LiveBid

6 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Jul 31, 2015 by Matt Williams · across every show →

Everything said about LiveBid, oldest first

Jul 31, 2015
Disclosure
Matt Williams funded LiveBid employee salaries with his personal credit card
“You know, I was already at the point of starting to put, you know, salaries on my credit card for those employees that had families.”
Matt Williams Jul 31, 2015 ▶ 7:27 FF 006: Acquired by Amazon, CEO @ Digg, EIR @ a16z and now Founder @ Pro.com with Matt Williams
Jul 31, 2015
Assertion Supported
LiveBid built the first real-time engine for physical online auctions
“And we decided to focus you know, the entire company on the auction space and built the first real time the real, you know, first real time engine for competing in a physical auction for online bidding.”
Matt Williams Jul 31, 2015 ▶ 4:06 FF 006: Acquired by Amazon, CEO @ Digg, EIR @ a16z and now Founder @ Pro.com with Matt Williams
Jul 31, 2015
Assertion Supported
LiveBid broadcast the OJ Simpson estate sale as an online auction
“And we had one of the largest auction events kind of on that's ever been broadcast online, which is the OJ Simpson estate sale.”
Matt Williams Jul 31, 2015 ▶ 8:07 FF 006: Acquired by Amazon, CEO @ Digg, EIR @ a16z and now Founder @ Pro.com with Matt Williams
Jul 31, 2015
Assertion Supported
Matt Williams: LiveBid delivered a 10x return when acquired by Amazon
“I started a company called LiveBid that was founded back in 96 and sold to Amazon in 99 for about a 10 X return to investors”
Matt Williams Jul 31, 2015 ▶ 2:49 FF 006: Acquired by Amazon, CEO @ Digg, EIR @ a16z and now Founder @ Pro.com with Matt Williams
Jul 31, 2015
Assertion Partly supported
LiveBid amassed $100M in inventory before acquisition interest from Amazon and eBay
“And in about a year we're able to amass close to a hundred million dollars in inventory that was, you know, being offered through auction through our website, which at the time was quite a bit, and we then had, had interest from eBay, Yahoo, and Amazon for acq…”
Matt Williams Jul 31, 2015 ▶ 4:52 FF 006: Acquired by Amazon, CEO @ Digg, EIR @ a16z and now Founder @ Pro.com with Matt Williams
Jul 31, 2015
Assertion Supported
Matt Williams: LiveBid sold an official movie Batmobile online in 1998
“We in fact sold the Batmobile online. Wow. Through our platform, you know, from the from one of the Batman movies.”
Matt Williams Jul 31, 2015 ▶ 5:54 FF 006: Acquired by Amazon, CEO @ Digg, EIR @ a16z and now Founder @ Pro.com with Matt Williams
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