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Old 03-11-2008, 03:22 PM THREAD STARTER               #1 (permalink)
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Fund.com Sold for US$9,999,950

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Fund.com domain name bought for $10,000,000. Per CNN -


Clek Media Inc. ("Clek") today announced that it has brokered the world-record sale of the domain FUND.COM for US$9,999,950 in an all-cash transaction. Clek, a media consulting firm, represented the seller of the domain, assisting in both the negotiation and closing of the transaction. The buyer is Fund.com Inc. (OTCBB: FNDM), a New York firm previously named Meade Technologies Inc. To date the buyer has revealed their plans for the domain mostly in filings with the US Securities and Exchange Commission.
????: NamePros.com http://www.namepros.com/domain-name-discussion/443296-fund-com-sold-us-9-999-a.html
......
Article Link : http://directnavigation.com/DirectNa...s_Reality.html

CNN Money link : http://money.cnn.com/news/newsfeeds/...re/0373359.htm
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Old 03-11-2008, 04:19 PM   #2 (permalink)
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Old 03-11-2008, 04:22 PM   #3 (permalink)
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Old 03-11-2008, 04:23 PM   #4 (permalink)
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Old 03-11-2008, 04:28 PM   #5 (permalink)
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$37.5 mil

The highest price for domain was $37.5 mil for iphone.com
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Old 03-11-2008, 04:34 PM   #6 (permalink)
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Old 03-11-2008, 04:43 PM   #7 (permalink)
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What is the URL for Clek Media's website (the broker)?
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Old 03-11-2008, 04:56 PM   #8 (permalink)
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Originally Posted by mobite
The highest price for domain was $37.5 mil for iphone.com
Where are you getting this data from?
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Old 03-11-2008, 04:59 PM   #9 (permalink)
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That extra $50 really would have broken the bank to make it nice and even

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Old 03-11-2008, 05:03 PM   #10 (permalink)
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Old 03-11-2008, 05:22 PM   #11 (permalink)
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Nice price

Cheers
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Old 03-11-2008, 05:29 PM   #12 (permalink)
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That's a lot of money. Fund is a once-in-a-lifetime name to be sure, but do you think the buyer overpaid?
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Old 03-11-2008, 05:30 PM   #13 (permalink)
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Originally Posted by BlackDiamond
That's a lot of money. Fund is a once-in-a-lifetime name to be sure, but do you think the buyer overpaid?
No! You said it right...once in a lifetime. You'll never
see that name sold again
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Old 03-11-2008, 05:30 PM   #14 (permalink)
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Originally Posted by EG.domains
....it has brokered the world-record sale of the domain FUND.COM for US$9,999,950 in an all-cash transaction
Cheap buggers, they could have at least paid another 50 bucks so the guy could get a $10 million note to go home with !
????: NamePros.com http://www.namepros.com/showthread.php?t=443296


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Old 03-11-2008, 05:32 PM THREAD STARTER               #15 (permalink)
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Originally Posted by gazzip
Cheap buggers, they could have at least paid another 50 bucks so the guy could get a $10 million note to go home with !
????: NamePros.com http://www.namepros.com/showthread.php?t=443296


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I'm not sure why they didn't pay extra $50

Is it escrow fees?
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Old 03-11-2008, 05:34 PM   #16 (permalink)
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Originally Posted by EG.domains
I'm not sure why they didn't pay extra $50

Is it escrow fees?
Maybe they were only offering $9,999,900 and the
seller shook em down for an extra $50
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Old 03-11-2008, 05:34 PM   #17 (permalink)
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And to think I sold that name to them 7 years ago

For $50


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Old 03-11-2008, 05:47 PM   #18 (permalink)
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Last month there was a sale of iPhone.com.
The buyer: Apple Computer

The Seller registered it in 1995 and used it for the cellphone sales.
His biz was netting less than $100 a month.

Negotiations took more than 2 years.
The final price was $37.5 mil

Compare with $12 mil for sex.com
------------
The Seller was represented by a very young but able lawyer.
They threw a curveball at Jobs: $100 mil take it or leave it.

Meanwhile, they also took several TM's for their domain in US & EU

SJ is still recovering from the deal
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Old 03-11-2008, 05:52 PM   #19 (permalink)
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Originally Posted by mobite
Last month there was a sale of iPhone.com.
The buyer: Apple Computer

The Seller registered it in 1995 and used it for the cellphone sales.
His biz was netting less than $100 a month.

Negotiations took more than 2 years.
The final price was $37.5 mil

Compare with $12 mil for sex.com
------------
The Seller was represented by a very young but able lawyer.
They threw a curveball at Jobs: $100 mil take it or leave it.

Meanwhile, they also took several TM's for their domain in US & EU

SJ is still recovering from the deal
Once again, where are you getting this data from?
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Old 03-11-2008, 06:38 PM   #20 (permalink)
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Originally Posted by mobite
Last month there was a sale of iPhone.com.
The buyer: Apple Computer

The Seller registered it in 1995 and used it for the cellphone sales.
His biz was netting less than $100 a month.

Negotiations took more than 2 years.
The final price was $37.5 mil

Compare with $12 mil for sex.com
------------
The Seller was represented by a very young but able lawyer.
They threw a curveball at Jobs: $100 mil take it or leave it.

Meanwhile, they also took several TM's for their domain in US & EU

SJ is still recovering from the deal

????: NamePros.com http://www.namepros.com/showthread.php?t=443296
why... why have not i reg iphone.com in 1994
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Old 03-11-2008, 06:41 PM   #21 (permalink)
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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
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Old 03-11-2008, 06:42 PM   #22 (permalink)
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Old 03-11-2008, 06:44 PM   #23 (permalink)
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Very interesting sale.
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
I'm not sure this would find a taker at 0% of the price
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Old 03-11-2008, 07:00 PM   #24 (permalink)
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Originally Posted by snoop
Very interesting sale.
????: NamePros.com http://www.namepros.com/showthread.php?t=443296



I'm not sure this would find a taker at 0% of the price
You would be surprised.
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Old 03-11-2008, 07:04 PM   #25 (permalink)
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Originally Posted by wot
You would be surprised.
I doubt it, the equally bad f-und.com can be had for reg fee.
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