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Andrew of DomainNameWire.com reports that the owner of Flicker.com received a $600,000 offer for his domain name. Incidentally, this is the correct spelling of the more popular typo-domain Flickr.com, a company now owned by Yahoo. Therefore, traffic to Flicker.com is huge. According to the owner of the site, the domain receives about 150,000 type-ins per month. Flicker is a generic term and Flicker.com predates Flickr, so I don’t think there will be any trademark issues, but it’s still possible that Yahoo will try to get the generic domain and sue the owner for it.
$600,000 is a good price for this domain, in my opinion. I would sell it at that price if it was mine. Let’s see what happens. Good luck to both the seller and the buyer!
Domain Name Wire: Flicker.com Receives $600k Offer
Ron Jackson has a new cover story out at DNJournal.com. His article features NameMedia, the company that owns BuyDomains, Afternic and domain monetization companies Smartname, Goldkey and ActiveAudience. NameMedia also owns one of the biggest domain portfolios in the industry, consisting of more than 750,000 domain names!
The NameMedia Story: How They Are Rocking the Internet and Rolling Up the Domain Industry
There is a nice piece on Fabulous.com’s Dan Warner in the Sydney Morning Herald today. Another domain-related article that has been published in the mainstream press in the recent weeks.
Dan Warner, chief strategy officer at Brisbane-based Dark Blue Sea Limited, is used to watching multimillion-dollar sales of domains such as Diamond.com and Vodka.com take the headlines. His story of a slow and steady accumulation of domains, bought for less than $7 and sold for thousands, day in and day out for several years, lacks get-rich-quick appeal. Yet this measured approach to domain accumulation has grown a $5 million initial investment into a company with a market cap of $68 million.
His company holds the world’s second-largest portfolio of domain names, with more than 550,000. NameMedia Inc., of Waltham, Massachusetts, has about 725,000. Together, these two companies hold more than 1 per cent of the world’s domains.
Read the whole story:
http://www.smh.com.au/news/web/masters-of-their-domains/2007/06/04/1180809431843.html
Snapnames has been acquired by LA-based Oversee. Oversee also runs DomainSponsor, Revenue.net, Low.com and the popular Domainfest tradeshow.
Email received from Snapnames:
To SnapNames Customers:
I’m writing to inform you that SnapNames has agreed to be acquired by Oversee.net. Oversee, a company already familiar to many in the domain name industry, is a technology-driven online marketing solutions company that offers an impressive array of services to domain name owners. You can learn more about the company at www.oversee.net.
It’s important that you understand there will be no changes to the way SnapNames provides its services. This is a combination of two industry leaders with outstanding reputations for serving domain name investors and customers at all levels.
We were attracted to Oversee for many reasons, including the opportunity to offer SnapNames customers a greater breadth of service offerings. Together, the two companies can provide services that support our customers’ needs throughout the entire life cycle of a domain name, including procurement, monetization and sales.
This transaction is expected to close in mid-June. There is more information available on our Web site at www.snapnames.com. Of course, we’re always available to assist you in any way we can, and encourage your questions and comments. Our support team is available to you here:
On the Web: http://snapnames.custhelp.com
By e-mail: support@snapnames.com
At SnapNames, you will continue to find the world’s largest selection of expired domain names. You’ll find no changes to your account or the way you do business with us. We value you as a customer and thank you for your continued business.
Sincerely,
Sudhir Bhagwan
Chief Executive Officer
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