NEW YORK, NY - Private-equity firm Permira has entered into a deal with Squarespace to acquire the website-building platform and domain host/registrar in an all-cash deal valued at $6.9 billion, according to an announcement made this week by both companies. The deal involves Permira paying approximately a 30 percent premium to Squarespace’s unaffected share price, which comes to $44 a share in cash; as a part of the transaction, the publicly-traded web company – … [Read more...]
SHERPA: “Wow, So This Is, Really, Maybe, It Would Be Fair to Say, The Biggest Auction The Domain Industry Has Ever Seen?”
NEW YORK, NY - I took the time to watch another Domain Sherpa show today - this one called "Domain Handcapping" since it was related to the upcoming NamesCon show next week from January 26, to January 30, 2019 - including “the main event” – the live auction which is held once a year. I’m very much looking forward to attending this year and I will certainly sit in on it and maybe even purchase something, so I wanted to hear what Monte Cahn and Drew Rosener had to say about … [Read more...]
Someone Caught Great Deal at Flippa; How Is This Domain Venue Performing for You?
NEW YORK, NY - Someone landed a fantastic deal on Flippa this weekend. Amazingly, I lost the auction despite my accidental astronomical one-too-many zero’s high-bid. I’m not going to mention what domain it was (to avoid any politics on the issue), [all luck to the winner who got a great deal] but the domain name was a single word .com highly-commercial term with an Estibot well over $200,000.00 and it sold for about 9 percent of that. Not a .net domain selling for 9%, but … [Read more...]