Name.com

Cars.com is the largest domain sale in history

Discussion in 'Domain Industry News' started by lennco, May 19, 2017 at 10:51 AM.

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  1. EmotiveDomains

    EmotiveDomains Established Member

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    I wonder how many billion the domains Amazon.com and Google.com are worth then to their respective companies.
     
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  2. Keith

    Keith Top Member VIP ★★★★★★★★★★

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    Exactly. This report is a joke...

    This has nothing to do with a standalone domain. It's the company behind the domain that has real value.
     
    Last edited: May 19, 2017 at 6:52 PM
  3. EmotiveDomains

    EmotiveDomains Established Member

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    Agreed. If it's a long established online company, then they are totally dependant on their domain as it's effectively their brand.

    I don't see how you can value the domain separately from the company as they are dependant on each other.

    If someone theoretically bought Google.com off Google for $50 billion, Google wouldn't really be Google anymore. But if Google hadn't spent years building up the company and search engine, Google.com would probably only be worth a few hundred dollars now.
     
  4. Kate

    Kate Thinking inside the Box™ VIP ★★★★★★★★★★

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    business.com was a big sale, but it was not a pure domain sale either.
     
  5. Keith

    Keith Top Member VIP ★★★★★★★★★★

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    Initially it was a pure sale. I think in the neighborhood of $7.5 million plus equity. That seller bought a few domains from me...
     
  6. Emmy101

    Emmy101 Established Member

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    What's the next step for the previous owner/s ?! I Can't imagine Google or Amazon selling their businesses for any amount of money!
     
  7. MapleDots

    MapleDots Established Member

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    I'm probably one of the biggest car nuts out there and visit numerous car sites daily. This is a lot of bullcrap and the business is grossly overvalued. I think in all the years I visited cars.com once and it did not manage to keep my attention. I much prefer sites like http://www.leftlanenews.com ....now there is a good website.

    A lot of hype there.... just like snapchat and all the other similar overvalued bullcrap, their day of reckoning is coming. Show me a profit statement and I'll believe it. Big companies with no assets.... gee... I'll believe everything they say and jump at the chance to invest in their company.

    Where is the head slap emoticon when I need it!!!!!
     
  8. Addison

    Addison Established Member

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    DomainGang says:
    May 19, 2017 at 5:44 pm
     
  9. Domainscoop.com

    Domainscoop.com Established Member

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    Domaingang is also a satire site, so i always have them on my block list, and usually never visit them.

    What is actually funny is reporting by g kirkos and rick confirmation. Domain gang is dumb at reporting anyway, no one cares about DG.
     
  10. AIS01

    AIS01 Business Member Business Account VIP

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    (y) Best of Luck. i pray for you.hehehhehehhehehehehehe...:xf.grin::ROFL::xf.laugh:
     
  11. MapleDots

    MapleDots Established Member

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    Or a newbie can register.... www.IOwnCars.com

    Technically he could brag that he owns the most expensive domain in the world :xf.laugh::xf.laugh:

    Hmmm, where have I heard that before? :ROFL::ROFL:
     
  12. dordomai

    dordomai Active Member VIP

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    ca.rs now worth 1M - pls buy on sedo
     
  13. HotKey

    HotKey Established Member

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    So they are valuing the domain name at 34% worth of the total acquisition. This is an internal valuation, it's the same as Kingof.Top saying he has a billion dollar domain. Come on, the title of this thread is ridiculous and I am disappointed the OP has decided for an attention grab rather than the facts. Not an actual domain sale.
     
  14. gipson

    gipson Active Member VIP

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    No you'll see how some genius says - If Cars.com was sold for $872,320,000, my carrrs or caars or any of those crazy combinations worth 1M..mom I'm rich!!
     
  15. Casey L.

    Casey L. Active Member VIP

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    I'm waiting for @KINGOF.TOP to say he owns carscarscarscarscarscarscarscarscarscarscarscarscarscarscarscars.cars
     
  16. dordomai

    dordomai Active Member VIP

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    lol. it will not happen. it is $xxxx renewals even kingof.top does not pay that much premium for his premium domains. Frank Schilling is a domainer. you won't get anything for free from him.

    he could buy carscomcarscomcarscomcarscomcarscom.....com the most expensive cars.com in the world ;)
     
    Last edited: May 20, 2017 at 10:17 AM
  17. dordomai

    dordomai Active Member VIP

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    what do you mean with next step? you mean they want to acquire another biz?
     
  18. -EM-

    -EM- Top Member VIP ★★★★★★★★★★

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    Carscarscars....com îs the carest domain with a value of $1,000,000,000
     
  19. Sinh

    Sinh Business Member Business Account VIP

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    Casino.com sold for $5.5M is still very far to compare to Cars.com
     
  20. taheny

    taheny Established Member ★★★★★★★★★★

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    It's a book value. In theory it sold for $872 million. Would the purchaser of the cars.com business buy only the cars.com domain for that much? I highly doubt it.
     
  21. platey

    platey Active Member VIP

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    I have got half of that name lol

    Goodlittlecars.com lol
     
  22. Recons.Com

    Recons.Com Business Member Business Account VIP

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    This is not true

    It said 34% of parent was cars.com ASSET not DOMAIN.

    Asset included domain, company, business cash flows, clients, connections, staff etc.
     
  23. JoeE

    JoeE Active Member VIP

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    I'm not sure where you're pulling your information from but clearly, you have not read the SEC filing by Cars.com Inc. and what you said above makes no sense.

    Here is a link to it:
    https://www.sec.gov/Archives/edgar/data/1683606/000119312517167603/d553683ds1.htm
     
  24. Recons.Com

    Recons.Com Business Member Business Account VIP

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    Well, you might have read it, but clearly misunderstood it.

    I followed the link and am quoting what it says exactly. Pay attention that it mentions "Cars.com trade name", not "Cars.com domain".

    Those are COMPLETELY different. Value of the trade name includes its reputation, loyal base, registered users etc.

    The way 34% was calculated was (at least, in accordance with normal accounting process) the sale price minus book value of all assets the difference being attributed to the value of the brand. Brand here being "Cars.com" only because they chose to be called "Cars.com" and not "Cars" or something else. Apple chose to be called Apple and not "Apple.com" and if they would be sold like that the text would read "we have an intangible asset ... associated with Apple trade name".

     
  25. JoeE

    JoeE Active Member VIP

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    I'm sure that you know that anyone who cared enough to read it would understand that the domain was being used as the trade name of the company. That's why I said in my original comment that
    Meaning taking into account the goodwill they built around it. so that was precisely my point because this was not merely a domain name but also a trade name. So, again I fail to understand the basis of your disagreement with my original comment.
     

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