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As of this blog post, rssHugger and WordHugger are officially acquired for $13,000… but lets go back a few months.
I have been building websites for over a year now and in September I decided I wanted to develop a website that helped webmasters promote themselves. I wanted to use my past entrepreneurial experience to build a website and prove to everyone that you do not need venture capital or angel investors to build a great website. I wanted to help pay for my college tuition for when I go to the University of Wisconsin next Fall, and I wanted to help thousands of entrepreneurs through Kiva (a post on that later).
In November I launched rssHugger with the goal of promoting excellent blogs and getting around all of the spam filled trashy ones that exist. After a bumpy start, I took some advice from John Chow and the site has grown rapidly ever since.
A few days ago I listed the auctions on Sitepoint with a starting bid of $1000, and a buy it now of $12,900. I made a big mistake by setting the buy it now so low, as I had received 5 buy it now offers for that amount, as well as one private offer for $13500, and one private offer for $15,000. If I had just waited a few days I could have received $20,000, but I decided I did not want to cheat the first person who posted the buy it now offer, and so I kept my word by selling it to him.
I am not going to disclose anyones name for privacy issues, but I believe both parties are happy with the sale. I will be using the funding like I originally planned (college tuition), and I have also set a big portion aside to get a new, easier to read blog design developed. I will also be getting a custom logo for the blog.
Picture of the check:
Whats in store for me now?
Well, my developers and I are keeping details private right now, but I can say that we are working on the biggest project we have ever taken on. If you thought these two sites of mine were big, you will love our new site in development. I will give all of my blog readers additional details when they are ready to go public.
My taxes are going to be a beast this year…
Congrats Collin.
Do you mind if I blog about the sell at Startup Hustle?
Everything on my blog is in public domain. Feel free. =)
Congratulations on the sale.
I’m also a huge Kiva fan. It’s really taken off in the last year. I was just toying around with the idea the other day of selling an ad on my blog each month that would fund a Kiva loan.
Congrats Collin, you look like a great Internet Entrepreneur. Keep up the good work.
Patrick
This is envy!
WOW hope All the best with your new projects
WOW! You are the true motivation!
-Mike
Thanks Mike, enjoy the beer via Paypal. =)
nice job!! keep it up. your blog is one of the few that i follow closely.
Hi, do you hire any web developer or designer to create rssHugger and wordHugger? May i know where can we find these people? I am looking forward to create some web service, but i need some web developers….
I have one friend who does all my designs, one friend who does all the coding, and one friend that does the logos. I will make a post with all of my recommendations for you.
How did the price arrive at 98 cents?
Escrow fees.
Wow real nice work. Keep up the good work with this blog please, also one of the few blogs i follow.
Congrats Collin. But does that affect my blog listing on rssHugger?
No, all current listings are permanent. =)
Sweet Job Collin!
Really gives me hope for my media/networking site I am curently getting prices on getting built for me.Like you I am really pumped about it as I came up with the idea over the holidays and there are no sites like it from what I have found so far and it is something every blogger will want to be a part of.
Keep my posted on your next project.
Sounds good!
Wow. Congrats!
Congratulations on the sale of the two sites. Even though you may have gotten less than you wanted, it is still a milestone to celebrate!
[…] WordHugger & rssHugger acquired. […]
Congrats Collin LaHay
Keep up the good work Collin LaHay
Congratulations Collin. I admire that you keep your promise and sold it to the first buyer. Looking forward to seeing your next project.
Collin, you’ve been up to a lot since we last talked. Way to go buddy. Good to see things are working out for you.
That’s awesome!
Congratulations Collin.
Congrats, young entrepreneur!
The next Bill Gates?
[…] WordHugger & rssHugger acquired. […]
[…] WordHugger & rssHugger acquired. […]
[…] - eBook sites are doing well for quite a few people these days while Colin at Mixed Market Arts sold RSSHugger and WordHugger (alright, the second one isn’t so unique, but the first one definitely is) for $13,000. […]
Hi Colin
I’ve just registered with rssHugger and now I discover that you’ve sold it. My registration is complete and I’ve done the review of the site as required. I know it no longer belongs to you now but could you tell me how to tell if my site has been listed? Thanks.
Go to rsshugger.com/yourdomain.com. If you still need help, email me.
[…] is the brainchild of Collin LaHay, the guy behind Mixed Matched Art. Though it was recently Acquired for $13,000, it is not your ordinary neighborhood RSS directory. If the curiosity gets the better of you, read […]