Buy a Sydney start-up for $100

Buy a Sydney start-up for $100

Summary: All of the start-ups created during the second Startup Camp Sydney, which was held several weeks ago, have been placed for auction on SitePoint.com.

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As noted by TechNation Australia, all of the start-ups created during the second Startup Camp Sydney, which was held several weeks ago, have been placed for auction on SitePoint.

Unfortunately I didn't have the time to cover the start-ups when they were launched, but some of them looked pretty funky. EpicTweet particularly looked interesting, from a "hey, that's cool", perspective.

Most of the auctions are still at minimum bid $100 (reserve price, according to TechNation, is $250), but ActivityHorizon, a start-up which allows people to search for activities and events, with "evolving functionality based on their location, interests and friends" has beat reserve and is up to $500 at time of publication.

GiveDo.com, which purports to make it easy for charities to earn income through search advertising, was up to $450 this afternoon, and iTrafficApp, an iPhone application which helps users anticipate traffic delays and RTA cameras, is up to a huge $999!

Check out the auctions at SitePoint.com. I thought about bidding for EpicTweet, but when I tested the site out I ended up finding its output ... less than epic.

For sale:

I'd love to hear from anyone who buys one of these start-ups when the auctions finish; what will you do with your new toy?

Topics: iPhone, Apple, Start-Ups, Tech Industry, Social Enterprise

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2 comments
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  • hahahaha

    I'd rather have a meal out - it would be a better investment than any two bob IT money loser.
    anonymous
  • How time has changed

    So, a typical start up exit strategy has shifted from selling millions of dollars to Google or Yahoo, to be auctioned off on SitePoint for a few hundred bucks?
    anonymous