advice I received an offer from a Billion dollar company for my LLLL.co

[Nomad91]

Hey Guys,

So I received an offer from a billion dollar public company for a 4 letter word .co domain I own (LLLL.co) The domain is the companies name.

They first offered me $2500 for the domain, I declined, and replied saying that my selling price is in the mid to high five figures range ($xx,xxx)

They then adjusted there offer to $10,000. (yesterday, I haven't replied back yet)


My question to you guys is am I being too greedy? What price would you sell a 4 letter word .co domain for? I feel like I should at least get mid five figures. What do you think?

for some context the .com is already in use by another company and they're not likely to sell, hence why I think they want the .co. instead.



I want to hear your thoughts. (Before I reply back to them)

 

[skshogun]

Hmmm, maybe provide some clues about the domain name.

Is it a dictionary word, pronouncable? If this buyer decides it's too high of a price for them would it be a good fit for any other end-users that can offer at least 10K?

 

[karmaco]

There is no way to know for sure without knowing the name and no don’t post it here.

Unless we are talking about a very popular 4 letter dictionary word I think your expectations are way high. Co etc usually goes for a fraction of the dot com.

Start by checking out the prices on the other extensions that are registered or if they are developed. Check for trademark.

I believe 10K is pretty damn good for a co.

 

[karmaco]

.

 

[YairDD]

Without knowing the name - I'm guessing it's not a very common real word, but just a company's name or initials. I would sell it for $10k.

 

[esa]

take the money

 

[PatrickV]

.co isn't .com, .com is King, anyway good luck.

 

[bmugford]

It depends on the domain and pool of buyers. Is it a generic term with many potential buyers or just some random brand?

Brad

 

[pinkdragon]

How many extensions are taken?

How many companies are on Linkedin, with the exact same name? How many of them are big companies?

 

[Andreas B.]

if its a billion dollar company, and you think they will (may) use your .co as main domain, 20k is much better than 10k

If you think they won't use your .co as domain - but solely for SEO / brand protection, then 10k - 15k is ok.

 

[kor]

A couple of recent sales :

eth.co 300k
leaf.co 89k
versus.co 75k
electra.co 50k
heyday.co 45k
novo.co 35k

 

[VadimK]

I agree with those who say ''take the money''. Most likely you'll be waiting forever for the next offer (remember, it's co and not a dictionary word).
As an option - counter at 15000, but if no reply for 4 days - agree on 10000.

 

[Nomad91]

Hmmm, maybe provide some clues about the domain name.

Is it a dictionary word, pronouncable? If this buyer decides it's too high of a price for them would it be a good fit for any other end-users that can offer at least 10K?

It is a dictionary word, pronounceable!

 

[Nomad91]

It depends on the domain and pool of buyers. Is it a generic term with many potential buyers or just some random brand?

Brad

It's a generic dictionary word! pronounceable

 

[Nomad91]

if its a billion dollar company, and you think they will (may) use your .co as main domain, 20k is much better than 10k

If you think they won't use your .co as domain - but solely for SEO / brand protection, then 10k - 15k is ok.

I think they would use it, as there current domain is not very good tbh

 

[bmugford]

It's a generic dictionary word! pronounceable

No one can really answer the question. The company could be willing to pay $10K or $50K or more.
Who knows. We don't have the full information.

If you ask like $15K or $20K you might get it. I doubt it would turn them off.
If you ask some absurd amount , they might just walk away.

Brad

 

[Nomad91]

No one can really answer the question. The company could be willing to pay $10K or $50K or more.
Who knows. We don't have the full information.

If you ask like $15K or $20K you might get it. I doubt it would turn them off.
If you ask some absurd amount , they might just walk away.

Brad

Thanks Brad! Always helpful

 

[Embrand]

I would also look into what other options they might have before I gave my counter-offer. Could they use a .net, .io, .xyz or another extension instead? Or a .com with "go" in front of it or "inc" at the end?

It is very difficult to say. Sometimes a small company is willing to spend a lot of money on a domain, but there is no guarantee that even a billion dollar company will be willing to do so.

 

[Nomad91]

I would also look into what other options they might have before I gave my counter-offer. Could they use a .net, .io, .xyz or another extension instead? Or a .com with "go" in front of it or "inc" at the end?

It is very difficult to say. Sometimes a small company is willing to spend a lot of money on a domain, but there is no guarantee that even a billion dollar company will be willing to do so.

Their current domain is exactly that, a .com with something in front of the name like "go" + name.

 

[biggie]

for some context the .com is already in use by another company and they're not likely to sell, hence why I think they want the .co. instead.

Hi

how do you know what company is making the offer?

also, how likely is the .com owner to litigate for your .co name?

did you acquire the .co prior to the inquiring company's date of usage?

and....don't bargain just to make a headline.

imo....

 

[AEProgram]

There are 6,451 public companies that are valued over a billion.

Of those, 171 have 4 letters as their company name.

Visa
TSMC
LVMH
ICBC
ASML
CATL
Nike
AT&T
HSBC
Dior
Sony
KDDI
Vale
RELX
Ford
Enel
Uber
CIBC
BASF
Sika
MSCI
Hoya
Dell
Zoom
Hess
MPLX
PSEG
eBay
SMIC
GoTo
KONE
E.ON
CRRC
KaÅ
ORIX
Aena
DiDi
Aeon
Snap
Snam
Okta
MFHC
Exor
IDEX
OBIC
NICE
Cboe
Etsy
FICO
Roku
Mowi
AMEC
Nexi
PUMA
Ally
Xero
IMCD
ASUS
GAIL
AGCO
Olin
Rohm
Flex
Trex
CACI
Coty
ZOZO
Unum
PLDT
ENKA
TOTO
Saia
Rumo
SoFi
HYBE
SAIC
ASGN
Sixt
Lyft
Olam
Onex
PCCW
ATCO
Acom
SPIE
Scor
Kuka
GATX
TTEC
SATS
Atul
Jamf
Aaon
Ambu
ESAB
Ozon
Jet2
Dana
Acer
EQRx
CBIZ
EVgo
Yelp
JOYY
DeNA
XPEL
FIGS
CDSL
SJVN
Cohu
ASOS
Fila
tuya
stem
Mixi
Atos
TDCX
PROS
TORM
Veru
IDFC
Gree
Domo
IonQ
Paya
Momo
Afya
CEVA
Huya
VEON
MMTC
Azul
BEML
Ebix
MBIA
CEWE
Viad
CEAT
VTEX
Gevo
Yext
AMMO
Seer
PORR
ON24
View
MOIL
Sify
Qiwi
AEye
Ooma
Cian
Sono
Doma
Gati
KORE
GEOX
LCNB
Quad
KLab
gumi
HEXO
Gaia
MICT
Mogo
Koss
Culp
iBio
The9
IMTE
Winc

Of those, 146 I would consider pronounceable (some barely)

Visa
ASML
CATL
Nike
Dior
Sony
KDDI
Vale
RELX
Ford
Enel
Uber
BASF
Sika
MSCI
Hoya
Dell
Zoom
Hess
eBay
SMIC
GoTo
KONE
ORIX
Aena
DiDi
Aeon
Snap
Snam
Okta
Exor
IDEX
OBIC
NICE
Cboe
Etsy
FICO
Roku
Mowi
AMEC
Nexi
PUMA
Ally
Xero
ASUS
GAIL
AGCO
Olin
Rohm
Flex
Trex
CACI
Coty
ZOZO
Unum
ENKA
TOTO
Saia
Rumo
SoFi
HYBE
SAIC
Sixt
Lyft
Olam
Onex
ATCO
Acom
SPIE
Scor
Kuka
GATX
TTEC
SATS
Atul
Aaon
Ambu
ESAB
Ozon
Jet2
Dana
Acer
CBIZ
EVgo
Yelp
JOYY
DeNA
XPEL
FIGS
Cohu
ASOS
Fila
tuya
stem
Mixi
Atos
PROS
TORM
Veru
Gree
Domo
IonQ
Paya
Momo
Afya
CEVA
Huya
VEON
Azul
Ebix
MBIA
CEWE
Viad
CEAT
VTEX
Gevo
Yext
AMMO
Seer
PORR
ON24
View
MOIL
Sify
Qiwi
AEye
Ooma
Cian
Sono
Doma
Gati
KORE
GEOX
Quad
KLab
gumi
HEXO
Gaia
MICT
Mogo
Koss
Culp
iBio
The9
IMTE
Winc

You are saying that the dotcom is in use by a company that won't sell, therefore, we could eliminate many names like Visa, Uber, Yelp, Gaia, Nike, Dior, Sony, Ebay, Snap, Winc, Culp, KDDI, Ford, Fila, Etsy, Qiwi, DeNa, Ozon, Mowi, Quad, Dell, Flex, Koss, Gati, Dana, Ally, Acer, Toto, Olam, etc that have the dotcom and we could eliminate others where the dotcom is not working or parked like IMTE, PORR I could narrow it down to under 10 like Mogo Sify etc. that is if you meant over a billion but even as I look through the list and use some good bots to help, something is off with the data you have given so far.

Edit, with the new info you gave, I have no contenders.

Edit 2: see my post later

 

[Nomad91]

Hi

how do you know what company is making the offer?

also, how likely is the .com owner to litigate for your .co name?

did you acquire the .co prior to the inquiring company's date of usage?

and....don't bargain just to make a headline.

imo....

how do you know what company is making the offer? from the email address.
how likely is the .com owner to litigate for your .co name? not likely
did you acquire the .co prior to the inquiring company's date of usage? no, although it is a generic name

appreciate the feedback

 

[Nomad91]

There are 6,451 public companies that are valued over a billion.

Of those, 171 have 4 letters as their company name.

Visa
TSMC
LVMH
ICBC
ASML
CATL
Nike
AT&T
HSBC
Dior
Sony
KDDI
Vale
RELX
Ford
Enel
Uber
CIBC
BASF
Sika
MSCI
Hoya
Dell
Zoom
Hess
MPLX
PSEG
eBay
SMIC
GoTo
KONE
E.ON
CRRC
KaÅ
ORIX
Aena
DiDi
Aeon
Snap
Snam
Okta
MFHC
Exor
IDEX
OBIC
NICE
Cboe
Etsy
FICO
Roku
Mowi
AMEC
Nexi
PUMA
Ally
Xero
IMCD
ASUS
GAIL
AGCO
Olin
Rohm
Flex
Trex
CACI
Coty
ZOZO
Unum
PLDT
ENKA
TOTO
Saia
Rumo
SoFi
HYBE
SAIC
ASGN
Sixt
Lyft
Olam
Onex
PCCW
ATCO
Acom
SPIE
Scor
Kuka
GATX
TTEC
SATS
Atul
Jamf
Aaon
Ambu
ESAB
Ozon
Jet2
Dana
Acer
EQRx
CBIZ
EVgo
Yelp
JOYY
DeNA
XPEL
FIGS
CDSL
SJVN
Cohu
ASOS
Fila
tuya
stem
Mixi
Atos
TDCX
PROS
TORM
Veru
IDFC
Gree
Domo
IonQ
Paya
Momo
Afya
CEVA
Huya
VEON
MMTC
Azul
BEML
Ebix
MBIA
CEWE
Viad
CEAT
VTEX
Gevo
Yext
AMMO
Seer
PORR
ON24
View
MOIL
Sify
Qiwi
AEye
Ooma
Cian
Sono
Doma
Gati
KORE
GEOX
LCNB
Quad
KLab
gumi
HEXO
Gaia
MICT
Mogo
Koss
Culp
iBio
The9
IMTE
Winc

Of those, 146 I would consider pronounceable (some barely)

Visa
ASML
CATL
Nike
Dior
Sony
KDDI
Vale
RELX
Ford
Enel
Uber
BASF
Sika
MSCI
Hoya
Dell
Zoom
Hess
eBay
SMIC
GoTo
KONE
ORIX
Aena
DiDi
Aeon
Snap
Snam
Okta
Exor
IDEX
OBIC
NICE
Cboe
Etsy
FICO
Roku
Mowi
AMEC
Nexi
PUMA
Ally
Xero
ASUS
GAIL
AGCO
Olin
Rohm
Flex
Trex
CACI
Coty
ZOZO
Unum
ENKA
TOTO
Saia
Rumo
SoFi
HYBE
SAIC
Sixt
Lyft
Olam
Onex
ATCO
Acom
SPIE
Scor
Kuka
GATX
TTEC
SATS
Atul
Aaon
Ambu
ESAB
Ozon
Jet2
Dana
Acer
CBIZ
EVgo
Yelp
JOYY
DeNA
XPEL
FIGS
Cohu
ASOS
Fila
tuya
stem
Mixi
Atos
PROS
TORM
Veru
Gree
Domo
IonQ
Paya
Momo
Afya
CEVA
Huya
VEON
Azul
Ebix
MBIA
CEWE
Viad
CEAT
VTEX
Gevo
Yext
AMMO
Seer
PORR
ON24
View
MOIL
Sify
Qiwi
AEye
Ooma
Cian
Sono
Doma
Gati
KORE
GEOX
Quad
KLab
gumi
HEXO
Gaia
MICT
Mogo
Koss
Culp
iBio
The9
IMTE
Winc

You are saying that the dotcom is in use by a company that won't sell, therefore, we could eliminate many names like Visa, Uber, Yelp, Gaia, Nike, Dior, Sony, Ebay, Snap, Winc, Culp, KDDI, Ford, Fila, Etsy, Qiwi, DeNa, Ozon, Mowi, Quad, Dell, Flex, Koss etc that have the dotcom and we could eliminate others where the dotcom is not working or parked like IMTE, I could narrow it down to under 10 like Mogo Sify etc. that is if you meant over a billion but even as I look through the list and use some good bots to help, something is off with the data you have given so far.

Edit, with the new info you gave, I have no contenders.

Impressive lol I don't want to flat out say the name until a deal is done.

 

[AEProgram]

Impressive lol I don't want to flat out say the name until a deal is done.

I found only one possible name, I hope it's them but I think you are mistaking that they are using a name with the 5 letter word that starts with h followed by their name. They are using something even worse. I hope you make the sale. The dotcom is old and owner seems MIA.

 

[justlife]

I think it's very hard to get a short, pronounceable, dictionary word .co nowadays, and it won't be cheap. $10k is not greedy. Try to counter $20k, if all else fails, you can just get back to $10k or $15k