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Domain levo.com has been closed for $28,500 on Dynadot Expired Auctions.
I really wanted to own this, but someone wanted even more
I really wanted to own this, but someone wanted even more
Domain levo.com has been closed for $28,500 on Dynadot Expired Auctions.
I really wanted to own this, but someone wanted even more
It's expired on 2020-12-25 while domain assign to winner on Day 40. So, the original owner still has a few more days to pay the late fee of $10 to renew it. I think the original owners may received tons of email in this case.
Maybe they are billionaires and $28k nothing to them
affording something is one thing.......knowing the value of it is completely different.....Yes, nice name. It seems Carlos Ghosn's daugther was among the previous owners. You would think she could afford to renew...
i’m curious if it exchanges hands and fully paid for.
@Dynadot what is your policy for auction non-payers?
Assuming have zero-tolerance, #2 highest, option buy?
Go with the Snapnames way of handling non-payers.
I’m assuming OP is #2 lol.
you don't get to be a millionaire/billionaire by flushing 28k + down the toilet at every opportunity you get.....Maybe they are billionaires and $28k nothing to them
You would think she could afford to renew...
Dynadot expired auctions are a joke... in my experience 30-50% of them are cancelled after you pay (and then your funds are stuck there as credits). At GoDaddy maybe 1-2% of expired auctions get cancelled after I pay, which is far more reasonable. I’m convinced people let their 4L .com and 3L .net .org .co .io expire to see what they’re worth, then they renew shortly after the auction LOL. I’ve basically stopped bidding there as a result, Dynadot must not have adequate fees for late renewals / recovery to discourage such behavior.
While I agree with you 100% this is how it should be, insert 4 and 5 figure sums and a huge business that affects employment and taxes etc in a large way and "reasonable outcome" is thrown out of the window.Lawsuit in this place won't do anything, it was their misake which only they can correct by making an offer to the next owner. Although, next owner should be cautious on how to market it, or develop iz.
According to wikipedia, It seems that the domain really belong to Carlos Ghosn's daugther,
https://en.wikipedia.org/wiki/Caroline_Ghosn
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Ghosn currently serves as the CEO and Chairman of Levo's Board of Directors. Levo has an audience of over 9 million members globally, and 30 local Levo chapters around the world.[9] The company has raised more than $9 million in angel investment with prominent investors including Gina Bianchini, Fran Hauser, Susan Lyne, and Lubna Olayan.[10] Facebook COO, Sheryl Sandberg, is also an investor in Levo and a personal mentor to Ghosn.[11]
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I think she may receive warm reminds and ton of domain buying requests from different people. Many people will take the chance to build a relationship / buy the domain from her.