These Domains are For Sale:

Bido.com Closed For Business

August 20, 2008 By: Chef Patrick Category: Industry News

This just posted on Conceptualist.com which is the blog of Shara Sarid, owner of Bido.com.

“We gave it another shot today but still had major tech issues. We believe the right thing to do now is to spend time figuring out the issues and come back when we are ready. It may be few days, weeks, months, none of us really knows.”

I think this is a great approach from the Bido team. They have created an amazing auction site but now need to catch up to it’s traffic. This is just a small step back, but as the saying goes “one step back, two steps forward”. I am sure Bido will be back in no time, stronger than before.

After writing this post I went to Bido.com again, it seems that even though the site was down they are reporting the sale of FixedLoans.com for $5,281. If this is true that means the seller lost money. As reported in a previous blog post the domain was purchased at the T.R.A.F.F.I.C auction for $10,000.

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1 Comment »

Comment by Jamie Parks
2008-08-20 14:34:34

I think this is totally unbelievable and an open opportunity for a company to come in to the web-based, social, domain auction space and pick up where Bido left off. I for one am certainly looking forward to more clarity about Bido’s situation coming from Sahar.

Wonder what Bido will look like on Nov. 5th??

 
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