The Court overseeing the Sex.com bankruptcy case approved the sale of the domain name yesterday for $13 Million dollars.
It looks like the Court also ordered the $2 Million dollars that was the subject of a motion to object to the sale filed by Nothin’ But Net to be held pending additional hearing on that matter.
Once again it’s a great sale and almost double what I expected the domain to fetch.
No matter how anyone tries to spin this it’s good for the industry.
With the right owner, ROI = 3 years.
Sweet, hopefully she will have much better luck this time going forward.
sex is expensive.
David
I agree, the sale once again proves generic domains are great investments
now we can sit and wait the next sex.com super (re)sale… 🙂
I am recalling my conversations with the original owner gary kremen 10 years back and the 15m settlement plus he got the criminals house in the settlement he was living in when I talked to him – Steve Cohen i think – who stole the domain. I recall him saying he started match.com and he had other pure terms as well like housing.com i thank.
This is just another page in the ongoing sex.com saga – and yes is very good for our industry as David Castillo indicated.