Literally hours after being mentioned on Mashable.com, vConvert.net put itself up for auction. The winning bid was 15,700 EUR (~ $21,045.85). It looks as though the folks at vConvert.net have turned a nice profit.
This is reminiscent of last month’s InviteShare.com debacle; wherein, one week after being featured on TechCrunch.com, they were purchased by the same TechCrunch.com for the speculated amount of $25,000. Leveraging popular blog traffic to help sell your site may be the way to go if you are unable to finance your growing Infrastructure needs. However, if this is not the case, you can’t blame anyone (including vConvert.net) for striking while the iron is hot. Congrats on the online real estate flip!
Description from vConvert.net: “This service allows you convert an Online Video like ‘YouTube videos’ to more popular formats like wmv, mov, mp4, mp3, 3gp etc. vConvert.net converts FLV to the selected format faster and less lossy than a typical transcoder. When you submit a url, it will download the file to server and convert to the video format. Then you can download the converted file.”
[...] ConvertTube es un clon de vConvert, una web que te permite descargar videos de Youtube en el formato que tu quieras. Lo gracioso de esto, es que ConvertTube está en venta (14.000 dólares) y hace poco vConvert fue vendido por 21.000 dólares. [...]