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Financial News Aggregator Streetread Goes Up For Auction
by Allen Stern on February 27th, 2009
We reviewed the financial news and stock quote aggregator Streetread back in August when they launched their mobile version. The company describes the service as, "Streetread automatically aggregates the latest headlines from over 20 of the leading finance sites on the web, as well as all of the stocks you choose to follow".
Yesterday Streetread went up for auction on Sitepoint. The minimum bid is $8,500 with a buy-it-now price of $10,000. The founder says they are selling due to a new project the team is working on. They claim 2,000 registered users. And they note 7,000 unique visitors a month.
Allen, this is actually my 3rd attempt to sell my site. I’ve listed it before at few places (sitepoint, wickedfire, ebay), but the sale is not going very well just yet. Thanks.
With only 2,000 registered users, and 7k uniques, I am not sure if the site is worth anything more than its base technology. Sad to see a new site miss its audience.
Also, judging by the comments on SitePoint, as sale looks unlikely.