All Startup Camp 2 Startups Up For Auction

As I mentioned in the original wrap-up story I posted on Startup Camp Sydney 2 - all of the weekend’s startups have now been put up for auction on SitePoint’s marketplace

You can find the individual auctions at these addresses:

-

ThreeFeeds (Search aggregation and sharing site)
http://marketplace.sitepoint.com/auctions/57654

-


GiveDo (support charities via search):
http://marketplace.sitepoint.com/auctions/57655

-


EpicTweet (epic tweet aggregator):
http://marketplace.sitepoint.com/auctions/57658

-


MyPetNeedsLove (pet dating site):
http://marketplace.sitepoint.com/auctions/57656

-


iTrafficApp (Road traffic iPhone app):
http://marketplace.sitepoint.com/auctions/57651

-


ActivityHorizon (location-based activities):
http://marketplace.sitepoint.com/auctions/57649

-

The details are as follows:

  • Auctions run for 14 days.
  • Minimum Bid is $100, reserve price is $250.
  • There will be no Buy It Now price.
  • Transactions are not handled by sitepoint, but direct between buyer and seller, so sitepoint doesn’t charge a fee.

I spoke to Bart about the decision to auction and this is what he had to say:

The experience from previous camps is that after the camp different team members have different ideas on what their startup is worth and some will want to put more time/effort into it than others. In most cases this has led to inactivity and deadlock. This time we will auction the startups to the highest bidder. This way there can’t be any doubt about the market value of the startup. And since all team members have contributed fairly equal (about 1 weekend), everyone will get their fair share.

Which do you think will sell for the highest price and what will that price be?

Share/Save/Bookmark