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TheDomains.com

Hassle.com Bought For $16K on Afternic In September Raises $6 Million

May 8, 2014 by Michael Berkens

Back in September 2013, we reported that the domain name Hassle.com was bought on Afternic for $16,000.

Today comes the news via the Term Sheet that:

“Hassle.com, an online marketplace for home-cleaning services, has raised $6 million in Series A funding from Accel Partners. ”

So we are talking about a domain now bought for what now appears to be pennies on the dollar raising $6 Million in first round funding just 8 months after it was acquired.

Something to keep in mind the next time you get an offer on a one word .com’s and short and brandable domains.

I’m sure this is not going to be the last we hear about Hassle.com

 

 

Filed Under: Uncategorized

About Michael Berkens

Michael Berkens, Esq. is the founder and Editor-in-Chief of TheDomains.com. Michael is also the co-founder of Worldwide Media Inc. which sold around 70K domain to Godaddy.com in December 2015 and now owns around 8K domain names . Michael was also one of the 5 Judges selected for the the Verisign 30th Anniversary .Com contest.

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Comments

  1. Leonard P Britt says

    May 8, 2014 at 3:42 pm

    Think about it for a moment. Investors want to see a handsome ROI and a fairly quick payback. So if investors are putting in $6 million, the idea is deemed to generate $2 million or more annually in after tax cash flow? Domainer investors are either in the wrong business or not getting a fair share…

  2. Painters Decorators London says

    September 8, 2016 at 2:24 pm

    They are doing really well in London. Very reputable firm!


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