Alter.com is closing

[johnn]

Email from Alter.

Farewell



Hi there,

First and foremost, I would like to thank each and every one of you for using Alter to sell your domain names. We couldn't have come this far without your invaluable support.

Over the last couple years we've been on a mission to transform the domain industry. However, despite all our attempts we weren't able to find a sustainable business model. So it is with a heavy heart I write to you today to say farewell.

On April 2nd, all third-party domain listings will be removed from our marketplace. Seller accounts will remain active for the foreseeable future so those with a positive balance or pending installments can continue to cash out.

Lastly, we realize this decision wouldn't be fair to sellers who spent money to have professional logos designed on our platform. So we have refunded all relevant payments back to your account balance which can be cashed out at any time.

We truly wish you all the best in your future endeavors. It’s unfortunate that this wasn’t the outcome we wanted but we’re thankful to everyone that came with us on the journey.

Sincerely,
Deven Patel
Founder & CEO

 

[alcy]

wow If I had wife she'd prolly call this a ... quicky

 

[VadimK]

Yes, I just received the same. Sad. Although I only had one name with them, I really felt this guy Deven Patel was trying to create a nice, easy to use, affordable and customer-oriented marketplace.

Wish you all the best, Deven.

 

[sharfab]

I admire the company for standing by prior commitments and refunding the customer accounts.

 

[squad.domains]

i think , we should support him.

 

[DeniseDahmer]

Rip king

 

[Arch]

@Deven Patel Have you tried looking for a buyer for your project rather than closing down?

 

[squad.domains]

dont close it down @Deven Patel

 

[Reallybigidea.com]

I think Alter needs upgrades get a new logo, new design etc.. I would remove "business name generator" banner on the main page.

 

[squad.domains]

dont close the business , can even help you to take it to next level.

 

[Anees Ahmad]

So painful.

At the same time, I wonder what made them take such a hard decision.
Correct me if I am wrong, once the website is up, a business like this doesn't need much money or effort to run.

 

[LoveCatchyDomains]

Everyone, you are very uplifting. This is turning into a group effort to help keep this excellent site going!