sales Mike Mann sells LightRock.com for $94,888

[equity78]

Mike Mann tweeted he sold LightRock.com for $94,888

https://twitter.com/x/status/1318588051124269057

 

[Alessandro Couteau]

Apparently lol

It would not matter who has sold this domain for $94,888 ... it is surprising nonetheless, wether it was a homeless man or Mike Mann

But I corrected myself and said you maybe right about the solar farm, but in this case you corrected yourself and said it was the owners of the .co

Nonetheless there is proof now, so we can say it’s a real sale, but @DomainBarracksRob you of all people should be aware of the false sales and rumors that come up in this industry

I was just reading about wines.com which used to be owned by an old lady from 1994 - 2018, and she’s suing the man who tricked her into selling the name for $50K and that man, Khuram Dhanani was supposed to develop the name and share 50% of the revenue made, but instead he sold that domain to Brent Oxley for supposedly $200K “what he told her” but in 2017 the name had an asking price of $1.2M on SEDO ...

shady stuff happens in this industry all the time, I don’t just trust someone because they have money and I would suggest that you don’t either

 

[DomainBarracksRob]

It would not matter who has sold this domain for $94,888 ... it is surprising nonetheless, wether it was a homeless man or Mike Mann

But I corrected myself and said you maybe right about the solar farm, but in this case you corrected yourself and said it was the owners of the .co

Nonetheless there is proof now, so we can say it’s a real sale, but @DomainBarracksRob you of all people should be aware of the false sales and rumors that come up in this industry

I was just reading about wines.com which used to be owned by an old lady from 1994 - 2018, and she’s suing the man who tricked her into selling the name for $50K and that man, Khuram Dhanani was supposed to develop the name and share 50% of the revenue made, but instead he sold that domain to Brent Oxley for supposedly $200K “what he told her” but in 2017 the name had an asking price of $1.2M on SEDO ...

shady stuff happens in this industry all the time, I don’t just trust someone because they have money and I would suggest that you don’t either

I understand what your saying and you’re make some points.

My point though l is this is not some “random” domainers saying they sold black blah blah for xx,xxxx

It’s Mike Mann doing it Publicly, on All public (Linkdedib Twitter FB )platforms. He’s not going to Risk his reputation and career by “ lying “ about some silly sales prices.......where even the Enduser can see his post and call him out. Just baffles me how unwitting many here are.

I know false sales get reported, im saying Mike does not make his up. That’s all.

Mike has a career name at stake...most people here reading this......do not.

 

[chenzen]

I understand what your saying and you’re make some points.

My point though l is this is not some “random” domainers saying they sold black blah blah for xx,xxxx

It’s Mike Mann doing it Publicly, on All public (Linkdedib Twitter FB )platforms. He’s not going to Risk his reputation and career by “ lying “ about some silly sales prices.......where even the Endsure can see his post and call him out. Just baffles me how unwitting many here are.

I know false sales get reported, im saying Mike does not make his up. That’s all.

Mike has a career name at stake...most people here reading this......do not.

I was trying to figure out why you are using "endures" in the previous comment. Now that you are using "Endsure" in this post, I realized you meant "End-user"!

 

[DomainBarracksRob]

I was trying to figure out why you are using "endures" in the previous comment. Now that you are using "Endsure" in this post, I realized you meant "End-user"!

Lol thank you I fixed it!

I’m not on my laptop and Im horrible with the iPhone finger typing, specially when I’m in a hurry and then don’t bother to proof read before I post.

 

[passini]

I would pay no more than $1k for boatsofrsale.com, and TRY to get 5K for it. If you told me that sold for %50k I would not believe it....but 400k...bizarre.

400k it is an incredible price we all agree. Anyway boats are very expensive, 5000 for a boat seller is nothing. We should start pricing domains for expensive stuff higher.

Many domainers don't think too much about the endusers. I made this mistake for 10+ years before realizing that it is very important to think who may be interested to buy the name.

Endusers are not domainers, they don't care if the domain is a little longer or if a similar name has sold for less in the past, they care how much that name can help them in their business.

BoatsForSale.com and
BikesForSale.com may look similar, for sure I would have priced them with a similar price years ago, in reality they are very different, IMHO.

 

[Kazzia]

400k it is an incredible price we all agree. Anyway boats are very expensive, 5000 for a boat seller is nothing. We should start pricing domains for expensive stuff higher.

Many domainers don't think too much about the endusers. I made this mistake for 10+ years before realizing that it is very important to think who may be interested to buy the name.

Endusers are not domainers, they don't care if the domain is a little longer or if a similar name has sold for less in the past, they care how much that name can help them in their business.

BoatsForSale.com and
BikesForSale.com may look similar, for sure I would have priced them with a similar price years ago, in reality they are very different, IMHO.

I hear you on the point of the end user and/or products. I also made that mistake when I started. VelcroWallets.com for instance (what a crap name). I am a boat captain and know this industry as good as anyone. You have established yacht brokers that do the high end stuff, and then Yachtworld is the Amazon of boat and yacht sales. I own many of these types of names - much better than boatsforsale.com and they just dont sell. Maybe I should move my prices up from high four figures to six figures and see what happens.

 

[James Iles]

SOLD TO THE .CO

Light /Rock / Holdings AG

(An Real Estate and Development Management Firm )

Just an FYI... the .CO owners were not the buyers. The buyer was Lightrock Holding AG of Liechtenstein (the .CO owners are situated in New York & New Jersey). More details: https://jamesnames.com/2020/10/94888-buyer-of-lightrock-com-revealed/

 

[DomainBarracksRob]

Just an FYI... the .CO owners were not the buyers. The buyer was Lightrock Holding AG of Liechtenstein (the .CO owners are situated in New York & New Jersey). More details: https://jamesnames.com/2020/10/94888-buyer-of-lightrock-com-revealed/

Thanks for clarifying I didn’t catch that when I first visited the site or Whois

So how is it we have 2 different companies with the exact same name ??

Which is why I attached it to .co when I visited

Both are called LightRock ...I just didn’t catch one was “ag” and other isn’t

Well like I said in very beginning of this post, this name is GREAT and there is more than several endusers that could use the upgrade.

a tone whom thought or still thinks it’s a bad name still hasn’t done their homework.

 

[niamodsnod]

Sometimes I'm thinking that he's not telling the truth. Maybe I'm wrong.

Stupid is loose on most of his domains. The people that pay those prices are pure fools and have no right to be on the Internet

 

[niamodsnod]

Trust me when I say I’ve been there and done that and I am well aware of value appreciation on certain investments

I can tell you I had the opportunity to represent all of Mike Manns portfolio once upon a time, I knew someone who was genuinely interested in his entire portfolio, but he would not sign a contract when I was a broker at that time ... he told me he wanted $100M and he was not willing to sign a simple contract

Now I have learned to take everything that is reported with a grain of salt, I however am also aware there are some sales that occur that do blow minds, I mean I sold sicily.properties one month ago for $1,200 - a name my partner and I registered in 2014 ... so I understand value appreciation very well,

I just do not view all the domain news as genuine, especially Mike Mann news, he is notorious for selling the most idiotic names for loads of money, a good example of this is the name, TruckCrashLaw.com which he apparently sold for $9000 ... I don’t know, just does not seem authentic to me

I have been domaining 16 years. I have HUNDREDS of names that would destroy half of his name sales. Stupid is loose on the Internet and the more people that see his high sales are the more people that equate it makes sense except OG's like me that know they are 5k names until we all die.

 

[chenzen]

It's interesting to see the domain still listed for sale.

 

[niamodsnod]

BoatsForSale is just “bragging rights” for OneMarine whom owns it now, in 2013 the name was sold by Frank Schilling for half that ... even still it’s one of the few triple keyword domains that can hold a six figure valuation and sell for six figures

BettingTips is not surprising at all

Green Street is brandable for the marijuana industry, also not surprising ... I represented Blue.com 5 years ago and they could not even get a $100K offer - makes no sense, the Blue Man group passed, IBM even passed ...

FiveNine - interesting result

FactoryOutlet - two sub par keywords -

Here’s a funny one for you, why is Cats.com still for sale, look who owns Dogs.com ... Guess what, Petsmart passed ^

Steve Wynn, Smith & Wesson, and South West Airlines passed on SW.com actually Southwest offered $100K - did not move for a year and the name ended up selling for $600K in China

How is it that Mike Mann can sell sub par domains like LightRock.com for $100K yet seven figure domains and domains that actually make sense sit unsold or sell to the next investor, because an enduser does not understand domains or is too stubborn to make a fair offer ... I just don’t get it, and you can say I’m drinking hatorade but honestly, think about it ... when you look at dnj results, you gotta think to yourself and ask yourself, “are all of these authentic sales”

Keep this in mind: MM always posts what he paid and it usually is $7-250. Do the new buyers not see this continually happening? I personally believe these companies don't know what they are doing. And I damn sure mean that!

 

[Mkt Sales Leads]

I just do not view all the domain news as genuine, especially Mike Mann news, he is notorious for selling the most idiotic names for loads of money, a good example of this is the name, TruckCrashLaw.com which he apparently sold for $9000 ... I don’t know, just does not seem authentic to me

A business seemingly operates from TruckCrashLaw.com Maybe one day they'll upgrade to truckcrash.com / crashlaw.com / truck.com just goes to show names we think will never sell, sometimes do sell.

Also, Lightrock.com is an end user here, being in a similar space to another financial business with 'Rock' in its name - Black Rock.

 

[vindo]

Wow