The platform described is akin to a "Twitter for videos," allowing users to discover, share, and discuss videos with friends and followers. Launched in April 2009 at a notable tech conference, the site gained attention from major publications and quickly grew its user base, reaching over 250,000 unique monthly visitors. The platform offers a vast collection of videos from various online media sources, allowing users to add external videos for sharing and discussion. The service includes features like RSS video importers, categorizing videos into numerous channels, and a custom social messaging platform. This enables users to subscribe to channels, follow members, and share content, thus replicating a familiar social media experience. Integration with Twitter and Facebook allows seamless content sharing across platforms. The site is built using Ruby on Rails and MySQL, hosted on dedicated servers. Despite having a PageRank of 5 and significant traffic metrics, the site's revenue potential remains unexplored due to a focus on enhancing user experience rather than monetization. Traffic data from mid-2009 to early 2010 indicates substantial engagement, driven partly by user interactions on Twitter. The platform, although not hosting video content itself, legally navigates content takedowns and leverages unique URLs for video discussions and comments, enhancing user interaction and content discoverability. The creators are considering selling the platform to pursue new ventures in mobile applications.
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