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

August 27, 2006 By

How many employees did Kiko have again? Three, right? Well, they just sold their “failure” for $258,100. Not too shabby!

Filed Under: 1
  • booger

    How much did the referring Web 2.0 affiliate get?

    Booger

  • booger

    How much did the referring Web 2.0 affiliate get?

    Booger

  • http://innerdaemon.wordpress.com/ innerdaemon

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

  • http://scobleizer.wordpress.com/ Robert Scoble

    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%.

  • http://scobleizer.wordpress.com/ Robert Scoble

    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%.

  • http://innerdaemon.wordpress.com innerdaemon

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

  • http://scobleizer.wordpress.com/ Robert Scoble

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

  • http://scobleizer.wordpress.com/ Robert Scoble

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

  • Pingback: Dead2.0 » Kiko sells for $258,093 more than actual value

  • http://abmw.wordpress.com/ Alan Wilensky

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

    http://bizcast.typepad.com/clients/2006/08/inside_scoop_on.html

  • http://abmw.wordpress.com/ Alan Wilensky

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

    http://bizcast.typepad.com/clients/2006/08/inside_scoop_on.html

  • http://www.b5media.com/ Jeremy Wright

    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.

  • http://www.b5media.com Jeremy Wright

    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.

  • Pingback: Kiko: who’s having the last laugh now?

  • http://www.z1.com.ua/blog woofer

    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.

  • http://www.z1.com.ua/blog woofer

    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.

  • http://mikeabundo.com/ Mike Abundo

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

  • http://mikeabundo.com Mike Abundo

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

  • http://www.31fps.com/ Sam Purtill

    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.

  • http://www.31fps.com/ Sam Purtill

    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.

  • Pingback: Naik’s News » Web 2 bubble ain’t popped yet: Kiko sells for $258,100

  • http://www.tucowblog.com/ Ken Schafer

    Hey Robert,

    You may be interested in reading why we bought Kiko:

    http://www.tucowsblog.com/blog/_archives/2006/9/5/2297315.html

  • http://www.tucowblog.com/ Ken Schafer

    Hey Robert,

    You may be interested in reading why we bought Kiko:

    http://www.tucowsblog.com/blog/_archives/2006/9/5/2297315.html

  • http://www.shadoz.com/ Tim Shadoz

    Decent sum for kiko – should at least cover their investment

  • http://www.shadoz.com Tim Shadoz

    Decent sum for kiko – should at least cover their investment