LiveBid amassed $100M in inventory before acquisition interest from Amazon and eBay
Matt Williams · FF 006: Acquired by Amazon, CEO @ Digg, EIR @ a16z and now Founder @ Pro.com with Matt Williams · Jul 31, 2015 · at 4:52
Matt Williams describes LiveBid's rapid growth in auction inventory within one year of launch, leading to acquisition interest from major tech giants.
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“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 acquisition.”
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