in Historical

dropsend sale

The relatively well known service DropSend is putting itself up for sale so that it’s founders can focus on their newsletter ad service. The sale notice is a bit odd in that they go out of their way to say it only takes a few minutes a day to maintain. That begs the question of why you would sell a profitable and growing business (according to them), which requires such little upkeep. Surely you could use that income while the new service gets up and running.

It sounds like lots of folks are interested in acquiring it. My take on it is that the business may be growing and profitable, but perhaps they understand a bit more about the industry than their potential suitors. For instance, they may think the large file service business will be going away in the near future due to increased capacities of gmail/aol etc. It will be interesting to see how this plays out.