So after 4 hours of intrigue and guesses on Twitter, George Kirikos reveals that he discovered the 7 figure sale of Goto.com. GotoMeeting.com was the buyer. From Sec Filings: During the three months ended March 31, 2018, the Company entered into an agreement to acquire a domain name for $2.5 million, which was paid in April 2018. The Company also capitalized $6.0 million and $7.1 million … [Read more...]
Domain investors are scum
Even in 2018 the concept that good domains cost good money is foreign to many in business. I remember a friend bringing me to a meeting at his startup back in 2015, it was a name brainstorming session. The CEO kept saying "Oh one of those pigs has our first and second choice." I turned to my friend and asked who are these pigs? He said, "YOU!" I asked what he was talking about? He explained, … [Read more...]
300% Profit = Failure?
Namepros member DrewWash posted he sold a domain for a 300% profit and considered it a failure. I think he did well, he could have done a bit better but nothing like a failure. He wrote: Opened my email this afternoon to news that an ACH payment has been made on one of my domains. My initial thought was that it was a scam and I deleted the email. Scrolling a little further down I see an … [Read more...]
Sedo weekly sales led by SysAdmin.com
Sedo reported their weekly sales and SysAdmin.com led the way at $55,000. A.tel sold for $5,500, I have not seen a .tel sale in awhile. 40 .com sales 24 cctld sales 6 other gtld sales 2 4L.com were in the top 5 with Coba.com being the higher sale at $15,500. Domain … [Read more...]
CQD.com matter resolved
James Booth posted on Namepros that he has pushed the domain name back to the original owner Rebecca. This thread became legendary and brought together a lot of the NP community to find a solution. Whois now shows Rebecca posted on Namepros: it appears that james booth did NOT JUST voluntarily give back my domain. Q. Would he have done it without the letter from Web.com? A. I … [Read more...]
iPets.com sells for $12,777 only $62,223 less than a decade ago
The domain name iPets.com closed at $12,777 on NameJet on Friday. This was the top close across all platforms on Friday according to Namebio. While some might think wow nice price! The domain actually sold for much more back in 2008. iPets.com sold for $75,000 on Afternic. The buyer was Cambridge Mass based Virtual Goods Market, which also operated as Viximo. From Crunchbase: Viximo is a … [Read more...]
Does GoDaddy have too much power?
It seems more and more domain owners are rebelling against the GoDaddy monopoly. Huge Domains also appears to be in the crosshairs of more angry domainers. Over the last week three threads on Namepros have popped up that deal with different levels of disdain, and in one thread it has been suggested to give your names away to another Namepros domainer, rather than let GoDaddy and Huge Domains … [Read more...]