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Domain Sales

Alan (Insurance) Acquires Alan.com

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Alan is a European “digital health insurance platform” that uses the Alan.EU domain name for its website. Founded three years ago, the startup that is known simply as Alan has raised $86.5 million in funding, according to Crunchbase. The company announced that it had raised €40,000,000 in its Series B round of funding in February of this year.

Wish I Could Go Back in Time

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I received an interesting purchase inquiry for one of my domain names this week. The buyer made an offer, which was more than the typical $100 or $500 offers that I regularly receive, but it was not close to what I believe the domain name is worth. I gave a standard reply that the offer would need to be six figures to be considered serious.

In response, the prospect passed on submitting an offer and told me that he previously owned my domain name and his offer was based on what he paid to acquire it a couple of owners ago. Here’s how I responded to that:

Sketch.com Acquired in Advance of $20m Funding Round

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When I see an announcement about a one word brand name receiving a significant round of funding, I like to check if they own their brand match .com domain name. This afternoon, TechCrunch reported that a startup called Sketch had “landed $20 million in Series A funding from Benchmark in its first outside round.” The startup has been using SketchApp.com for its website.

ZenSourcer Rebrands as Gem with Gem.com

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At the end of February of this year, James Iles of NamePros shared the news that the Gem.com domain name had been sold. Gem.com moved into the holding account of Escrow.com, likely indicating the domain name had been acquired with a payment plan. Citing an anonymous source, James wrote, “the sale of Gem.com has been agreed, and it is a seven-figure fee being paid in installments across several years.

It Can Take a While to Sell a Domain Name

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I am regularly impressed and often surprised by the large sales reported by Mike Mann. Konstantinos from OnlineDomain.com regularly aggregates and shares Mike’s publicly reported sales, and it really seems like Mike maximizes the amount of money he is able to get when he sells a domain name.

Mike gets well-deserved accolades for his domain name sales, but one thing people should understand is that it can take a long time to sell a domain name for a lot of money. Take for instance, Mike’s exceptional reported $20,000 sale of JSPP.com, which he shared on Twitter earlier today:

Chocolate.com Sells for Seven Figures

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Yesterday afternoon, Kate Buckley reported the sale of the Chocolate.com domain name via Twitter. Her company, Buckley Media, brokered the sale of the domain name:

I reached out to Kate privately to ask if she could share more information about the sale. Kate said both parties on the deal wish to remain anonymous, but it was a seven figure deal. She was able to share the following with me:

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