Fund.com Sold for US$9,999,950 - Page 2

wot · 03-11-2008, 07:08 PM

Originally Posted by snoop

I doubt it, the equally bad f-und.com can be had for reg fee.

I bow to your superior knowledge

MCDomains · 03-11-2008, 07:12 PM

I'd a held out for $10M

lzy · 03-11-2008, 07:41 PM

Awesome sale! I'm guessing the seller wanted 10M but the buyer haggled away $50.

"can you at least leave me $50 pretty pretty please?"

BigSotong.com · 03-11-2008, 08:24 PM

how true is it? Can they played up the figure. I doubt a 10,000,000 sales for a domain name. How much do you think that such domain name can bring in new business? How long to break-even?
?? ??

leede · 03-11-2008, 08:27 PM

wow..

Arjun · 03-11-2008, 08:41 PM

WOAH!

What a lovely payoff for the domain investor...

snoop · 03-11-2008, 09:02 PM

Originally Posted by BigSotong.com

how true is it? Can they played up the figure. I doubt a 10,000,000 sales for a domain name. How much do you think that such domain name can bring in new business? How long to break-even?
????: NamePros.com http://www.namepros.com/domain-name-discussion/443296-fund-com-sold-us-9-999-a.html
?? ??

I think it is an extraordinary overpayment. I would think they could have had pretty close to any domain they want for that money, and frankly fund.com is along way down the tree.

-REECE- · 03-11-2008, 09:36 PM

WallStreet.com would've been my name of choice if I was spending that kind of money... The fund.com seller sure has balls getting that much

Originally Posted by snoop

I think it is an extraordinary overpayment. I would think they could have had pretty close to any domain they want for that money, and frankly fund.com is along way down the tree.

snoop · 03-11-2008, 09:41 PM

Originally Posted by Reece

WallStreet.com would've been my name of choice if I was spending that kind of money... The fund.com seller sure has balls getting that much

Interestng one, if I remember rightly the reserve was around $3million for it at the moniker auction in Oct last year (not sold).

-REECE- · 03-11-2008, 09:42 PM

Yep, I was listening to that auction... Really surprised it didn't get more. Maybe not a $10m name but a hell of alot better than Fund.com imho

Originally Posted by snoop

Interestng one, if I remember rightly the reserve was around $3million for it at the moniker auction in Oct last year (not sold).

WolfMother · 03-11-2008, 10:14 PM

Originally Posted by wot

Great sale and will be more exposure for our business.

BTW - I own Fu-nd.com any takers at 5% of the non hyphenated version

Could you guys give a realistic valuation on dashed names like this?

I regged bus-iness.com back in the day just wonderin.

-REECE- · 03-11-2008, 10:20 PM

$0 - NP$

You'd be very lucky to recoup your regfee. Short domains subforum has some speculative investments that might pan out. I'd recommend placing your speculative dollars there rather then in such names.

Originally Posted by WolfMother

Could you guys give a realistic valuation on dashed names like this?
????: NamePros.com http://www.namepros.com/showthread.php?t=443296

I regged bus-iness.com back in the day just wonderin.

WolfMother · 03-11-2008, 11:07 PM

Originally Posted by Reece

$0 - NP$
????: NamePros.com http://www.namepros.com/showthread.php?t=443296

You'd be very lucky to recoup your regfee. Short domains subforum has some speculative investments that might pan out. I'd recommend placing your speculative dollars there rather then in such names.

Haha, if that's the case then i think i am going to throw up a CPA offer on it for loans, push some adbrite and call it a day.

wot · 03-12-2008, 01:27 AM

Originally Posted by snoop

I think it is an extraordinary overpayment. I would think they could have had pretty close to any domain they want for that money, and frankly fund.com is along way down the tree.

????: NamePros.com http://www.namepros.com/showthread.php?t=443296
Not in the buyers opinion, and they are the ones who count.

htmlindex · 03-12-2008, 01:49 AM

Originally Posted by IAmAllanShore

That extra $50 really would have broken the bank to make it nice and even

-Allan

Maybe the owner listed is for $9,999,950 & it sold for the full list price

RJ · 03-12-2008, 01:58 AM

Nice sale. Is it the largest all-cash domain sale ever? If so, I hope it gets some play with the media.
????: NamePros.com http://www.namepros.com/showthread.php?t=443296

Originally Posted by http://www.fund.com/investors_faq.html

How did we arrive at the $10 million purchase price for an Internet domain name?

The Internet has proven itself. The Internet connects millions of buyers and sellers everyday doing billions of dollars of business and in doing so billions of online advertising dollars and lead dollars are exchanged. The search engine Google is a prime example with $16 billion in advertising revenue. The Internet is also ideally suited to our business. Our easy to find and easy to remember address creates top-of-mind awareness for potentially tens of millions of customers. $10 million is relatively inexpensive when compared to the much greater cost of creating awareness for an upstart brand name or unknown website domain.

Cool answer.

wot · 03-12-2008, 03:27 AM

Originally Posted by -RJ-

Nice sale. Is it the largest all-cash domain sale ever? If so, I hope it gets some play with the media.
????: NamePros.com http://www.namepros.com/showthread.php?t=443296

Cool answer.

http://www.dnjournal.com/domainsales.htm

"Fund.com, thus becomes the highest all cash domain sale ever reported topping Porn.com (sold for $9.5 million in May of last year). "

goodkarmaco · 03-12-2008, 05:15 AM

End users are the nicest people in the world

Mark · 03-12-2008, 07:03 AM

Nice sale

On a side note : I've just cleaned up this thread because of a few Immature members arguing and calling each other names ... It's much easier for me to just Delete members and prune their existence from this site than it is to delete posts one by one like this. I'll take the shorter route from now on - Stop ruining the forum for all other members over your childish behaviour. ~ Mark

netzilla · 03-12-2008, 07:11 AM

That is great! A great domain with lots of obvious potential.

Pred · 03-12-2008, 07:20 AM

Originally Posted by snoop

I think it is an extraordinary overpayment. I would think they could have had pretty close to any domain they want for that money, and frankly fund.com is along way down the tree.

I agree, they could have had a hatful in fact

Originally Posted by lzy

Awesome sale! I'm guessing the seller wanted 10M but the buyer haggled away $50.

????: NamePros.com http://www.namepros.com/showthread.php?t=443296

"can you at least leave me $50 pretty pretty please?"

they prob saved the $50 dollar bill to light a cigar with at end, the rich sobs

Ben42 · 03-12-2008, 10:44 AM

I think diamond.com sold for 10mill too.

Pred · 03-12-2008, 12:18 PM

Originally Posted by Ben42

I think diamond.com sold for 10mill too.

nah, 7.5 mill

sags · 03-12-2008, 08:28 PM

Something strange about this sale announcement.
????: NamePros.com http://www.namepros.com/showthread.php?t=443296

The domain name "clekmedia" was registered March 11, 2008 and is a general website.

The domain name "clekmediainc.com" was registered March 12, 2008 and is for sale.

There are no TM listings for clek, clekmedia, or clekmediainc. at the USPTO site.

The fund.com site was a generic website (archive.org) which was an amazon book reseller. It averaged about 750 visitors a day according to domain tools info.

It seems strange that a company that basically didn't exist before March 11th announced their first sale as a 10 million dollar sale.

Maybe some of you are more knowledgeable, or I am too cynical, but looks a little odd to me.

Edit.....The article says that Fund.com is the buyer of the domain. Archive.org shows that fund.com had a TM for Fund.com back in 2004.

According to SEC filings, Fund.com issued 20 million dollars worth of shares recently.

They spent 10 million of that buying the domain name??

From themselves??

According to Yahoo Finance, this company was a 10 cent stock in January. It rose to 5.00 on almost no volume and no news........hmmm. Their financial sheets show they are bleeding money.

They hired a PR firm called MLK just recently. The article said that ClekMedia represented the domain seller. Does the domain seller usually issue the press release?

What am I missing here??

Charley · 03-13-2008, 05:06 AM

Originally Posted by mobite

The highest price for domain was $37.5 mil for iphone.com

Any reliable source or link ?
????: NamePros.com http://www.namepros.com/showthread.php?t=443296

Originally Posted by EG.domains

Is it escrow fees?

Lol, you mean on $ 9,999,950 !

03-11-2008, 07:12 PM	#27 (permalink)
MCDomains DomainSeeking.com Join Date: Sep 2005 Location: Boston Posts: 2,447 Follow @AdvoCareMatt	I'd a held out for $10M __________________ Erin Burnett CNN \| Free Images Royalty Free Be Your OWN Boss - AdvoCare Angie Harmon Pics

03-11-2008, 07:41 PM	#28 (permalink)
lzy Senior Member Join Date: Oct 2006 Posts: 3,118	Awesome sale! I'm guessing the seller wanted 10M but the buyer haggled away $50. "can you at least leave me $50 pretty pretty please?" __________________ ...

03-11-2008, 08:41 PM	#31 (permalink)
Arjun NamePros Regular Join Date: Jul 2007 Location: New Delhi, India. Posts: 873 Follow @ArjunDhawan	WOAH! What a lovely payoff for the domain investor... __________________ Quality WebDesigning at Affordable Rates LLPH.com \| 8T3.com \| PDE.in \| CGP.in

03-12-2008, 05:15 AM	#43 (permalink)
goodkarmaco Senior Member Join Date: Jan 2006 Location: Blaine, Wa. Posts: 1,976	End users are the nicest people in the world __________________ GOODKARMACO, "Tenisonline"

03-12-2008, 07:03 AM	#44 (permalink)
Mark Hi :) Join Date: Mar 2004 Location: NC Posts: 9,567	Nice sale On a side note : I've just cleaned up this thread because of a few Immature members arguing and calling each other names ... It's much easier for me to just Delete members and prune their existence from this site than it is to delete posts one by one like this. I'll take the shorter route from now on - Stop ruining the forum for all other members over your childish behaviour. ~ Mark __________________ When the man at the door yelled "Alcohol , Tobacco , and Firearms" .... I just assumed it was a delivery !

03-11-2008, 08:24 PM	#29 (permalink)
BigSotong.com NamePros Regular Join Date: Jan 2008 Posts: 207	how true is it? Can they played up the figure. I doubt a 10,000,000 sales for a domain name. How much do you think that such domain name can bring in new business? How long to break-even? ?? ??

03-11-2008, 08:27 PM	#30 (permalink)
leede Account Closed Join Date: Jun 2007 Posts: 1,602	wow..

03-12-2008, 07:11 AM	#45 (permalink)
netzilla Senior Member Join Date: Aug 2005 Posts: 1,717	That is great! A great domain with lots of obvious potential.

03-12-2008, 10:44 AM	#47 (permalink)
Ben42 Senior Member Join Date: Jan 2005 Location: Chi-Town Posts: 2,072	I think diamond.com sold for 10mill too. __________________ Good Bands \| Tablet Protectors \| SAIL \| Which Toner? \| 3d Projecting

03-12-2008, 08:28 PM	#49 (permalink)
sags NamePros Regular Join Date: Apr 2004 Location: Ontario, Canada Posts: 274	Something strange about this sale announcement. ????: NamePros.com http://www.namepros.com/showthread.php?t=443296 The domain name "clekmedia" was registered March 11, 2008 and is a general website. The domain name "clekmediainc.com" was registered March 12, 2008 and is for sale. There are no TM listings for clek, clekmedia, or clekmediainc. at the USPTO site. The fund.com site was a generic website (archive.org) which was an amazon book reseller. It averaged about 750 visitors a day according to domain tools info. It seems strange that a company that basically didn't exist before March 11th announced their first sale as a 10 million dollar sale. Maybe some of you are more knowledgeable, or I am too cynical, but looks a little odd to me. Edit.....The article says that Fund.com is the buyer of the domain. Archive.org shows that fund.com had a TM for Fund.com back in 2004. According to SEC filings, Fund.com issued 20 million dollars worth of shares recently. They spent 10 million of that buying the domain name?? From themselves?? According to Yahoo Finance, this company was a 10 cent stock in January. It rose to 5.00 on almost no volume and no news........hmmm. Their financial sheets show they are bleeding money. They hired a PR firm called MLK just recently. The article said that ClekMedia represented the domain seller. Does the domain seller usually issue the press release? What am I missing here?? Last edited by sags; 03-12-2008 at 09:30 PM.

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