Would you pay $70,000 for these names?
The domain name registrar OnlineNic has told a court that someone is interested in buying a portfolio of 685 domains from it for $70,000. It says that this money could be used to pay the Special Master in a lawsuit with Facebook.
Facebook’s attorney is questioning that number and thinks it’s “suspiciously low” for the portfolio of domain names. He suggests that it’s not an arms-length transaction.
In a court filing (pdf), attorney David Steele explains that GoDaddy’s valuation tool values a collection of just 27 of the domains between $128,000 and $164,000. He notes that “Plaintiffs recognize the limitations of these online appraisals” but still thinks it shows that the portfolio is being sold below value.
I’ve skimmed through the list of 685 domains, and I have trouble understanding how the wholesale value is even $70,000. There are some good four letter .com domains and a handful of others that look OK. But I wouldn’t hand registered more than three-quarters of these domain names.
I’m curious what you think. Take a look at this portfolio (pdf) and comment on what you think it’s worth.
It’s mostly a potential end user wanted to have one of these names at mid five figure amount!
David Michaels says
This portfolio would do poorly on GoDaddy Auctions or NameLiquidate.
They’re lucky to get a buyer for $70,000. It’s a long hold period to sell any of these domain names to end users.
There are some gems. iaaa, madx, and many more. I could see getting to 70.
Richard B Morris says
a few i sort of like; 1on.com and gozzo.com. There might be a dozen like these but the rest are junk imo
I just skimmed – a handful (maybe 7) worth value beyond handreg – imo
John McCormac says
Some of them might do better in the Chinese market. Odd that onlinenic.club is included.
$70,000 is probably too low, should go out to a competitive process.
Andrew Allemann says
You’d pay that much wholesale for the entire portfolio?
I have no interest in domains like that so wouldn’t put in a bid.
The list has many reasonable quality brand names and 4 letter names though. This would get several hundred thousand if each name were auctioned individually. It is worth less as a portfolio but still they need to properly put this out to offers.
you never know……..there are always suckers out there willing to pay for any domains in the aftermarket.
Facebook brings up a good case.
No need to transfer these “assets” to another country (China) Peculiar, to ename.
Not worth $70,000, but shady actions. agree, they chose China, since it falls out of US’ jurisdiction. **** move, glad got caught.
Wouldn’t even hand reg more than 10 or so. But . . . because it will be a “forced sale,” sure to be some misguided nut who’ll pay, oh, 100k for the lot. Forced sales really gets the juices going for some folks.
Onlinenic is often used in Iran to register .com and .net domains, looking at this portfolio I spotted a significant number of Iranian domains persian keywords. There are some good names there some brandable some 4 letter ones, it’s easily worth $70,000 and I honestly think that price is a steal having gone through that portfolio id offer to pay that myself for the lot.
I wouldn’t want the portfolio for free – it’s barely worth renewal fees
Sad to deflate someone’s balloon.
I just skimmed it over. Looks like almost all incredible garbage that it would be a total waste of time to even take for free.
Not even a single 4 letter .com stood out as worth pursuing, but would at least take them for free if offered. Maybe I missed a few that were worth the time of day, but didn’t notice a single one while just skimming them.
First off: What’s the traffic data? Start by getting / publishing the parking traffic and revenue data.
There may be a few domains that English speaking or “Anglos” don’t grasp, such as typos of words in other languages, phonetics, or domain names that have meanings or importance outside Anglo grasp. In a few cases there may be unseen value.
Then, pay any one of 20 known domainers a consulting fee to advise on selecting and putting “the best domains” up for individual auction (all – individually – auctioned at the same time) and see what happens. I could see domains such as IAAA.com commanding a decent price.
Sell the remainder of the . . cough . . portfolio (collection?) . . in a “winner takes all” bulk auction.
^That^ would probably maximize the funds realized.
M. Menius says
Mostly worthless. A few have substantial value …
GameKiller.com also caught my eye. Rest are dreck!