UPDATE: Bidding ended this morning with one bid at the $25,000 starting price by Paul Lanzarotti, a former wireless exec. According to his LinkedIn profile, he recently started Duel Network, described as “a wireless, peer 2 peer competitive gaming network.” One to watch.

Original: YouAreTV Goes On Sale, No One Bids

Video sharing site YouAreTV has put itself up for sale on eBay. The site which attempted to build a community around independent film and original content has been around for several years but never built a major following.

In a blog post, founder David Dundas broke up with his community, pointing to the demise of similarly comunity focused video sharing sites Odeo (sold to Sonic Mountain for an undisclosed amount) and Kiko ($258,100 on eBay).

So far no one has bid for the company at its $25,000 starting price.

Economies of scale are huge in online video and more difficult to achieve for long tail content. Unfortunately, being lumped in with everything else on a site like YouTube makes finding great original content more difficult to find.

Tags: YouAreTV

This entry was posted on Saturday, December 15th, 2007 at 2:00 pm and is filed under Deals, News, Video Portals. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.