Lack of funds to expand, tough work schedules, and competition from Google force Kan and Shear to bail out and sell the company. It has no revenue but has a code base that attracts bidders, and internet company Tucows eventually pays $258,000. Kan and Shear:
Since this auction was launched, we’ve had quite a few requests by individuals wanting to purchase licenses for the Kiko software. While we don’t want to pursue this ourselves, this might be a good way for a buyer of Kiko to turn around and quickly make his or her money back.