Having met Sahar Sarid and Jarred Cohen in person, I can honestly say they are two of the nicest guys in the domain business.
During the past several months, the Bido platform matured into a pleasant, glitch-free system to buy and sell domain names. Some say the mechanism was a bit too complex to follow.
So what?
It was different. Its gauges, gears, switches and interactive features made the Bido platform a very tweakable system – perhaps too advanced for its time and its audience – that can be applied to other goods and services. The programming behind Bido is extensive and the front-end is just yummy.
So where did it all go wrong?
I have no idea. Perhaps the lack of mass quantities of inventory to achieve higher revenue; perhaps the timing with other aspects of the current “bad economy”. Either way, the Bido platform has been making lots of sellers money. Personally, I bought a domain at a decent price – then again I’m a picky buyer.
Guys, you will be missed. But I am sure that Sahar and Jarred have something bigger and better in the works. Great minds don’t stay idle for too long.
A big hug from DomainGang.
