BREAKING: Cloud.com Being Bought For $200 Million – $250 Million
According to TechCrunch, Citrix Systems is buying Cloud.com for between $200 million and $250 million.
TechCrunch says the deal should be announced within the hour.
Just a couple of months ago that the TechWorld took notice of iCloud.com sale of $4.5 million as being over the top.
And it was just back in February 2010 that my friend & fellow domainer Larry Fischer wrote on his blog DirectNavigation.com, that he inquired about the domain name Cloud.com and was told the owner was “considering cash offers of USD$250,000+”.
Larry wrote on his blog:
“While I like the domain, I’m not convinced it’s worth that much”
And before you get on my buddy Larry for underestimating the value of the domain, lets look at some comments from other domainers from this post:
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$250K is about right for a software brand. Compare to SEO.com @500K; Team.com @250K; Force.com @$350K
While another good Domainer friend had this to say about the domain:
“”
“I’m not convinced it’s worth that much”
It depends to who.
Bargain hunter -> No
Domain trader -> If you trade with domain owners, No.
High end trader -> Buy from a domain owner, sells to a company. Selling skills needed.
Very possible it is a good buy for this person, although there are other great buys for that person with less risk and possibly greater reward.
Collector -> If this is for collecting purposes, than ROI means nothing (like the guy who owns Spirit.com), and if they have the budget, they will buy.
Business (traffic) -> Existing business in the space, to drive type-in traffic, this domain isn’t that valuable
Business (brand) -> Existing business in the space, to add additional brand to their offering, or possibly rename a brand. Makes perfect sense, as it is a strong industry related term. If the business can support that sort of marketing budget, it should be good impact overall.
Business (Brand protection)
For 250K buying the name that defines your multi billion dollar category just so your competitors won’t get their hands on it? It is a no brainer. Yes, Yes, and Yes!
Visionary -> And the one with a vision, the one we would never know what he thinks about, what he sees. It happened before, when one bought Amazon.com, and another bought Zappos.com, and yet another bought Salesforce.com. These individuals take their overall vision in consideration, and that my friend, none of us can put a value on.”"
I always shiver when one says “this isn’t worth it”. As you know, I sold domains that no person would register for 10$, for hundreds of thousands of dollars, to the right person, the right time. Value needs to be examined in many directions before we define if an asset is worth it, or not worth it.”"
I think that sentence by Sahar needs to be repeated again:
“”I always shiver when one says “this isn’t worth it”. As you know, I sold domains that no person would register for 10$, for hundreds of thousands of dollars, to the right person, the right time . Value needs to be examined in many directions before we define if an asset is worth it, or not worth it.”"
Correct Sahar
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It’s really a nice name to brand, but worth no more than 100k to reseller