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Flippa
Flippa is a private marketplace for buying and selling online businesses, based in Melbourne, Australia, and Austin, Texas, United States. It was founded in June 2009 by Mark Harbottle and Matt Mickiewicz. History Flippa was founded by Mark Harbottle and Matt Mickiewicz as the SitePoint Marketplace, and was spun off as a separate website in June 2009. By 2015, it had traded more than $140 million in websites, domains, and mobile apps. The majority of Flippa's revenue comes from selling online businesses including content sites, SaaS businesses, ecommerce businesses, apps, digital services, marketplaces and more. The most expensive sale to date was planetrx.com, which sold for US$1,200,000. The most expensive domain name sold was stockphoto.com, selling for a buy now price of US$250,000. Other notable websites and domains sold through Flippa have included Mark Zuckerberg's former website Facemash, overnight success story shipyourenemiesglitter.com, and Retweet.com. During ...
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SitePoint
SitePoint is a Melbourne-based website, and publisher of books, courses and articles for web developers. History SitePoint was founded by Matt Mickiewicz and Mark Harbottle in 1999. The company had its origins in Webmaster-Resources.com, an internet forum Mickiewicz founded as a resource for beginner web developers. Originally, the company's business model was based on selling advertising and sponsorship. Following the collapse of the Dot-com bubble in 2000, the company looked towards publishing as an alternative source of income. The company's first book, ''Build Your Own Database Driven Website Using PHP and MySQL'', was published that November, based on a popular online tutorial. Originally made available using print on demand, the book went on to sell 20,000 copies. By 2004, the company had published six books, and began distribution through O'Reilly. The SitePoint Marketplace, a spinoff from the site's existing forums, was launched in 2005 as a forum in which web designer ...
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Matt Mickiewicz
SitePoint is a Melbourne-based website, and publisher of books, courses and articles for web developers. History SitePoint was founded by Matt Mickiewicz and Mark Harbottle in 1999. The company had its origins in Webmaster-Resources.com, an internet forum Mickiewicz founded as a resource for beginner web developers. Originally, the company's business model was based on selling advertising and sponsorship. Following the collapse of the Dot-com bubble in 2000, the company looked towards publishing as an alternative source of income. The company's first book, ''Build Your Own Database Driven Website Using PHP and MySQL'', was published that November, based on a popular online tutorial. Originally made available using print on demand, the book went on to sell 20,000 copies. By 2004, the company had published six books, and began distribution through O'Reilly. The SitePoint Marketplace, a spinoff from the site's existing forums, was launched in 2005 as a forum in which web designer ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Alternative Investment
An alternative investment, also known as an alternative asset or alternative investment fund (AIF), is an investment in any asset class excluding stocks, bonds, and cash. The term is a relatively loose one and includes tangible assets such as precious metals, collectibles (art, wine, antiques, cars, coins, musical instruments, or stamps) and some financial assets such as real estate, commodities, private equity, distressed securities, hedge funds, exchange funds, carbon credits, venture capital, film production, financial derivatives, cryptocurrencies, non-fungible tokens, and tax receivable agreements. Investments in real estate, forestry and shipping are also often termed "alternative" despite the ancient use of such real assets to enhance and preserve wealth. Alternative investments are to be contrasted with traditional investments. Research As the definition of alternative investments is broad, data and research vary widely across the investment classes. For example, art an ...
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Venture Capital Firm
Venture capital (often abbreviated as VC) is a form of private equity financing that is provided by venture capital firms or funds to startups, early-stage, and emerging companies that have been deemed to have high growth potential or which have demonstrated high growth (in terms of number of employees, annual revenue, scale of operations, etc). Venture capital firms or funds invest in these early-stage companies in exchange for equity, or an ownership stake. Venture capitalists take on the risk of financing risky start-ups in the hopes that some of the firms they support will become successful. Because startups face high uncertainty, VC investments have high rates of failure. The start-ups are usually based on an innovative technology or business model and they are usually from high technology industries, such as information technology (IT), clean technology or biotechnology. The typical venture capital investment occurs after an initial "seed funding" round. The first round ...
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Series A Round
A series A round (also known as series A financing or series A investment) is the name typically given to a company's first significant round of venture capital financing. The name refers to the class of preferred stock sold to investors in exchange for their investment. It is usually the first series of stock after the common stock and common stock options issued to company founders, employees, friends and family and angel investors. Series A rounds are traditionally a critical stage in the funding of new companies. Series A investors typically purchase 10% to 30% of the company. The capital raised during a series A is usually intended to capitalize the company for 6 months to 2 years as it develops its products, performs initial marketing and branding, hires its initial employees, and otherwise undertakes early stage business operations. It may be followed by more rounds ( Series B, Series C, etc). Sources of capital Because there are no public exchanges listing their securi ...
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CNBC
CNBC (formerly Consumer News and Business Channel) is an American basic cable business news channel. It provides business news programming on weekdays from 5:00 a.m. to 7:00 p.m., Eastern Time, while broadcasting talk shows, investigative reports, documentaries, infomercials, reality shows, and other programs at all other times. Along with Fox Business and Bloomberg Television, it is one of the three major business news channels. It also operates a website and mobile apps, whereby users can watch the channel via streaming media, and which provide some content that is only accessible to paid subscribers. CNBC content is available on demand on smart speakers including Amazon Echo devices with Amazon Alexa, Google Home and app devices with Google Assistant, and on Apple Siri voice interfaces including iPhones. Many CNBC TV shows are available as podcasts for on-demand listening. Graphics are designed by Sweden-based Magoo 3D studios. CNBC is a divisi ...
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Potato Parcel
Potato Parcel (or PotatoParcel.com) is an American company and website for delivering potatoes with personalized messages, which are limited to 140 characters or one picture. History In May 2015, Potato Parcel was founded by mobile app developer Alex Craig, a 24-year-old University of North Texas alumnus, and was later promoted on Reddit. Originally, Potato Parcel was based in Dallas, Texas. Craig said he would buy the potatoes from the local neighborhood Walmart. Reportedly, profits per month ranged between $10,000 and $13,000. Potato Parcel proved popular on websites like Twitter. In an email interview with ''MarketWatch''s Kathleen Burke, Craig said "I wanted to create a brand new way of sending a message outside of apps and technology by allowing anyone to send an anonymous message…on a potato." In October 2015, Potato Parcel was sold to Bay Area entrepreneur Riad Bekhit for $40,000 and moved to San Bruno, California. Bekhit says he uses a Pilot G2 gel roller pens to write ...
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Florida
Florida is a state located in the Southeastern region of the United States. Florida is bordered to the west by the Gulf of Mexico, to the northwest by Alabama, to the north by Georgia, to the east by the Bahamas and Atlantic Ocean, and to the south by the Straits of Florida and Cuba; it is the only state that borders both the Gulf of Mexico and the Atlantic Ocean. Spanning , Florida ranks 22nd in area among the 50 states, and with a population of over 21 million, it is the third-most populous. The state capital is Tallahassee, and the most populous city is Jacksonville. The Miami metropolitan area, with a population of almost 6.2 million, is the most populous urban area in Florida and the ninth-most populous in the United States; other urban conurbations with over one million people are Tampa Bay, Orlando, and Jacksonville. Various Native American groups have inhabited Florida for at least 14,000 years. In 1513, Spanish explorer Juan Ponce de León became the first k ...
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GoDaddy
GoDaddy Inc. is an American publicly traded Internet domain registrar and web hosting company headquartered in Tempe, Arizona, and incorporated in Delaware. , GoDaddy has more than 21 million customers and over 6,600 employees worldwide. The company is known for its advertising on TV and in the newspapers. It has been involved in several controversies related to unethical business practices and censorship. History GoDaddy was founded in 1997 in Phoenix, Arizona, by entrepreneur Bob Parsons. Prior to founding GoDaddy, Parsons had sold his financial software services company Parsons Technology to Intuit for $65 million in 1994. He came out of his retirement in 1997 to launch Jomax Technologies (named after a road in Phoenix Arizona) which became GoDaddy Group Inc. GoDaddy received a strategic investment, in 2011, from private equity funds, KKR, Silver Lake, and Technology Crossover Ventures. The company headquarters was located in Scottsdale, Arizona up until April 2021, when ...
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2012 United States Presidential Election
The 2012 United States presidential election was the 57th quadrennial presidential election, held on Tuesday, November 6, 2012. Incumbent Democratic President Barack Obama and his running mate, incumbent Vice President Joe Biden, were re-elected to a second term. They defeated the Republican ticket of businessman and former Governor Mitt Romney of Massachusetts and Representative Paul Ryan of Wisconsin. As the incumbent president, Obama secured the Democratic nomination without serious opposition. The Republicans experienced a competitive primary. Romney was consistently competitive in the polls and won the support of many party leaders, but he faced challenges from a number of more conservative contenders. Romney secured his party's nomination in May, defeating former Senator Rick Santorum, former Speaker of the House Newt Gingrich, and Texas congressman Ron Paul, among other candidates. The campaigns focused heavily on domestic issues, and debate centered largely ar ...
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