See what AFR had to say about the sale of our previous startup to REA Group

Melbourne entrepreneurs Chris Koch and Chad Stephens turned a $30,000 loan and unused CDs into $15 million in cash when they sold their property rentals website 1Form Online to REA Group on Tuesday.

The pair founded the site, which allows prospective tenants to apply for multiple properties using a single online form, in 2006 after realising the difficulty of managing rentals.

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