In what I consider a very troubling and horrible decision, A one member UDRP panel has awarded a domain names welldonebbqs.com and welldonebbqcleaning.com to a Complainant who didn't have a registered trademark, on the basis doing a whopping $11,000 in gross revenue, having $1,000 in a bank account and distributing 2,000 flyers. I have comments that follow this really bad … [Read more...]
CircleId Post Rips The Domain Name IDNX Pricing Index
Alex Tajirian, CEO of DomainMart in a post on CircleID.com just ripped into the IDNX domain name index backed by Thies Lindenthal and Sedo. "The index is intended to be a benchmark for domain owners and investors. " "But it's out of line with other studies and the common sense of how a market operates. A much better barometer to follow is average prices for groups of domain names with similar … [Read more...]
Rocket Internet Incubator & Accelerator Company Raised $500 Million Since 2012
In a press release just out today Rocket Internet announced "that it has raised a total of USD $500 million from partners Investment AB Kinnevik and Access Industries since May 2012, representing the largest investment ever made in an internet incubator and accelerator company. " "The funds will be used to further expand Rocket Internet´s world-wide network of successful internet … [Read more...]
Publicly Traded Ceat Mahal Of India Files UDRP Against BuyDomains.com On Ceat.org
Ceat Mahal a tire manufacturer located in India, filed a UDRP against BuyDomains.com on the domain name Ceat.org Buydomains.com appears to have picked up the domain name on a drop in late 2012. The Tire manufacturer appears to be a public company and owned the domain name Ceat.com The domain name Ceat.org is going to a generic parked page and of course has a "for sale" on the top. Ceat … [Read more...]
Finalist For Britain’s Million Pound Startup Competition Buys FaceBuy.com For $10K On Sedo
The domain name FaceBuy.com just sold on Sedo for $10,000 and I think the seller may not be thrilled when they realize the buyer is a App developer from Australia who has already gotten some mainstream coverage in the press and whose Facebook page has almost 9,000 likes. The start up is so successful that they are a finalist for Britain's Million Pound Startup Competition. The company was … [Read more...]
Sedo.com Transactions Total $1MM Led By PremierOutlets.com For $26K
Sedo.com just released their domain transactions for the week 08/05/13 – 08/11/13 totaling $1MM. The highest priced transaction was PremierOutlets.com at $26,000 followed by RealGaming.com at $20,000. Over the past week, 673 transactions took place on Sedo’s marketplace and via SedoMLS, totaling $1MM. This amounts to $42.2MM in year-to-date sales revenue. Over 47% of total sales were the … [Read more...]
Looker.com Sold On Godaddy For $50K in 2012 Gets $16 Milion In Series A Funding
The Term Sheet is reporting that Looker.coma Santa Cruz, Calif.-based business intelligence startup, has raised $16 million in Series A funding. Redpoint Ventures led the round, and was joined by seed backer First Round Capital." The domain name Looker.com was purchased at the Godaddy marketplace back in May 2012 for $50,000. The domain name was owned in early 2012 by a company Looker DNS … [Read more...]