When I visited Escrow.com this morning, I noticed something that I had not seen before. The company has a graphic showing a group of logos of Internet brands below a heading that says “USED TO PURCHASE SOME OF THE BIGGEST DOMAINS ON THE INTERNET.” For your convenience, I shared the graphic above.
I presume this means that the domain names for these brands were bought via Escrow.com:
Luke Webster, a domain investor who is well known for his shaving-related startup, has launched a Kickstarter project for Shave Scents – The Shave Soap Solution. The Kickstarter campaign, which started yesterday, has a goal of $10,000.
Here is an excerpt from the campaign page with a bit of information about the product:
“Shave Scents is a uniquely combined 2 part wet shaving system. We have custom mixed the Scents to our extremely popular Pre-Shave Oil. This oil has recently been re-formulated to mix with our soap which allows our savvy customers to build a 2 in 1 lubricating luxurious lather with pre-shave properties built in (think of it like shampoo + conditioner + your desired scent + awesome). We know you’re going to love it. We have been working on this for nearly 2 years. We are excited to see the unique scent recipes / potions you discover with our alchemist kits.”
I embedded the campaign video below so you can learn more directly from Luke:
It was quite impressive to learn that Divyank and Bhavin Turakhia had sold Directi to Endurance International in a low 9 figure deal. After the deal, the brothers retained their Media.net property, and that business has continued to grow and thrive (who said you need to have a .com to create a massive company?!).
This morning, another Turakhia deal was covered in Forbes, and it dwarfs the Directi deal from 2013. Here’s the jist of the deal written about in Forbes:
“AdTech pioneer Media.net, has been acquried by a Chinese consortium from serial internet entrepreneur Divyank Turakhia’s Starbuster TMT Investments in an all-cash transaction of $900 million.”
If you add those two deals together, that is $1 BILLION in deals. Wow!
I wonder what’s next for Div. It looks like he has the golden touch.
A couple of days ago on Facebook, THE Domain Conference announced that Garry Chernoff and Nat Cohen are going to be inducted into the Domain Industry Hall of Fame:
Nat and Garry are
Many people are interested in knowing about current aftermarket and sale trends in the domain name business. This information helps me with acquisitions and sales, and it can be helpful in making planning decisions.
I operate and maintain a relatively small portfolio of around 500 domain names, so I am not really able to answer this on a macro level, aside from what I see reported publicly. I reached out to a somewhat diverse group of people who I know are active in the business to ask what they are seeing in the domain business. Their thoughts are below.
One thing to note is that a few people mentioned that they would respond and I didn’t hear back yet. If/when they respond, I will be adding them to this article, so it might behove you to come back again in a little while.
I welcome you to share your thoughts on what you are seeing in the domain name aftermarket as well:
I want to share a funny video that was shared by Name.com. If you’re looking for a job in the domain space and are considering working at Name.com, the Name.com “crib” video might help seal the deal.
If you are in the Denver area or want to move there, here are some of the Name.com job opportunities that are available right now. First, you should watch the video:
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