Comments on: Did Thought Convergence fall for a classic sales line? http://NameBio.com/NameBioBlog/did-thought-convergence-fall-for-a-classic-sales-line/ The Domain Sales Archive Fri, 12 Mar 2010 20:40:36 +0000 http://wordpress.org/?v=2.6 By: Ronson http://NameBio.com/NameBioBlog/did-thought-convergence-fall-for-a-classic-sales-line/#comment-927 Ronson Thu, 14 May 2009 14:34:58 +0000 http://NameBio.com/NameBioBlog/?p=322#comment-927 Jay Westerdal has a golden parachute here - the economy. TC bought Domain Tools in May 2008 - right before the economy went into the toilet in the second half of 2008. Jay's lawyers will 100% use this in their defense to justify Domain Tools' lack of performance and they will prevail. I totally agree with your opinion on this blog. Jay really danced a great version of "rope a dope" with TC and they bought it hook, line and sinker. Was TC stupid? Yes. I also think they were blinded by their desire to have the world's greatest Domain Ecosystem (whatever that means). Jay Westerdal has a golden parachute here - the economy. TC bought Domain Tools in May 2008 - right before the economy went into the toilet in the second half of 2008. Jay’s lawyers will 100% use this in their defense to justify Domain Tools’ lack of performance and they will prevail. I totally agree with your opinion on this blog. Jay really danced a great version of “rope a dope” with TC and they bought it hook, line and sinker. Was TC stupid? Yes. I also think they were blinded by their desire to have the world’s greatest Domain Ecosystem (whatever that means).

]]> By: Eric Borgos http://NameBio.com/NameBioBlog/did-thought-convergence-fall-for-a-classic-sales-line/#comment-925 Eric Borgos Thu, 14 May 2009 12:14:37 +0000 http://NameBio.com/NameBioBlog/?p=322#comment-925 I just finished reading the whole lawsuit, and I agree, those 2 items seem silly, although when filing a lawsuit it is good to include any possible violation just in case the court will allow it, plus it helps make the defendant look bad. Although "lies" like competing offers and future profit prediction are very common, those are just two of many many contract violations listed in the lawsuit, so overall it looks like Thought Convergence has a strong case. Even if Jay Westerdal did not intentionally do anything wrong, it appears that he violated the contract in several ways, so he may owe damages to Thought Convergence. Yes, Thought Convergence did not seem to do their homework very well but that does not mean they won't win the case. At this point we have not seen the Jay Westerdal's defense yet, so all of this is just preliminary speculation. I amk sure he haqs his own explaination for all of these events. I just finished reading the whole lawsuit, and I agree, those 2 items seem silly, although when filing a lawsuit it is good to include any possible violation just in case the court will allow it, plus it helps make the defendant look bad.

Although “lies” like competing offers and future profit prediction are very common, those are just two of many many contract violations listed in the lawsuit, so overall it looks like Thought Convergence has a strong case. Even if Jay Westerdal did not intentionally do anything wrong, it appears that he violated the contract in several ways, so he may owe damages to Thought Convergence. Yes, Thought Convergence did not seem to do their homework very well but that does not mean they won’t win the case.

At this point we have not seen the Jay Westerdal’s defense yet, so all of this is just preliminary speculation. I amk sure he haqs his own explaination for all of these events.

]]> By: Johnny http://NameBio.com/NameBioBlog/did-thought-convergence-fall-for-a-classic-sales-line/#comment-924 Johnny Thu, 14 May 2009 06:33:02 +0000 http://NameBio.com/NameBioBlog/?p=322#comment-924 Man....that's the exact same thought I had. I read that suit thinking Thought Convergence bought this company in a "gentleman's agreement" or a hand shake b/c of the way they were talking. Crazy. Man….that’s the exact same thought I had.

I read that suit thinking Thought Convergence bought this company in a “gentleman’s agreement” or a hand shake b/c of the way they were talking.

Crazy.

]]> By: Reece Berg http://NameBio.com/NameBioBlog/did-thought-convergence-fall-for-a-classic-sales-line/#comment-923 Reece Berg Thu, 14 May 2009 05:44:47 +0000 http://NameBio.com/NameBioBlog/?p=322#comment-923 Great post Justin and nice detective work you did there :) I guess all we can do is wait until the whole story comes out. Great post Justin and nice detective work you did there :)

I guess all we can do is wait until the whole story comes out.

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