An interesting news story came out today on c|net about Box.net acquiring Box.com from Digimedia.com. The exact terms were not discussed, but they started geeking out talking zeros and integers revealing that the sale was in the $9xx,xxx area.
Love the robbery reference in the header:
CEO Aaron Levie got lucky: The company that owned the dot-com of his company name wanted a lot, but not as much as they could have held him up for.
But at least he had his colleague and well known journalist who shows an interest in domain names, Paul Sloan, clarify that Digimedia are good people:
“But these are good guys,” Sloan told me. “They’re not doing trademarks, they’re not doing porn.”
That makes it better.
Mike Berkens @ TheDomains.com is reporting that Social.org sold today on NameJet for $228,000, or roughly 10% of last years $2,600,000 sale for the .com.
Fantastic sale for both buyer and seller!
Side Note: No no Mike totally cool, we’re the “domain name sales” site and all, but you go ahead and blog about domain sales. Way to scoop us
Side Side Note: Remind me one day to make a post about being in the Middle East, speaking to a gentleman and being really creeped out when he kept telling me and my wife about how we should check out his “desert bashing…o…r…g” site. (say it fast)
At NameBio there are a few different professional circles that we float between. We’re heavy into domains obviously, but we’re also involved with IT startups.
Our friends at FounderFuel, a Canadian startup accelerator & TechStars affiliate based out of Montreal are 3 weeks into their second cohort. They’ve been blogging about the experience it as they go. Now, being a startup accelerator FounderFuel’s blog is startup focused, but the parallels between IT startups and the domain business are very strong.
A number of days ago our friends made a post that has a lot of relevance to all small business owners “Sometimes when you innovate, you make mistakes.” It’s well worth the read and has a great graphic that one of the FounderFuel team members created.
Below is a short excerpt, I encourage everyone to read the full post!
Making mistakes is inevitable. When kids learn to ride their bikes, they’re going to fall off. I sure as hell did. But I learned from my mistake and now, riding a bike is, well, as easy as riding a bike. Once you learn how to ride a bike, you don’t make the mistake of falling off it again. Riding a bike isn’t the most valuable skill, but making mistakes much bigger than falling off a bike can mean acquiring invaluable skills and significantly improving not just your business, but your own worth as well.
The team behind NameBio are busy guys, many irons in the fire, lots of food on their plates, or even up to our eyeballs in work at any given time. But NameBio holds a special place in our hearts and it’s time to show a little love.
We regularly work on the backend of the site, but have been hinting at upcoming frontend development with things like the ability to register as a member of the site and the reanimation of the blog.
So here’s the scoop. We’re in ‘spec mode’ right now working on some new layouts, content and tools for the site. We hope to roll out some new features in the coming weeks, but we may have some extra time to spend on NameBio.
So we want to know what you would find useful to add to the site.
Is there a tool that you would love to have?
Some extra data points that are needed?
Videos of cats maybe?
Post anything you would like in the comments below or send us a message via the contact page on the site. We can’t promise that we’ll add what you would like, but we guarantee that we’ll take all comments and suggestions into consideration.
Help us help you.
As expected, CloudServers.com was the second large ‘cloud’ sale of the day, topping out at $31,715, with 79 bids worth roughly $11,894 coming in the last hour alone.
Also as expected it beat the sale from earlier today, CloudApp.com that sold for $24,000.
Any predictions on the buyer? Large hosting company? Rackspace perhaps?
- Update -
The domain actually sold for $32,010 USD, the $31,715 is CDN, I didn’t notice that GoDaddy’s site automatically adjusts currency based on your location. Good eye @DailyDomaining
News of a solid sale coming out of GoDaddy auctions made it’s way to us today. CloudApp.com riding the wave of popularity surrounding the ‘cloud’ sold today after receiving nearly 130 bids!
Hot on it’s tail is CloudServers.com, an arguably better domain name. Closing in a number of hours the domain has already passed $10,000 in bidding and is on it’s way to giving us a second high cloud sale to report.
For those interested, here is the link to the CloudServers.com auction: https://auctions.godaddy.com/trpItemListing.aspx?miid=65875701
We’re all familiar with random domain sales that don’t follow much logic, but the sale reported by Sedo today of fcbarcelona.cn for $10,000 is questionable even by normal standards.
A weak domain extension combined with a potential trademark issue and high sale price.
What are we missing on this one? Would welcome some insight in the comments on this post, or on the domain’s page: http://namebio.com/fcbarcelona.cn
After a short three and a half year break the NameBio blog is back! We’ll be writing articles about notable sales, other interesting happenings in the domain name market along with random musings.
From domain name auctions, to rumours of private sales we’ll try to cover it all at least briefly. We’ll also be posting guest content from our friends in the domain name industry. If you have an interesting tip, or would like to post an article you’ve written, don’t be afraid to reach out to us anytime!
Domaintools is at the live auction market once more, this time with a 50 domain premium auction (Scheduled for Sept 24th during the TRAFFIC conference) They were supposed to be releasing the list on Sept 17th, but instead released a “sneak peak” list of about 30 domain names. Needless to say, there are some “interesting” picks.
Overall, the list looks sub-par, for not just a Domaintools auction, but compared to the Rick Latona and Moniker Auctions, pretty embarassing.
So, what went wrong? Domaintools hired a third party company, DomainConsultant.com to evaluate the domain names, and determine which ones made the grade. Either DomainConsultant did a rotten job or the submissions for this auction were awful. Either way, this auction is looking to be a bust.
When a domain name like NameLender.com makes it on a list of the Top 50 of “Thousands and Thousands” of submissions, your not going to have the quality supply of domains you want.
Best of luck to DomainTools/Aftermarket.com – your going to need it.
Some of you may have noticed recently when logging into NameJet, you were prompted to agree to a Fabulous service agreement. That prompted a few questions about what does Fabulous have to do with NameJet? That question was answered this evening by Mike from Fabulous.
As it turns out, Fabulous will now be sending their expiring domain names to NameJet. As of now, only Fabulous owned domain names will make it to the platform, however if successful expect all domains registered with fabulous to hit the auction block on expiration.