discuss Domain Name For Equity In A Company

[LaunchUp.com]

I have heard of a number of domain sales that included cash and equity in a company(mint.com, uber, candy .com etc..).
Has anyone on here every done this deal?

How do the legalities work? do you need a lawyer and special form for this?

Are there any domain service or platform that facilitate sales that include equity or shares in a company or start-up..

 

[todaygold]

I doubt too many on here have done this. You would need a very premium domain, you would need to be sure the company/start-up actually had potential (or you could lose everything) and it probably helps to be something you believe in. Most domainers simply want guaranteed money now...what you describe is risky and time-consuming. Personally, if I had a premium one-word .com, I would be looking to sell it for money, not hoping a start-up can actually be successful and getting a payoff years down the road.

As far as the legalities, I'm not a lawyer, but from my understanding it would just be a contract you have with the company. While you don't 'need' a lawyer to write or sign a contract, I certainly wouldn't hand over a million dollar domain without a lawyer or two double checking the contract.

As far as services, I'm not aware of any that do that, because it would be really difficult for a domain platform to handle. Not sure if it would be against the TOS, but on most platforms you can set it to 'Make Offer'...maybe you could do that and then offer the domain for equity depending on what price they offer.

 

[LaunchUp.com]

I doubt too many on here have done this. You would need a very premium domain, you would need to be sure the company/start-up actually had potential (or you could lose everything) and it probably helps to be something you believe in. Most domainers simply want guaranteed money now...what you describe is risky and time-consuming. Personally, if I had a premium one-word .com, I would be looking to sell it for money, not hoping a start-up can actually be successful and getting a payoff years down the road.

As far as the legalities, I'm not a lawyer, but from my understanding it would just be a contract you have with the company. While you don't 'need' a lawyer to write or sign a contract, I certainly wouldn't hand over a million dollar domain without a lawyer or two double checking the contract.

As far as services, I'm not aware of any that do that, because it would be really difficult for a domain platform to handle. Not sure if it would be against the TOS, but on most platforms you can set it to 'Make Offer'...maybe you could do that and then offer the domain for equity depending on what price they offer.

Thanks. I also found some very interesting points at this link: https://www.quora.com/What-are-typical-terms-when-exchanging-a-domain-for-equity-in-a-startup

I think at some point, I will have to face the prospect of this... I guess it's risky, but the terms of the contract can actually ease that though. I may have to check out some domain lawyers etc...