The domain name world has been buzzing with some pretty incredible news, Go Daddy brokered the domain name Voice.com for a whopping $30M. Now I know what you might be thinking. Was this just the domain name itself or was there a complete business on it generating on ton of revenue.
No business, just the domain.
So now I know what you’re thinking next. Well then it can’t have been an all cash deal.
It was an all cash deal.
At this point I’m sure you want to hear more about the buyer and thanks to Andrew from DomainNameWire.com, there’s now a short Q&A with MicroStrategy (the company that sold the domain) on why they felt $30M was the right price.
In the Q&A MicroStrategy doesn’t go into great detail as to why they felt that Voice.com specifically was worth $30M, instead they said that overall they feel that previous domain sales have undervalued domains. As a domain investor…I’m not going to argue with them, if they think all our sales our too low, more power to them.
This of course begs the question – after this sale are we going to see people increase pricing on their .COM domains, especially premium .COM domains like this?
The timing for this sale couldn’t be better since Domain Investors from around the world are all together in Europe now. I’m looking forward to talking with people about this over the next couple of days to hear everyone’s opinion.
Either way, congrats to the buyer, seller, and way to go Go Daddy on brokering a record-breaking sale. Is this a good omen for NamesCon Europe, I’d say so!
Company answers questions about its domain name portfolio.
MicroStrategy (NASDAQ: MSTR) announced yesterday that it sold the domain name Voice.com for $30 million in cash, shattering the previous record for a public all-cash domain transaction. I reached out to a company spokesperson with a few questions. Although the company was rather careful with its answers, I’m sure domain investors will like the company’s view on domains. The company also said it’s interested in equity deals.
DNW: $30 million is a record-breaking amount for a publicly announced domain sale. How did you arrive at this number? How long did you work on this deal?
MicroStrategy: In our opinion, previous domain name sales by others may have undervalued domain names. We can’t go into specifics about the negotiations surrounding the sale of the Voice.com domain name other than to say that we are pleased with the outcome.
DNW: You have some great first names such as Mike.com, Arthur.com and Frank.com. What’s the story behind why the company registered these domains?
MicroStrategy: We hold various domain names that have been used or are contemplated to be used by our business. We believe domain names like Mike.com, Arthur.com, and Frank.com are evocative and powerful, and can provide unique and significant value to a business.
Editor’s note: the company’s founder and CEO is Michael Saylor. The company owns both Mike.com and Michael.com. I suspect many of the first names were those of people connected to the company in the early days.
DNW: Should companies only contact you about your domains if they are willing to spend at least 7 figures? Or would you be open to deals below that amount?
MicroStrategy: We value each of our domain names based upon a number of factors, including the domain name’s potential uses and the value it would bring to a particular strategic transaction. We believe these domain names are launching pads and critical assets for billion dollar brands. Companies that have grand aspirations should contact us.
DNW: Is MicroStrategy only interested in all-cash deals?
MicroStrategy: We are open to opportunities with parties who can leverage these ultra-premium domain names for maximum market impact. We are particularly interested in opportunities involving equity or other strategic arrangements.
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Sedo announced today that the domain name Casinos.org was sold for $400,000. The buyer is not yet known as the domain name is now in Sedo’s possession while it is transferred to the new owner. This also means that the domain name has been paid for by the buyer. Casinos.org was originally registered in 1997. …
Today: Why the extension makes a difference / Buying .com’s over 100K estibot value, LLL, CVCV – Total Budget: Up to $150,000.00 / Are Domainers Ideators? / And more!
Here are the new discussions that caught my eye in the domain community today!
Domains Are More “Portable” Than Precious Metals! – What are your thoughts when t comes to investing in precious metals versus domain assets when you travel a lot? Are domain names the most portable investment available today?
One word co, io, net domains – Total Budget: $50,000.00 – Be sure to check your portfolio for one of these single-word .co, .io, or net domains that meet this buyers specified criteria.
NicheAn.com – That’s an interesting looking domain asset. What does it mean? Maybe “AN” is an abbreviation for something? What do you think this domain is worth in today’s market?
Buying .com’s over 100K estibot value, LLL, CVCV – Total Budget: Up to $150,000.00 – Make sure to double-check your portfolio for one of these three-letter, cvcv, or estibot evaluated .com’s that you might want to liquidate for some quick capital.
Why the extension makes a difference – Are you on the side of the fence that believes the extension itself makes a difference or do you believe that before the dot is the only difference that should be considered?
Are Domainers Ideators? – Are they? An ideator is a person who creates productive ideas, a conceptualist. A person that processes and passes on their ideas and inventions to others to help sell or publicize a commodity. A solutions person, problem solver, think tank.
TextingAndDrivingSafety.com sold for $7,300 – Wow! That’s an incredible twenty-three-letter, four-word, long-tail (3 or more words), .com sales report for a high-four-figures. Do you think it should have sold for more or less than what it sold for?