The website offers users the opportunity to connect globally through photo sharing, allowing users to explore and discover new experiences. It features a user-friendly interface with various filters and frames that enhance photo sharing capabilities. Users can sign up using popular social media accounts and share their creations on platforms like Facebook and Twitter. There are also community-building features like likes and comments. The platform boasts a significant user base with over 3.5 million photos uploaded and more than 2.4 million registered members.
The website and its complementary iPhone app include access to the source code, graphics, and servers, alongside social media and analytics accounts. Its infrastructure utilizes four servers and an Amazon CDN for hosting, costing around $1,500. Developed in Ruby on Rails, ObjectiveC, and Java, the website caters to both iOS and Android users. Efforts to generate revenue through ads were unsuccessful due to content restrictions.
Originally purchased for $80,000, an additional $130,000 was invested in troubleshooting and app development. This investment demonstrates a commitment to improving the platform’s functionality and user experience. The initial listing price for the platform is deliberately set low in anticipation of community-driven pricing dynamics on the selling platform. Interested parties are encouraged to reach out with any queries, with assurances of prompt responses.
Flippa’s platform is free for buyers. Here are our tips for first-time buyers:
Before making an offer
1. Look for verified sellers. Sellers should verify their email, phone, and government ID. When a seller has completed all verifications, we identify them with a checkmark like this:
2. Review financials. Financials are seller-provided inputs. Always ask for verified financials. Ask for a tax return or request access to their dashboard. if it’s an ecommerce store get a transaction report.
3. Review traffic. Sellers can grant you access to Google Analytics. Ask for read-only access to verify site traffic.
4. Schedule a call. Communication is key. The best way to find out more is to speak directly with the seller. For your protection, keep all communication within Flippa.
5. Make the offer on Flippa. We’re here to help. Flippa does not charge buyers and by making an offer on Flippa you’ll get access to our post-sales support team.
1. Agreements & Contracts.
Connect with a US-based lawyer or purchase asset-specific template legal documents via Flippa Legal.
2. Conduct Due Diligence.
You can conduct this yourself or use our trusted network of industry-leading due diligence partners. They can provide in-depth analysis, identify hidden risks, and independently assess the value of the business. Learn More