Serial entrepreneur and angel investor Jason Calacanis has owned the domain name 20.com since 2006, after buying the domain name on Sedo for $75,000. Since then, Jason has received regular offers for the domain name that have steadily increased through the years. In 2011, offers were around the $400,000 mark and had quintupled by October 2015. In an article we wrote in December 2015, Jason revealed that he regularly received offers in the $2 million to $3 million range.
Thanks to the continued interest from China, the seven-figure offers have never stopped and today, Jason has completed the sale of 20.com for $1.75 million.
The story of this sale started on Jason’s Twitter account, where he told his 280,000 followers that he had received a cash offer of $1.75 million for 20.com, adding the comment: “going to take it I think.” Today, that deal closed and the amount has been confirmed to us in an email from Jason as being $1.75 million.
Although Jason has received higher offers in the past, he told his Twitter followers that the $1.75 million could be put to good use, saying he “feels like that capital would be better deployed in startups.” Aside from owning an incredibly valuable domain name, Jason Calacanis is a successful entrepreneur and investor, having created services such as his current project, Inside.com, which gives email subscribers curated news about an array of subjects, including security, Trump, and virtual reality.
The sale of 20.com for $1.75 million will rank as DNJournal’s second highest sale of the year behind the $1.82 million sale of 01.com, which was sold by VIP Brokerage earlier this year.
The buyer of 20.com is currently unknown since the domain name is under privacy protection at GoDaddy.
Congratulations to Jason (@Jason Calacanis) on the sale. We look forward to seeing which startups you invest in with the proceeds from the sale.
Thanks to the continued interest from China, the seven-figure offers have never stopped and today, Jason has completed the sale of 20.com for $1.75 million.
The story of this sale started on Jason’s Twitter account, where he told his 280,000 followers that he had received a cash offer of $1.75 million for 20.com, adding the comment: “going to take it I think.” Today, that deal closed and the amount has been confirmed to us in an email from Jason as being $1.75 million.
Although Jason has received higher offers in the past, he told his Twitter followers that the $1.75 million could be put to good use, saying he “feels like that capital would be better deployed in startups.” Aside from owning an incredibly valuable domain name, Jason Calacanis is a successful entrepreneur and investor, having created services such as his current project, Inside.com, which gives email subscribers curated news about an array of subjects, including security, Trump, and virtual reality.
The sale of 20.com for $1.75 million will rank as DNJournal’s second highest sale of the year behind the $1.82 million sale of 01.com, which was sold by VIP Brokerage earlier this year.
The buyer of 20.com is currently unknown since the domain name is under privacy protection at GoDaddy.
Congratulations to Jason (@Jason Calacanis) on the sale. We look forward to seeing which startups you invest in with the proceeds from the sale.
