I think the price was an absolute steal as is the premium fee of 1k - probably would carry a yearly renewal of 10k if not more if rosenblatt could have got his hands on it...
Since it is paid up to 2013, essentially means that there was zero premium paid to get the name..........
This is a name bought in partnership with Jimbo - who else!!!!!! lets see how the big boys in the diy departrment feel about the name over the next five years.......
we have decided not to wait around but market the name and business plan to the power players that be.....,.
maybe mr frager who seems to have changed his mind on the .tv ext can lend us one of his contacts!!
After all the fuss and mass excitement of the first auction (where the name was followed by VERY many people and went to just short of $10k before we bailed out as penultimate bidder) I was quite disappointed that I hadn't gone further to get the name.
It is, without a doubt, one of the top names of any of the three letter domains.
I followed the name on the whois every day, waiting to see who had beat us at the auction but nothing happened - the buyer had obviously pulled out. The deal was certainly not completed. I couldn't believe my luck when it quietly dropped back onto SEDO.
I immediately put in a bid, asked Millers to join me and was expecting this to be a bIG auction fight. At least one other person on this forum, I believed, would take me well beyond $10k. And I mean WELL beyond 10k.
It was an exciting week watching nobody notice the name on SEDO. The other bidders just didn't materialise and it was sold after 7 days at the first bid. Sign of the times or good fortune? Who knows!
We are now left with a beautiful name which so lends itself to development that it may lead the way ahead of us.
The precedent has certainly been set if you look at the number 48 position on the following page
That massive November figure is certainly making the new acquisition of more and more interest. The fact I am travelling over to see Millers in the USA to talk strategy on this one speaks volumes for our expectations.
I know the 'fun' of the last auction didn't take place this time and it was, thankfully, very low key. I apologise for not shouting about it, but I was determined to get the name for any price. There are people here who, obviously realising I REALLY wanted the name, gave me the wink that it was for sale (you know who you are) and I thank them for letting me know - even though it never left my radar for a minute. I will not forget you thoughtfulness.
In the meantime, if anyone wants any discount powertools, you know who to call!
What an excellent buy! I checked it out some months ago, as I think it's a very viable name. Congrats, and I look forward to seeing what you both do with it.
I won't CALL anyone! I'll 'Go Ahead, Turn It On', lol. Should we be expecting James to appear a la cordless drill demonstration videos??! Maybe Jimbo will be installing a water heater or home theatre system?! Celebrity Material, I'm telling you!
congratulations boys .net went for $200,000 and .com is valued over
1 million
__________________ cityforum.com -
Do you have your own cityforum ?
Toronto, Montreal, Hyderabad and Los Angeles are now taken. Send a PM if you wish to join us with your city in this group development project. Free Hosting.
wow, I think that is really dirt cheap considering the possibilities, someone really got a great deal.
DIY.net sold for $200,000 but in all honesty I'd much prefer DIY.tv - HUGE development potential for step by step video guides, homeowner showcase, forum, power tool guide ...etc....etc
...imagine all those big name sponsors for paints, windows, flooring, tools ...and on a on.
Fantastic name if you have a bit of money behind you to hire decent developers.
The UK DIY market was worth more than £23bn last year (most people are probably no better at it than Frank Spencer was !)
5k is a steal when you have 2 people in it and last time didnt you guys bid it up over 9k...
auction must have ended at an time or people were outside drinking beer or even working, lol
congrats again!
cheers,
j
__________________
forexexchange.tv is now on sedo auction https://sedo.com/auction/auction_detail.php?tracked=&partnerid=&language=us&auction_id=40346
the forex investor domainer in .tv
wow, I think that is really dirt cheap considering the possibilities, someone really got a great deal.
Congrats fellas!
