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Tuesday June 26, 2007 2:01 pm
Mightybids Goes Up for Grabs
Four years ago, Montreal cousins Peter Michaud and Jeff Ramaglia got tired of paying fees on eBay and decided to create their own online auction site, Mightybids. The service only charges when goods are sold, as opposed to charging for listing and selling. There are over now over 100,000 registered subscribers from Canada, the U.S., and Europe that utilize the service.
Here comes the irony. The two have decided to move on, so it is now up for grabs on none other than eBay. Why?
“It’s marketing. It’s getting a lot of attention and puts them to the test,” Michaud says.
Mightybids is now retooling and a few of its original programmers will keep the site running until the end of the auction July 1. Our last check found 46 bids so far at only $25,600 for the website, which understandably does not include eBay.
Read More 
| ABC News
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