Is this what we are being asked to believe: that
someone tricked Ari Goldberger about the value of an extension that has been the talk of the market for over a year?
If this theory came from a clueless journalist, I would laugh my head off.
But since it comes from someone who must know very well who Ari Goldberger is, my reaction can be described as deep astonishment - among other things.
Whether or not you care to read this article from USA Today about Ari and his business partners, do feel free to share your own estimate of the plausibility of this theory:
http://www.usatoday.com/tech/techinvestor/industry/2007-07-21-domain-name-dealing_N.htm
These are just a couple of excerpts to give you an idea of how easy this guy must be to trick into buying a domain:
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"...
Goldberger's entry into the business was unorthodox to say the least. In 1996, the Hearst Corp. sued him, alleging trademark infringement after Goldberger registered esqwire.com, which resembles one of the company's magazines.
The two sides eventually settled and Goldberger, a lawyer, was allowed to keep the name. Word got out that Goldberger knew something about the thorny legal issues involving Internet domain names and people began approaching him for advice.
Goldberger's fascination with the burgeoning industry was sealed.
"I was an entrepreneur strapped into this suit-and-tie job," Goldberger said. "Kind of a square peg in a round whole and this lawsuit just kind of changed everything for me."
He eventually left the respected Philadelphia law firm where he worked in 1997 and joined a small start-up in Manhattan called mail.com, which was buying up domain names.
Goldberger began collaborating with Fischer in 2001, building their portfolio of domain names. Together, they became a formidable yet quirky team (imagine George Costanza and Jerry Seinfeld with the pioneering spirit of Lewis and Clark).
Two years later, they created a company called smartname.com, which they sold earlier this year...
....
They don't bother with dot-nets or the others.
"Dot-com is king," Goldberger said. "Dot-net is worthless."
..."
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If you are left wondering whether this is the same Ari that Jay is talking about, that would be understandable - and not just because Jay appears to have misspelled Ari's surname in his post: IMHO it's Goldberger, not Goldberg.
So is Jay talking about the same Ari - yes he is: have a look at comment number one on Jay's blog and Jay's response - he appears to be inferring that Ari bought the name on behalf of his business partner Eli (who is also mentioned in the USA Today article above).
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"DomainNameNews_com Says:
November 10th, 2007 at 6:17 pm
Why should Ari be pissed? My understanding after interviewing Ari and Larry is they were bidding on behalf of someone else. You need to be careful about reporting that someone bought something. For example, I bid on behalf of several people at the auction on several occasions.
UPDATE BY JAY: Ari had to be influenced by everything he was seeing. Certainly the guy he was buying for might have been influenced as well. I think both Ari and Eli should be upset. It is a fact that Ari had the winning paddle. Why would I need to be careful about reporting that. Who Ari bid for really doesn’t matter."
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Hmmmmm.....
This is quite sad.
If steps are not taken quickly to clarify things, domaining as a whole stands to lose.
Either Jay is going to lose a good deal of credibility (which would be bad, because at least IMHO his auction platform can revolutionize the sales side of the business and make the owners of quality domains much better off) or something is rotten at Moniker, which has been so instrumental in shaping the entire domain industry for so many years. I can't believe the latter, and I don't want to see the former. So I'm really hoping it's an unfortunate misunderstanding that will be corrected very soon.
Whatever the outcome, this story cannot possibly stop .mobi - but it may actually help make it even stronger.
.mobi is not on Jay's list of implied suspects. I'm not sure exactly why the headline of Jay's post starts with the word mobi instead of Moniker. This wasn't even a mobi auction - those are held at sedo.com, comprising 300 prime domains (many of which are at least as valuable as - and some clearly more valuable than - poker.mobi):
http://www.namepros.com/dot-mobi/393711-sedo-3-100-more-mtld-premiums.html
Anyway - in the spirit of the smirnoff.mobi celebration going on in the other thread - let's hope this is all just a storm in a teacup - for the sake of those actually involved in it.