor were they asking for their money back. YCombinator is a seed company, and they understand that sometimes start ups don't work out. But the ones that do become popular (reddit.com) make them a fortune.

Hey Robert,

You may be interested in reading why we bought Kiko:

http://www.tucowsblog.com/blog/_archives/2006/9...

Decent sum for kiko - should at least cover their investment