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Old 05-04-2010, 10:11 AM THREAD STARTER               #1 (permalink)
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Bido.com closing


Just saw a tweet on Twitter that BIDO is closing on May 5th. Sorry to hear. Best of luck to Sahar et al.
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Old 05-04-2010, 10:15 AM   #2 (permalink)
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Yes, I saw that too, wonder if it's real or their account got hacked!.

I sold a domain there last week, am waiting for the payment from the buyer...crap, will have to try and sell the domain again if it's true!
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Old 05-04-2010, 10:16 AM   #3 (permalink)
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The problem was basically the 1 domain a day model was not sustainable, and then when the floodgates opened for lower quality domains many users could not be bothered using it. If I wanted to weed through that much crap I would use eBay.

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Old 05-04-2010, 10:18 AM   #4 (permalink)
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Originally Posted by mosilager View Post
Yes, I saw that too, wonder if it's real or their account got hacked!.
That could be !
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Old 05-04-2010, 10:19 AM   #5 (permalink)
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Originally Posted by mosilager View Post
Yes, I saw that too, wonder if it's real or their account got hacked!.

I sold a domain there last week, am waiting for the payment from the buyer...crap, will have to try and sell the domain again if it's true!
This was the tweet
Quote:
Bido is ceasing operation as of May 5, 2010. All transactions and accounts will be gracefully finalized and closed.
So it looks like your sale might get completed.
????: NamePros.com http://www.namepros.com/domain-name-discussion/654553-bido-com-closing.html

and that message is also on the top of my bido page so it doesn't look like a hack.
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Old 05-04-2010, 10:20 AM   #6 (permalink)
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It's on their homepage now.

Bummer dude!
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Old 05-04-2010, 10:21 AM   #7 (permalink)
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I have auction for tomorrow, with several prebids already. If prebids are above BidoPrice i would sell, but not sure what will happen now
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Old 05-04-2010, 10:23 AM   #8 (permalink)
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You're right in that manner, lately I've been seeing so many lower quality domains being offered for sale....they only just increased their min. bid price from $28 to $38 last week, just seems like something drastic must have happened for them to close (unless the site has been hacked)

Originally Posted by bmugford View Post
The problem was basically the 1 domain a day model was not sustainable, and then when the floodgates opened for lower quality domains many users could not be bothered using it. If I wanted to weed through that much crap I would use eBay.
????: NamePros.com http://www.namepros.com/showthread.php?t=654553

Brad
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Old 05-04-2010, 10:27 AM   #9 (permalink)
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I don't see why they would close the site down. It gets very good traffic and is very nicely developed.
Shame to see it go but I never use it anymore anyway. Goodluck to the owner in his next ventures!
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Old 05-04-2010, 10:32 AM   #10 (permalink)
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I would guess a hack? Seems like too much time and money has been invested for them to simply shut down 1 days notice. Havent recieved any email confrmation either.
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Old 05-04-2010, 10:34 AM   #11 (permalink)
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Aint that a gripe!

I am going to blame ME for them shutting down....LOL

Yes, I pushed two domains to auction yesterday!
First time ever I went there and did that.

Now they are shutting down.

Just to avoid doing business with me....hahahahahahha
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Old 05-04-2010, 10:34 AM   #12 (permalink)
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Originally Posted by shane mac View Post
I would guess a hack? Seems like too much time and money has been invested for them to simply shut down 1 days notice. Havent recieved any email confrmation either.
I know of someone that called their office and a staff member has apparently confirmed the closing of Bido.
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Old 05-04-2010, 10:35 AM   #13 (permalink)
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Sorry to hear this. There were quite a few good names on there too. You had to weed thru the junk to find them.
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Old 05-04-2010, 10:42 AM   #14 (permalink)
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seems very strange to simply shut down operations on a whim like that without any given notice... obvously, there's a story of some kind.

As someone who tries to make things happen and build and develop i am very sorry for them - the amount of work it took for them to get that far was astronomical... it's a shame to see that happen to any striving web site and business trying to do something innovative and different.

The model was flawed, but not flawed enough to completely abandon - some work here n there, and a few changes to the philosophy could have helped.
????: NamePros.com http://www.namepros.com/showthread.php?t=654553

With any luck for them, they just got an offer they couldn't refuse and HAD to sell - perhaps more details like this will follow... hope so for their sake.

Thanks and Good Luck to you Bido
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Old 05-04-2010, 10:43 AM   #15 (permalink)
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Originally Posted by iowadawg View Post
Aint that a gripe!

I am going to blame ME for them shutting down....LOL

Yes, I pushed two domains to auction yesterday!
First time ever I went there and did that.

Now they are shutting down.

Just to avoid doing business with me....hahahahahahha
He he he he he he he, Sounds like my luck. Sorry to hear about
this. the only knock I had on BiDO was how slow is became and
????: NamePros.com http://www.namepros.com/showthread.php?t=654553
of course plethora of mediocre names dominating the auctions.
There were a few good names if you had the patience to filter
the lists

NN
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Old 05-04-2010, 10:48 AM   #16 (permalink)
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Re: Bido.com closing


I'm kind of shocked that it simply shuts down tomorrow.. will be waiting to here what's up with the Bido Team. Try not to speculate too early.. just hope all is well with Sahar and Jarred, they are class acts IMO and ill be interested where each of their focus turns next.
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Old 05-04-2010, 10:54 AM   #17 (permalink)
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This is bad. I just started using it. Really weird closing at such short notice. Maybe they could just have added some filtering process for the names. Or have account managers that filtered them. Ya they must've gotten a good offer hopefully...
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Old 05-04-2010, 10:55 AM   #18 (permalink)
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Originally Posted by iowadawg View Post
Aint that a gripe!
????: NamePros.com http://www.namepros.com/showthread.php?t=654553

I am going to blame ME for them shutting down....LOL

Yes, I pushed two domains to auction yesterday!
First time ever I went there and did that.

Now they are shutting down.

Just to avoid doing business with me....hahahahahahha
LOL, thats about you ... i though its about me ... Created account on sunday and yesterday get vote for auction ... LOL
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Old 05-04-2010, 11:00 AM   #19 (permalink)
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Thanks for the kind words everyone. It's true, we are closing. Everyone will be taken care of as far as items still in limbo.

Regards,
Jarred
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Old 05-04-2010, 11:01 AM   #20 (permalink)
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I too just started to use the service, this last week. Shame its going to be all over as their client base was growing daily.
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Old 05-04-2010, 11:11 AM   #21 (permalink)
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Originally Posted by nicedomains View Post
...just hope all is well with Sahar and Jarred, they are class acts IMO and ill be interested where each of their focus turns next.
^^ Perfectly said.
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Old 05-04-2010, 11:15 AM   #22 (permalink)
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Originally Posted by MediaHound View Post
Thanks for the kind words everyone. It's true, we are closing. Everyone will be taken care of as far as items still in limbo.
????: NamePros.com http://www.namepros.com/showthread.php?t=654553

Regards,
Jarred
So is it over for good? I was really liking the service you guys had.
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Old 05-04-2010, 11:17 AM   #23 (permalink)
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Hi Shane, yes, it's said and done. Bido is over for good, as you put it.
It's a sad day for us. Thanks for the kind words.
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Old 05-04-2010, 11:18 AM   #24 (permalink)
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Originally Posted by MediaHound View Post
Thanks for the kind words everyone. It's true, we are closing. Everyone will be taken care of as far as items still in limbo.
????: NamePros.com http://www.namepros.com/showthread.php?t=654553

Regards,
Jarred
Really, really sorry to hear this Never had anything but good times ..
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Old 05-04-2010, 11:23 AM   #25 (permalink)
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Really sorry to hear its over for good Jarred, you made an awesome site and were very professional. Good luck in your future venture's.
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