IT.COM

sales Cars.com is the largest domain sale in history

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The views expressed on this page by users and staff are their own, not those of NamePros.
I wonder how many billion the domains Amazon.com and Google.com are worth then to their respective companies.
 
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I wonder how many billion the domains Amazon.com and Google.com are worth then to their respective companies.
Exactly. This report is a joke...

This has nothing to do with a standalone domain. It's the company behind the domain that has real value.
 
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Exactly. This report is a joke...

This has nothing to do with a standalone domain. It's the company behind the domain that has real value.

Agreed. If it's a long established online company, then they are totally dependant on their domain as it's effectively their brand.

I don't see how you can value the domain separately from the company as they are dependant on each other.

If someone theoretically bought Google.com off Google for $50 billion, Google wouldn't really be Google anymore. But if Google hadn't spent years building up the company and search engine, Google.com would probably only be worth a few hundred dollars now.
 
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business.com was a big sale, but it was not a pure domain sale either.
 
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business.com was a big sale, but it was not a pure domain sale either.
Initially it was a pure sale. I think in the neighborhood of $7.5 million plus equity. That seller bought a few domains from me...
 
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What's the next step for the previous owner/s ?! I Can't imagine Google or Amazon selling their businesses for any amount of money!
 
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I'm probably one of the biggest car nuts out there and visit numerous car sites daily. This is a lot of bullcrap and the business is grossly overvalued. I think in all the years I visited cars.com once and it did not manage to keep my attention. I much prefer sites like http://www.leftlanenews.com ....now there is a good website.

A lot of hype there.... just like snapchat and all the other similar overvalued bullcrap, their day of reckoning is coming. Show me a profit statement and I'll believe it. Big companies with no assets.... gee... I'll believe everything they say and jump at the chance to invest in their company.

Where is the head slap emoticon when I need it!!!!!
 
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DomainGang says:
May 19, 2017 at 5:44 pm
It’s not an “opinion” if it’s reported as an asset with a valuation price, calculated by an acceptable method and formula. Whether that same domain would sell “as is” for e.g. $10 million, is irrelevant; the fact is that it did sell, and the domain portion of the $2.5 billion acquisition is valued at $872 million.
 
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DomainGang says:
May 19, 2017 at 5:44 pm
It’s not an “opinion” if it’s reported as an asset with a valuation price, calculated by an acceptable method and formula. Whether that same domain would sell “as is” for e.g. $10 million, is irrelevant; the fact is that it did sell, and the domain portion of the $2.5 billion acquisition is valued at $872 million.

Domaingang is also a satire site, so i always have them on my block list, and usually never visit them.

What is actually funny is reporting by g kirkos and rick confirmation. Domain gang is dumb at reporting anyway, no one cares about DG.
 
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Now waiting for someone to post - "I have CarsABCDEFGHIJKLMNOPQRSTUVWYZ12345678910.com. I hope I get $2M for it":xf.laugh::ROFL:
(y) Best of Luck. i pray for you.hehehhehehhehehehehehe...:xf.grin::ROFL::xf.laugh:
 
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Or a newbie can register.... www.IOwnCars.com

Technically he could brag that he owns the most expensive domain in the world :xf.laugh::xf.laugh:

Hmmm, where have I heard that before? :ROFL::ROFL:
 
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ca.rs now worth 1M - pls buy on sedo
 
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If anyone doubted the $872 million valuation of the Cars.com domain name, see first paragraph of page 80
So they are valuing the domain name at 34% worth of the total acquisition. This is an internal valuation, it's the same as Kingof.Top saying he has a billion dollar domain. Come on, the title of this thread is ridiculous and I am disappointed the OP has decided for an attention grab rather than the facts. Not an actual domain sale.
 
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No you'll see how some genius says - If Cars.com was sold for $872,320,000, my carrrs or caars or any of those crazy combinations worth 1M..mom I'm rich!!
 
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Or a newbie can register.... www.IOwnCars.com

Technically he could brag that he owns the most expensive domain in the world :xf.laugh::xf.laugh:

Hmmm, where have I heard that before? :ROFL::ROFL:
I'm waiting for @KINGOF.TOP to say he owns carscarscarscarscarscarscarscarscarscarscarscarscarscarscarscars.cars
 
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I'm waiting for @KINGOF.TOP to say he owns carscarscarscarscarscarscarscarscarscarscarscarscarscarscarscars.cars

lol. it will not happen. it is $xxxx renewals even kingof.top does not pay that much premium for his premium domains. Frank Schilling is a domainer. you won't get anything for free from him.

he could buy carscomcarscomcarscomcarscomcarscom.....com the most expensive cars.com in the world ;)
 
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What's the next step for the previous owner/s ?! I Can't imagine Google or Amazon selling their businesses for any amount of money!

what do you mean with next step? you mean they want to acquire another biz?
 
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Carscarscars....com îs the carest domain with a value of $1,000,000,000
 
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Casino.com sold for $5.5M is still very far to compare to Cars.com
 
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It's a book value. In theory it sold for $872 million. Would the purchaser of the cars.com business buy only the cars.com domain for that much? I highly doubt it.
 
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I have got half of that name lol

Goodlittlecars.com lol
 
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The Cars.com business was sold for 2.5 Billion dollars and the SEC filing by the company state that the domain name as an intangible asset was worth 34% to the company. So even though it's not an outright sale of the domain, the buying company agreed to the selling company's evaluation and did pay the asking price.
Now would this domain sell without the business for close to a BILLION dollars, I and many people highly doubt it. But since it was part of a business sale, I suppose they were free to put any price they liked on it within the accepted accounting guidelines. It could be for tax purposes, for making a buzz, or whatever reason. But they indeed evaluated it and sold it at 872M.
This is not true

It said 34% of parent was cars.com ASSET not DOMAIN.

Asset included domain, company, business cash flows, clients, connections, staff etc.
 
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I'm not sure where you're pulling your information from but clearly, you have not read the SEC filing by Cars.com Inc. and what you said above makes no sense.

Here is a link to it:
https://www.sec.gov/Archives/edgar/data/1683606/000119312517167603/d553683ds1.htm

Well, you might have read it, but clearly misunderstood it.

I followed the link and am quoting what it says exactly. Pay attention that it mentions "Cars.com trade name", not "Cars.com domain".

Those are COMPLETELY different. Value of the trade name includes its reputation, loyal base, registered users etc.

The way 34% was calculated was (at least, in accordance with normal accounting process) the sale price minus book value of all assets the difference being attributed to the value of the brand. Brand here being "Cars.com" only because they chose to be called "Cars.com" and not "Cars" or something else. Apple chose to be called Apple and not "Apple.com" and if they would be sold like that the text would read "we have an intangible asset ... associated with Apple trade name".

In connection with our acquisition by Parent, we have an intangible asset with an indefinite life associated with the Cars.com trade name. This asset represented 34% of our total assets at December 31, 2016. The indefinite lived intangible asset is tested annually, or more often if circumstances dictate, for impairment and is written down to fair value as required. The estimate of fair value is determined using the “relief from royalty” methodology, which is a variation of the income approach. The discount rate assumption is based on an assessment of the risk inherent in the projected future cash flows generated by the trade name intangible asset. The results of our 2016 annual impairment test of the indefinite lived intangible asset indicated the fair value exceeded its carrying value by more than 10%, and therefore, no impairment existed. Although the trade name asset is not currently impaired, changes in future market rates or decreases in future cash flows and growth rates could result in an impairment charge in a future period.
 
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Well, you might have read it, but clearly misunderstood it.

I followed the link and am quoting what it says exactly. Pay attention that it mentions "Cars.com trade name", not "Cars.com domain".

Those are COMPLETELY different. Value of the trade name includes its reputation, loyal base, registered users etc.

The way 34% was calculated was (at least, in accordance with normal accounting process) the sale price minus book value of all assets the difference being attributed to the value of the brand. Brand here being "Cars.com" only because they chose to be called "Cars.com" and not "Cars" or something else. Apple chose to be called Apple and not "Apple.com" and if they would be sold like that the text would read "we have an intangible asset ... associated with Apple trade name".

I'm sure that you know that anyone who cared enough to read it would understand that the domain was being used as the trade name of the company. That's why I said in my original comment that
Now would this domain sell without the business for close to a BILLION dollars, I and many people highly doubt it. But since it was part of a business sale, I suppose they were free to put any price they liked on it within the accepted accounting guidelines.
Meaning taking into account the goodwill they built around it. so that was precisely my point because this was not merely a domain name but also a trade name. So, again I fail to understand the basis of your disagreement with my original comment.
 
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