Post details: Here Is A Twist!

07/13/07

Permalink 11:00:26 am, Categories: Juicy News From The World Of Business, Weird News, Online Auctions 235 words  

Here Is A Twist!

For those of you who might be unfamiliar with it Mighty Bids is a successful online auction site. Part of its success lies in the fact that it has always marketed itself as an alternative to eBay. Therefore when I came across a press release stating that the company was looking to sell I was rather surprised that they decided to utilise eBay as a way to auction off the site!

Here is a snippet of the press release:

FOR IMMEDIATE RELEASE MONTREAL, QC: After four years of proving there can be a successful alternative to the status quo, the founders of MightyBids.com today announced that their much-praised company is itself to be auctioned off to the highest bidder. More surprisingly is the avenue Peter Michaud and Jeff Ramaglia have chosen to take for the MightyBids.com sale. “We’re listing it on eBay,” Peter Michaud said. “We figure it’s the least we can do to show it was all in good fun. Mostly.” Michaud’s “good fun” is in reference to repeated MightyBids.com criticism of eBay’s continual rate and fee hikes. Using vehicles such as the eBay Food Drive, MightyBids.com has called attention to what they feel has been a policy of profit over people at the online auction giant’s corporate headquarters.

You can read the remainder of Mighty Bids Press Release at this link.

Cheers!
Sue
XOX

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