Where's the best place to sell domain names online? Sedo and GoDaddy have been selected as the two best online domain name sales venues in the 2010 Domain Name Wire Survey. Sedo's position at the top of the charts is nothing new -- it took 40% of ... Continue Reading3 Comments
Simple Math at Play in SnapNames Lawsuit
· Expired DomainsHow much did customers overpay thanks to Halvarez? Last week I reported about how the judge in the California lawsuit against SnapNames questioned how much money was at issue. In order to qualify for class action status, at least $5 million must be at ... Continue Reading9 Comments
The Problem With Having Too Many Domains in an Auction
· Domain SalesFor online domain auctions, less is more. Two "extended" domain name auctions concluded this week. The results were underwhelming. In the Rick Latona auction, only 9 of 600 domain names sold. The Moniker extended auction sold 79 of about 2,000 ... Continue Reading30 Comments
Judge Says SnapNames Lawsuit Might be Too Small for Class Action
· Policy & LawAmount in question may be below $5 million required for class action case. U.S. District Judge Margaret M. Morrow is asking the plaintiffs bringing a class action against SnapNames over the insider bidding scandal to show that the controversy exceeds ... Continue Reading8 Comments
Two Domain Auctions End Today, KZ.com Snags 6 Figure Bid
· Domain SalesExtended online domain name auctions from TRAFFIC and DOMAINfest end today. [Update: Apparently the bids on Kz.com were errant, as the they were removed and the domain didn't sell.] Two extended online domain name auctions from recent conferences end ... Continue Reading2 Comments
Answers to 3 Questions about the SnapNames Bidding Scandal
· Expired DomainsAnswers to three commonly asked questions about the 'halvarez' scandal. The topic commonly known as 'halvarez' -- the insider bidding scandal at SnapNames -- wasn't a major topic at DOMAINfest. I didn't expect it to be, either. Within days of the ... Continue Reading7 Comments
Over 100 Domains Have Met Reserve at SnapNames Auction
· Domain SalesAuction enters final hours with over 100 domains meeting their reserves. Over 100 domain names in this month's Snapnames Showcase Auction have met their reserves. The auction ends later today. The auction features 1-4 character domain names as well ... Continue ReadingLeave a Comment
Oversee.net Asks Court to Dismiss SnapNames Lawsuit
· Expired DomainsDefendants file motion to dismiss lawsuit over bidding scandal. Oversee.net and SnapNames have filed a motion to dismiss a lawsuit filed against it in wake of the SnapNames insider bidding scandal. The lawsuit seeking class action status was filed ... Continue Reading18 Comments
SnapNames Finally Hits the Mark in Showcase Auction
· Domain SalesLatest showcase auction off to roaring start. I haven't been impressed with the results in SnapNames' monthly "showcase" auctions thus far. The sell-through rates have been dismal and the inventory lacking. That is, until this month. With still ... Continue Reading2 Comments
2009 Domain Dunce Award: SnapNames Due Diligence
· Expired DomainsDue diligence in expired domain company acquisition missed a couple big problems. Mergers and Acquisitions due diligence is thankless work. You have to learn everything about a company, including things about it that its current owners don't know, in ... Continue ReadingLeave a Comment