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Caring.com domain name valued at $14.6 Million

Labeled as domains in Domain Industry News started by Crysis, Apr 4, 2018.

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7
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759

  1. Crysis

    Crysis Established Member

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    I was just investigating the Sec filings today :xf.wink:

    This is the first time I have done this, so I’m still discovering and learning. If something is incorrect, please bear with me. Also, if this news has been covered before, my apologies!

    It seems that Caring.com domain name was valued at $14.6 Million.

    In 2014, Bankrate acquired Caring, Inc. for approx. $54 Million

    Below is the snippet:

    "On May 1, 2014, we acquired Caring, Inc. for $53.7 million, net of cash acquired, and $4.3 million was placed in escrow to satisfy certain indemnification obligations of Caring’s shareholders. All escrow payments have been made. We recorded approximately $23.0 million in goodwill, which reflects the adjustments necessary to allocate the purchase price to the fair value of the assets acquired and the liabilities assumed. We expect goodwill will not be deductible for income tax purposes. Approximately $29.5 million was recorded as intangible assets with estimated weighted average useful lives of 9 years, consisting of an Internet domain name for $14.6 million, customer relationships for $9.9 million, and developed technologies for $5.0 million"

    https://www.sec.gov/Archives/edgar/data/1518222/000156276217000036/rate-20161231x10k.htm


    Your thoughts?
     
    Last edited: Apr 4, 2018
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  2. TrueDN

    TrueDN Active Member VIP

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  3. equity78

    equity78 Top Member TLDInvestors.com TheDomains Staff PRO Gold Account VIP ★★★★★★★★★★

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    Interesting, thanks for posting that.
     
  4. forge

    forge next in line VIP

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    That's pretty high, by how much I'm not going to try and determine.

    However, my own two-word alliterative .com Caringxxxxxxx domain (16+ y.o.) just went way up in value! :xf.wink:
     
    Last edited: Apr 5, 2018
  5. mdent

    mdent Upgraded Member Gold Account VIP

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    Kind of an optimistic evaluation :xf.rolleyes:
     
  6. GeorgeK

    GeorgeK Leap.com PRO VIP ★★★★★★★★★★

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  7. vickyhunter

    vickyhunter Domain Spider Gold Account

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    Wow! Anyways, I’m selling my Caring.ly for only $25k. :)
     
  8. drakeholm

    drakeholm Established Member

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    I think I got a Caring.com newsletter for a while.
     

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