NEW YORK - If you had not yet heard, the mega GEO domain “France.com” was recently ‘acquired’ by the European Country of France. Acquired can be a tricky word as the domain asset was, in this case, acquired through what I call an ‘unprecedented theft’ while readers commented that this event is likely the ‘biggest story in domaining during the last 20 years’, and I tend to agree; surprising there isn’t more Internet chatter on the subject. Coincidently, I’ve also noticed some … [Read more...]
Call for Donuts to Release Proof of Original “Record Breaking” gTLD Sale in Late 2017
NEW YORK – With another ‘out of the ordinary’ new Generic Domain Name sale publicly announced by Donuts Inc. for Vacation.Rentals (reportedly acquired for $500,300.00 in an all-cash deal) this becomes their second earth-shattering alternative-dot transaction in the last twelve months of which many will agree, appears to be sent straight from the heavens above. In fact, all of their employees should vacate the Kirkland, Washington premises immediately and purchase lottery … [Read more...]
Does the Domain Industry Suffer From Own Versions of Trumpted “Fake News” Stories?
NEW YORK, NY – You may have heard the news that a tremendous transaction recently took place. According to TNT Names, Donuts recently sold www.home.loans for $500,000.00. Wow, I missed the boat for sure. I just let Find.cars drop, crash and burn and lost $10,000.00 to count my chips and walk-away. I probably could have sold it for half-a-million dollars in CASH, or could I? What a mistake that was. Or was it? Considering the fact that this deal reflects the largest … [Read more...]
Category Killer Domain Shoes.com Acquired in $9M Transaction by Wal-Mart Stores, Inc.
NEW YORK, NY - According to domain name industry news publication DNJournal.com, Wal-Mart Stores, Inc., owned subsidiary ShoeBuy, has acquired the Internet domain name Shoes.com in a $9,000,000.00 transaction which included the domain name from a bankruptcy of now defunct operator “Shoes.com Technologies”. A spokesperson for ShoeBuy told Footwear News that the move was part of the company’s larger digital goals. We plan to maximize Shoes.com as the gold standard of category … [Read more...]