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Medidata.com domain name changed hands for $600,000 USD

Labeled as purchases in Domain Industry News started by GeorgeK, May 11, 2019.

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  1. GeorgeK

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

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    The views expressed on this page by users and staff are their own, not those of NamePros.
  2. Cebe

    Cebe Established Member

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    Just wow..!!!
     
  3. FolioTeam

    FolioTeam Top Member VIP

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    Nice Sale
     
  4. maxtra

    maxtra Let's make a deal Gold Account VIP

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    Thanks for sharing

    Congrats to both on completed deal
     
  5. Advancd.com

    Advancd.com Established Member

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    What is Medidata?
     
  6. Gabriel360

    Gabriel360 Established Member

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    That's a lot of money!
     
  7. GeorgeK

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

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    Medical Data = Medidata
     
  8. dande

    dande Premium Domain Names VIP

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    That's a big one... what influenced the sale at that price?
     
  9. GeorgeK

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

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  10. imadoer

    imadoer Top Member PRO VIP

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    Thanks just rasied my price on my data name ever higher now
     
  11. FolioTeam

    FolioTeam Top Member VIP

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    Data and Analytics are the future currencies. And businesses are now understanding that whoever owns the largest and most relevant data will practically rule the world.
     
    Last edited: May 12, 2019
  12. BrandsOpen

    BrandsOpen BrandsOpen.com Gold Account

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    Handregged the one below not long ago.. Like it more now.

    [​IMG]
     
  13. KhaledA

    KhaledA Established Member

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    Great sale, good sharing!(y)
     
  14. stub

    stub Top Member PRO VIP ★★★★★★★★★★

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    Estibot values Medidata.com at $18k. Presumably before this sale. There must have been a broker involved in this sale. How do you price a domain valued at $18k (and probably cost a lot less) for 1 million and settle on $600k? Perhaps I'm undervaluing my domains :)
     
  15. wwwweb

    wwwweb Top Member VIP

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    That’s a one, and done type sale. Right user, right budget, how often does this happen. The power of no must have been in full effect.
     
  16. stub

    stub Top Member PRO VIP ★★★★★★★★★★

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    I could retire with a sale like that :)
     
  17. wwwweb

    wwwweb Top Member VIP

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    I see this with Mike Mann type sales, like the ones he sells for $25-$30k, could I have said no at $5k, $10k, $15k etc... it becomes really hard on some subpar names, but those are the deals that puts you over your renewal, and gives you powder to make some big name purchases that will come in handle down the road.
     
  18. stub

    stub Top Member PRO VIP ★★★★★★★★★★

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    Agree. It could change your domaining lifestyle forever more :)
     
  19. GenericDomainz

    GenericDomainz Established Member

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    I think medidata does not cost 600k :D
     
  20. equity78

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

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    What a great price. Name was regged in 1996.
     
  21. carob

    carob Top Member VIP ★★★★★★★★★★

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    This is an end-user to end-user sale.

    The seller was well aware it is a great name - they were already using it! And presumably they did not need to sell, this was a windfall and only worth taking if the price was really persuasive.
     
  22. cipcip

    cipcip Top Member VIP ★★★★★★★★★★

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    I don't like the name to be honest, but it fits their business, so it's a win-win deal :)
     

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