The popular WordPress gallery site We Love WP has been put up for sale on Flippa. The auction appears to be going swimmingly, with the price already up to $13,000. This is especially interesting because the rule of thumb in online auctions is to never bid more than 6-12 months of a site’s revenue, and $13,000 is almost twice the net profits over a 12 month period. Some people must really see potential in growing the site!
Fun side note, this isn’t the first time the site has changed hands, we mentioned its first sale way back in 2007. I always find these auctions interesting because of all the details the site owner provides. It’s a unique peak behind the curtains of how a site works on a day to day basis. What do you guys think, is this a good buy?