June 2, 2007

RSSCalendar Reaches The End Of The Road

Duncan Riley

18 comments »

rsscalendar.pngRSSCalendar, an online calendar application dating back to 2004, is up for sale on eBay.

RSSCalendar joins SynapseLife and Kiko in taking the eBay exit path. Interestingly the sale creates a hat trick in starting prices: all three listed with starting bids of $50,000.

RSSCalendar is a collaborative calendar application that supports the creation of RSS feeds and includes import support for Outlook and ICal. Developer John Pacchetti had previous listed the service for sale of the TechCrunch forums in March. Although Pacchetti is aiming to sell the site as an ongoing concern, RSSCalendar now tentatively enters the TechCrunch Deadpool.

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Comments

I think ebay will make it stable, no more ‘beta’ :-)

 

It’s the game we are playing and we all know the risks. Yet, it’s nice to think that ebay provides somewhat of an exit possibility for companies that obviously couldn’t make it on their own…

 

Ya. Always tough to put something for sale.

 

Ah, the downturn the valley so desperately needs begins… Michael can finally have a burger in the backyard with his buddies again.

 

I think calendaring is one area where some really good applications are missing outside Outlook and I wish the developer John Pacchetti had tried to add more features. I have had a look at the available calender online applications and I am still to see one that is really convincing.

 

Oh man, thanks for the joke!

$50,000 for an Alexa 250,000 site?! Come on. That makes techcrunch.com worth at least $500million.

Seriously who would pay $50k, for a site who’s functionality is replicated in google calendar? Okay, he makes a point it could be sold to universities as a smaller product, but seriously for $50k, you could start developing it yourself as a standalone product for Universities and organisations.

Pierce

 

It sounds like a repeat of Kiko, should we add a category to the deadpool named “snuffed by Google”?

 

@ Pierce

If you are going just off of Alexa, of course it would be a flawed purchase. However, he claims 2.3 Million Page Views per month and 800,000 Unique Visitors per month. However, the key item in this would be whatever that provisional patent is for. Since Google is so similar, they may actually be infringing on it - and that is where the ROI on a $50,000 purchase would lay.

Without that patent, this site doesn’t not appear to be worth $50,000. Maybe $20,000 though. Then again, it is worth whatever someone is willing to pay for it.

 

Agree completely with Pierce. The features could be probably be developed within 6 weeks offshore for maybe $5k.

As a point of reference, a few years ago I sold the IP for a web collaboration suite (individual/group calendar, mail, contacts, tasks, docs) with bi-directional Outlook/Palm sync and a list of 900 customers for $65k. Maybe I should have listed on EBay! :)

 

Was the sale to Google the end of the road for YouTube? So why the sale of RSSCalender will be the end of the road to then?

This is a exit path to the founders but it dosen´t mean the end of RSSCalender. But only if they find a buyer. :)

 

Does anyone know if Kiko has sold yet?

 

@Ben: Kiko got sold for I think $250K to Tucows.

@Joel: Provisional patent applications are super easy to file and costs only $80… unlike regular patent applications. However they have ZERO value and expire after 1 year if they are not eventually converted to a regular patent application.

I’d definitely ask them how many months they have left on that provisional before it expires (so you have a chance to look it over and decide if you want to spend $15K on a regular patent appl).

 

I am very happy that Techcrunch.com picked up my auction although I disagree about being in the Deadpool. The site will simply not die if I don’t sell it.

Here is my initial response to some of the comments.

1) I would never use Alexa data as a basis for anything. I’ve seen a 30% drop in traffic on Alexa while our internal stats actually showed a 25% increase. This applies most sites I’ve run, sold, etc. Advertising clients are starting to understand the disparities.

2) I’ve run this site for FREE - going on 3 years now. It’s a one-man show. There is no venture capital. I created the site merely as a side project - something easy enough my parents could use. Something I could personally use to disseminate my calendar information in a simple and clean way so family and friends know what my schedule entails. Once they download my RSS Calendar feed, they are done.

3) I don’t have time to build out additional features so I thought I might try to recoup some of my time by selling the site (can’t just give it away can I). Perhaps there is someone out there with more time and ideas for RSSCalendar.com. There is also an opportunity cost as stake here - for other business that I own. I simply don’t have the time.

4) Aside from AdSense revenues and technology, I believe the value of RSSCalendar is in the userbase, calendar events, and page views. The site is rather popular and I get positive comments all the time - along with requests for a paid version (either minus the ads or hosted internally).

Regards,
John

 

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