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Selling Kiko  

Excellent story by Justin Kan about how they sold the assets from Kiko, their first YC startup, on eBay, for $258k.

An hour left to go. It jumped to 100k. I ran out and yelled something unintelligible to my friends. A few minutes later it was 113. I was a genius. 150 with 15 minutes to go. I had just invented a new business model for web startups across the globe.

In the last 10 minutes it jumped over 100k to 258. I was on the phone with Emmett literally screaming. My friends were cheering. I felt like I'd won the Superbowl. I was a rock god.

More from the library:
Idea reach and the cofounder myth
Unintentional plagiarism - your ideas belong to everyone
What kind of startup should you copy?