business.com $360,000.000?

[verbster]

Just saw this...

http://blog.domaintools.com/2007/07/business-dotcom-solf-for-360-million/

 

[WeBuyThe.Com]

It's true also in the journal
http://online.wsj.com/article/SB118541740110378568.html?mod=googlenews_wsj

One item worth noting "The Santa Monica, Calif., company has cash flow -- of about $15 million -- that will be but a minuscule portion of Donnelley's 2006 operating income of $442 million. Traditional publishers are nonetheless willing to pay top dollar for Web-based businesses, given their overall growth rate and the wider consumer shift to Internet habits."

 

[Element]

Well, if the buyer has that much money to buy a domain with then grats to him. Anyways, it was a great sale if you ask me.

 

[neroux]

Is it only the domain or the entire business behind it?

Anyhow, nice price .

 

[Business Blogger]

The whole thing

Is it only the domain or the entire business behind it?

Anyhow, nice price .

It's buisness.com and work.com as far as I know. This includes the company as a whole, not just the domain names.

 

[Fundraiser]

It is the sale of a business, not just a domain, but the sale will provide a lot of publicity for domains. However, the business of creating a web directory is not rocket science. Two or three other bidders dropped out above $300 million. Anyone want to save a hundred million or two building and promoting a new directory?

 

[Sameh]

no comment .. I'm just happy for domain business

 

[satsdifference.com]

no comment on the no comments =>

But, remember, domaining is a speculative sport in my opinion.. a domain name is worth "how much someone is willing to pay for it" or in terms of hotly held properties like dot mobis, or generic other extensions, I say "how much someone is willing to take to let go of it"..

before everyone gets heated up.. look at this recent article.. (I was fishing on Friday and saw on the cover of the Wall Street Journal 2 lines that business.com could fetch 300 million.. look here at Yahoo's )

http://news.yahoo.com/s/nm/20070622/wr_nm/businesscom_sale_dc

Now, no one is complaining about that? This speculation publicity actually raises the value of all domaining real estate.. could one great domain fetch 400 million today? Who knows? ..and I think .mobi speculation is no different in that it raises domaining as a whole..

-Source It's ok to speculate (Dot Mobi and All Domaining)



`hachoo

 

[godolphin]

Well i think all generic .com domains can expect an increase in their valuations with these kinds of sales.

Hopefully our domains too

 

[lzy]

Fundraiser! Love your sig. :D

The name alone isn't worth that much, the directory is probably one of the factor.

 

[Keynes]

the business of creating a web directory is not rocket science.

They actually have their own custom PPC engine, and it is a solid 2nd tier search engine in its own right.

 

[DN]

Business.com Sold for $360,000,000

According to DomainTools

Business.com Sold for $360,000,000
http://blog.domaintools.com/2007/07/business-dotcom-solf-for-360-million/

 

[Mark]

Threads merged Folks - Please use the search box before opening new threads , Thx ~

 

[Markith]

I think it was a great buy!

wish I had $

 

[AussieDomainer]

Certaintly is a huge sale and I think it's quite fair for both buyer & seller really. I think the seller got a great price for the domain & business but if the new owner's have a good plan of how to build the site it could well be worth every penny, especially in today's booming internet market.

 

[italiandragon]

and I can`t sell a name for 10K

I want to cry

 

[Spade]

I think good news in general for a strong internet market. The more domains and even online businesses continue to sell, the stronger the market will become for both domains and online ventures.

 

[mirrorcube]

Revenues were estimated at 15 mil with 24 year multiple plus it had the inherit value of business.com and work.com. Id say it was a good transaction for both sides considering the buyer deals in the directory business.

 

[BrainPower]

Did i read that right, it went for a 24 year multiple?!?!?

 

[WolfMother]

Who wants www.bus-iness.com?

:yell: