sales Pivotalventures.com - SOLD For $99,995 USD

That's an absurd sale price in comparison to the quality and format of the domain.

I would love to know the story behind that.

Before that the highest reported "pivotal" sale was $1988. The highest "ventures" ending was $18K.

A sale like that is probably about as likely as winning the lottery.

Brad

The seller seems to be fairly active answering questions on Twitter might be worth reaching out to him there to discuss in more detail.

bmugford said:

I would love to know the story behind that.

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upgrade/brand protection from org to com (crunch)

.org is owned by the Melinda Gates. Domain is already forwarding to the .org

Buyer is "Pivotal Ventures A Melinda French Gates Company" (Bill Gates Ex-wife) and the domain redirects to the .org they used

EDIT as I wrote this others did too, mod can delete

silentg said:

.org is owned by the Melinda Gates. Domain is already forwarding to the .org

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A lot of stars sure had to align for that massive outlier to happen. Congrats to the seller, but that type of sale is clearly not repeatable.

Brad

bmugford said:

That's an absurd sale price in comparison to the quality and format of the domain.

I would love to know the story behind that.

Before that the highest reported "pivotal" sale was $1988. The highest "ventures" ending was $18K.

A sale like that is probably about as likely as winning the lottery.

Brad

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The dot com was regged since 2001 & the .org company owned by Melinda started operating in 2015..

I saw that the company recently hired a new chief legal officer a week before this sale, so seems it was most likely her idea to purchase this..

bmugford said:

A lot of stars sure had to align for that massive outlier to happen. Congrats to the seller, but that type of sale is clearly not repeatable.

Brad

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bmugford said:

A lot of stars sure had to align for that massive outlier to happen. Congrats to the seller, but that type of sale is clearly not repeatable.

Brad

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How could it be repeatable if nobody asks that price?

Imagine if everyone in the designer handbag business was convinced that nobody in their right might would pay over 1,000 dollars for a handbag?

A big part why there aren't many domainer millionaires because we care about prior sales too much. You can't get 99k for a name if you ask for 5k, buyers usually don't insist that you take more money from them (unless it's an escrow scam).

We shouldn't care about prior sales because most buyers don't even know to check prior sales. They need the name, they like the name, you set the price and the market will decide.

Fear is the reason so many domainers barely break even.

Imagine if CyberSecurityJobs dot com went by prior sales, would he get 205k? Would TradeZero get 500k BankFirst 800k TechnologyHoldings.com 150k LawyersNearMe.com 140k these are some of the reported sales this year.

When people wonder how some of those xyz's go for 5-6 figures, we should remember that they would go for 2-3 figures if the pricing was left up to the average domainers brain.

Globally startups are raising billions of dollars every week, a lot of people have a lot of money, a lot of companies are about to invest millions in developments, tens of millions in marketing, do you guys think a domain they like for 500k will kill the deal? They will go with the .garbage?

Everyone should go to their AN/DAN now and look at the good names you have and start pricing it real high, so high that domainers will laugh. End users are not domainers.

Excellent sale, because the right buyer came along.
Seller mentioned having held PivotalVentures(.)com for 14 months.

Pivotal Ventures VC has been around since 2015.

So, Seller was in the right place at the right time, and repriced at the right time from $16K to $100K. Smart, real smart.

The right dot-Com domains put you at the center of many current events and new tech.

AEProgram said:

How could it be repeatable if nobody asks that price?

Imagine if everyone in the designer handbag business was convinced that nobody in their right might would pay over 1,000 dollars for a handbag?

A big part why there aren't many domainer millionaires because we care about prior sales too much. You can't get 99k for a name if you ask for 5k, buyers usually don't insist that you take more money from them (unless it's an escrow scam).

We shouldn't care about prior sales because most buyers don't even know to check prior sales. They need the name, they like the name, you set the price and the market will decide.

Fear is the reason so many domainers barely break even.

Imagine if CyberSecurityJobs dot com went by prior sales, would he get 205k? Would TradeZero get 500k BankFirst 800k TechnologyHoldings.com 150k LawyersNearMe.com 140k these are some of the reported sales this year.

When people wonder how some of those xyz's go for 5-6 figures, we should remember that they would go for 2-3 figures if the pricing was left up to the average domainers brain.

Globally startups are raising billions of dollars every week, a lot of people have a lot of money, a lot of companies are about to invest millions in developments, tens of millions in marketing, do you guys think a domain they like for 500k will kill the deal? They will go with the .garbage?

Everyone should go to their AN/DAN now and look at the good names you have and start pricing it real high, so high that domainers will laugh. End users are not domainers.

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No one is going to ask the price, because the odds are so remote.

If you are asking these prices for this quality of domain, your odds of making a sale are basically 0%.
Sure, one time where one of the richest people on Earth decided to pull the trigger it worked out.

There are 170 million .COM, trying to price domains based on a handful of outlier sales is not a business model. You have to turn down way too many great offers to make (1) absurd one.

Brad

J.R. said:

Excellent sale, because the right buyer came along.
Seller mentioned having held PivotalVentures(.)com for 14 months.

Pivotal Ventures VC has been around since 2015.

So, Seller was in the right place at the right time, and repriced at the right time from $16K to $100K. Smart, real smart.

The right dot-Com domains put you at the center of many current events and new tech.

Click to expand...

Regardless of merits, I think in a normal situation this domain could have ended up in a UDRP dispute.

I am glad they decided to pull the trigger instead of going down that path.

Brad

I read on Twitter what the seller wrote about the earlier pricing, unsuccessfully.

Do we know if this was a BIN at that price or negotiated? Seller thanks Afternic, but does not comment on if negotiation on Twitter.

Congrats to the seller and buyer. A life-changing sale for many.

Bob

bmugford said:

Regardless of merits, I think in a normal situation this domain could have ended up in a UDRP dispute.

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GD logo & Name have discouraged many

Regards

Interesting that according to dotDB exact PivotalVentures only registered in 7 TLDs, while part of a longer name in 9 more.

bmugford said:

Regardless of merits, I think in a normal situation this domain could have ended up in a UDRP dispute.

I am glad they decided to pull the trigger instead of going down that path.

Brad

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I don't think it would have been a winnable UDRP, but any domain can be UDRP'd simply because a end user wants it. Pivotal Ventures didn't gain a registered trademark until 2019.

Registrant had PivotalVentures.com on BIN, non-PPC lander, and domain has existed since 2001 preceding PV TM rights.

On what grounds would a UDRP have been justified and winnable?

A good lawyer would have no issues protecting the registrant in this case.

Robbie said:

just missing out on a six-figure sale by only $5 Bucks

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Great sale. I think we can give credit and call this a 6 figure sale.

Thanks for the info

J.R. said:

I don't think it would have been a winnable UDRP, but any domain can be UDRP'd simply because a end user wants it. Pivotal Ventures didn't gain a registered trademark until 2019.

Registrant had PivotalVentures.com on BIN, non-PPC lander, and domain has existed since 2001 preceding PV TM rights.

On what grounds would a UDRP have been justified and winnable?

A good lawyer would have no issues protecting the registrant in this case.

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Again, I am not a panelist and don't know the full story. I am just saying when you see factors like this it often ends in a UDRP dispute.

When it come to panelists many have largely determined that when a domain changes hands, for instance with an expired auction, that date can be considered reset.

2015 and 2019 both predate 2021.

It is also not like "Pivotal Ventures" has a big pool of end users, outside the one obvious one.

There are also defenses for that, but when you have a $1,500 dispute vs a $100K BIN it almost always ends with the first option in this type of situation.

Brad

bmugford said:

Again, I am not a panelist and don't know the full story. I am just saying when you see factors like this it often ends in a UDRP dispute.

When it come to panelists many have largely determined that when a domain changes hands, for instance with an expired auction, that date can be considered reset.

2015 and 2019 both predate 2021.

It is also not like "Pivotal Ventures" has a big pool of end users, outside the one obvious one.

There are also defenses for that, but when you have a $1,500 dispute vs a $100K BIN it almost always ends with the first option in this type of situation.

Brad

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You make good points.

Definitely there is no guarantee when it comes to panelists.

Based on the facts I've seen, before a 3 Panelist panel with legal representation, I'd bet the registrant was on strong ground.

Whatever the case, he walked away with $100K on a $730 purchase after 14 months holding, fantastic.

I read this today on Twitter.

That sale is absurd. Regardless, congrats to parties involved

very good

I'm sure the original owner said No many times before landing on that sales price.

enterscope said:

I'm sure the original owner said No many times before landing on that sales price.

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It was sold at BIN