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According to CNET, video sharing site Revver is looking to sell itself for the relatively paltry sum of $300,000-500,000. Citing three different sources close to the company, CNET also notes that half of the company’s employees have left over the past 18 months.
[img src="" caption="" credit="" alt=""]While Revver has not been able to move into the top tier of video-sharing sites despite being one of the first to offer a revenue-share for content producers, the low reported sale price (and apparent lack of an interested buyer) is notable. In September, Revver announced it had dished out $1 million in revenue share to video producers, which implies they were at least making some money on ad sales on the front end while building an engaged community, albeit a much smaller one than YouTube.
However, the fact that two of Revver’s founders left the company last year probably doesn’t make buyers especially optimistic about the site’s prospects. Additionally, with YouTube now offering a revenue share, there isn't much to differentiate Revver from a sea of video sharing competition. A buyer would also inherit about $1 million of debt according to CNET, meaning the real cost to buy Revver is around $1.3-1.5 million.