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sales Breaking: Jason Calacanis Sells 20.com for $1.75 Million

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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.
 
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The views expressed on this page by users and staff are their own, not those of NamePros.
wow..Great news...great sale..:xf.smile:
 
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He's not a domainer - he bought the name in 2006 for $75k and has cashed out for $1.75m. I'd say that is a pretty good ROI by anyone's standards.

The money is far more useful to him as capital that he can use as funding for companies.

1.7m invested in start ups now will produce a better ROI than waiting for a 5m offer later

Cash in the bank is the worst investment
 
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I think time is good for sale of domains like this one. Good sale. Congrats.:xf.wink:
 
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That would make a very nice retirement fund for most mere mortals.

I wonder if the average startup investment return is anywhere near 2,300%.
 
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Valid point but I think he was first fueled by greed

But.. but... he's an "angel investor" and those guys are just trying to help startups aren't they? ;)
 
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Amazing...I still remember when a domainer (now he prefers to be called 'domain investor') suggested I buy up some number/digit domains...I said "Why? That makes no sense...better to stick with words like 'socks' or the like".

If my legs were long enough, I would kick myself in the arse everyday for the rest of my life...as was said earlier...hindsight is 20/20.
 
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"Domains have and will continue to go up in value faster than any other commodity ever known to man” but along the way there will be highs and lows, as with everything in life.
 
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Didn't take long for the armchair domainers to step in and criticize this sale.

Before you criticize the "timing" or "price" of the sale, remember that you will likely never own a domain even close to the caliber of 20.com and also never even sniff a 7 figure sale of any kind.

Congrats Jason on your awesome investment!

Well, that doesn't mean people shouldn't have a opinion because they don't own 7-figure domain
 
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Investing eg $100k per start up in 17 new tech start ups may produce signicant returns because it only needs to buy 17 x 20% of each start invested in

One of those investments may just be the next Facebook or big G or snap chat or Deliveroo or Uber etc
 
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Could have sold for more...could have sold for less too!
He made 1.5 million profit on a domain name, that's pretty fantastic regardless of any theoretical potential to squeeze a drop more!

Nice sale.
 
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I will like to understand
What made the domain to sell for that amount?
Is it because it is a two word domain 20.com
Or it has last long for up to six years
Please someone explain to me. Thanks.
 
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I will like to understand
What made the domain to sell for that amount?
Is it because it is a two word domain 20.com
Or it has last long for up to six years
Please someone explain to me. Thanks.
Replace word with number and the answer is yes.
 
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Congratulations !! 🎊👏👏 Jason Great Investment Great Deal 🌹 Best wishes for you 💐💐
 
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congrats to him and to all of us, we all need strong sales to get the attention of domain buyers. I hope domains join the rest of the assets out there (crypto, stocks, real estate, watches, antiques..) and we start seeing a crazy spike in sales prices.

By the way twenty.com is for sale, it sold in 04 for 6600 (not my name)
 
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