The Cow still gives milk
By Marques • Apr 16th, 2008 • Category: Blogging, Internet, NewsIf you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!
What is up with it this time?
In my last post, I noted that the popular Make Money Online blog John Cow not only was for sale but had actually sold less than 36 hours after the auction started at SitePoint.
It seems that the buyer didn’t honor his part of the agreement and the Cow is still for sale.
If you want to go for it, at the time of writing you still have 12 days and 16 hours to do so. And it got cheaper too…
But this only brings a new question. How reliable is SitePoint when it comes to enforce the winning bids?
After a series of “phantom” bids, the popular marketplace site changed the rules and states that bids are now legally binding. But how to enforce them? This is a worrying question since auction values, specially for premium sites, can easily reach 6 figures.
Either Sitepoint starts thinking about a valid way to do so, or it may start loosing business.
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