Comments on: Bido.com Ceasing Operation As Of May 5, 2010

By: Tom

Tom — Fri, 07 May 2010 04:03:36 +0000

Sorry to see them close as I also sold some names on there for a good profit and was hoping to list more names there..

Well hope they find a new buyer that will bring back the service bido offered..

By: Farhad Ramezan

Farhad Ramezan — Thu, 06 May 2010 18:49:38 +0000

“so we have reset your complimentary voting points to 2220″

Just look at the business concept before judging my email. A kid can look at the potential for making money with this system and say “ARE you CRAZY?”

“so we have reset your complimentary voting points to 2220″

I do no care what anyone says, if there were smart they would show it by at least to exit with dignity. Which business gives 24hr notice to close?

smart business man plan for exit as well. there were no explanation but “Good bye” and we are trying to sell our business domain name and technology for SIX figures. That is almost as stupid as the business.

By: Farhad Ramezan

Farhad Ramezan — Thu, 06 May 2010 14:52:48 +0000

I am not surprised at all. From one domain A DAY to auctioning like crazy, it was obvious from start that these people had NO SOLID BIZ plan to start a Business.

sorry to see you go but your deserved it.

By: Jarred Cohen

Jarred Cohen — Thu, 06 May 2010 03:14:12 +0000

Thanks all, we appreciate the comments.
@Jamie – the Bido.com brand, technology, and lists are in fact all for sale as one package. This is a good opportunity and highly time sensitive. Bido will be sold in the upcoming days.
Anyone interested in more info may contact me at jarred@bido.com

In any event, thanks again for your support along the way. We always appreciated reading all your blog posts about Bido.

Regards,
Jarred

By: wannadevelop.com

wannadevelop.com — Tue, 04 May 2010 18:48:59 +0000

Sad sad…. But not really surprising.

By: Steve

Steve — Tue, 04 May 2010 18:43:08 +0000

Too bad. Great system, easy, fast, smooth transactions. Hopefully this is just a transition to a better format or other partnership(s). Best of luck to everyone at Bido.

By: Victor

Victor — Tue, 04 May 2010 18:17:10 +0000

I agree with Jamie. I was suggesting one domain auction per hour(9:00am-9:00pm). And, stay with the concept of better auctioning better domains. It would of been profit for both Bido and sellers on Bido. Good luck in the future!

By: Jamie Zoch

Jamie Zoch — Tue, 04 May 2010 18:07:10 +0000

From my understanding… the video was what did them in JK
~
I agree, Sahar and Jarred are top notch guys and are always professional and listen to there customers but sadly it is hard to make a go of it in the domain industry. I personally think that the auction space is crowded and going away from the 1 domain a day model hurt them badly. As I stated, 1-10 good domains a day I still think can turn a profit for the service and make them stand out but it will not make the owner rich but should still be profitable.

By: Cole

Cole — Tue, 04 May 2010 17:55:59 +0000

Who is that handsome devil in that screenshot? Hahaha

This really blows for me. I have had a ton of success selling both crappy and quality domains at Bido. Their site represents about 80% of my 2010 profit thus far and while I haven’t had much recent success, I am surprised to see this happen.

Yes, the quality wasn’t always top-notch, but there were always great deals and the occasional great domain. I always questioned the sustainability of the system, but had faith that quality would increase – sadly it did not, I guess.

I must say that the Bido staff (everyone I encountered) was 100% professional, friendly and quick to respond to any of my queries. I wish them all the best of luck.