eBaum’s World sells for $17.5 Million

eBaum’s world is a site that is filled with videos, images and jokes. All of the content is user-generated. HandHeld Entertainment aquired eBaums World for $15 million up front with an additional $2.5 million in HandHeld stock. eBaum’s world has been around for as long as I can remember (1998 to be exact). It has built a massive reputation for being one of the “funniest sites” on the internet.

In 2006 the site collected over $5.2 million in revenue. HandHeld Entertainment has also added to the agreement $17.5 million in HandHeld stocks if targets are reached. This is a nice chunk of money for Eric Bauman who started eBaum’s world, he should live a happy man after the settlement is complete :mrgreen: .

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6 Comments »

Comment by Glen Allsopp

August 2nd, 2007 at 4:03 pm

Didnt realise the name came from the owner. Just shows that big sites sell for big money and anyone can do it really

Im sure he never made it to become a millionaire or even dream is possible

Comment by Webd360

August 2nd, 2007 at 9:19 pm

Yea, it is stories like these that inspire so many webmasters to keep going

 
 
Comment by Thomas

August 2nd, 2007 at 6:33 pm

Wow, congrats to him!
Had no idea that site was able to make so much money.

When do you see yourself selling this site, Shaun? ;-)

Comment by Shaun

August 2nd, 2007 at 7:08 pm

haha when it’s worth $17.5 millon which should be soon ;)

 
 
Comment by Darr

August 2nd, 2007 at 8:53 pm

I wonder what he’ll do with the money. :D World trip or savings? ;)

 
Comment by tallfreak

August 2nd, 2007 at 9:30 pm

Lucky guy! I wish I would have thought of building websites in the 90’s. If only I could turn back time…

 
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