YT.com Acquired by Google

Elliot Silver
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It appears that Google has acquired the two letter YT.com domain name. According to the DomainTools Whois History Tool, YT.com was previously registered under privacy at Dynadot. As of today, the Whois information is public, and Google is listed as the domain name registrant. The domain name is now registered at Mark Monitor. It looks like Google bought YT.com very recently.

Before YT.com became registered under privacy in February of 2015, the domain name was owned by a company with an address in Japan. It appears that this domain name was registered to the same owner since at least 2002 when the first Whois History record can be found on DomainTools. The domain name has a creation date of January 1996, so it is possible that company owned YT.com for several years prior to this 2002 record.

An Archive.org history search shows that YT.com had been used by the former owner. I don’t

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Have a Reasonable Price When Doing Outbound Sales

Elliot Silver
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Sometime within the last 6 months, someone I don’t know emailed me to ask if I was interested in buying one (or more) of the three domain names he listed in the email. I was interested in one, and he told me the price was $500,000. When I saw the price, I said no and he asked for a counter. I told the owner we were too far apart, and I didn’t bother to submit an offer.

A couple of months after receiving the email, I saw that the domain name sold for around $10,000.

Had the owner started in the $10-50k range I may have made a competitive offer. His asking price out of the gate made me question my own valuation, and I didn’t want to submit a lowball offer or get into a valuation argument with the owner.

There are two lessons

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Ryan Colby Announces $1.4 Million Domain Name Sale

Elliot Silver
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This evening, Ryan Colby announced a major domain name sale for Outcome Brokerage, the domain name brokerage he founded in 2013. Although he is unable to share the domain name that sold, he was able to say it was a $1,400,000 deal.

The announcement was made on Colby’s Twitter and Facebook feed. On the Facebook announcement, Colby was able to share a bit more information about the domain name that was sold:

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No More Minimum Offer (for me) at DNS

Elliot Silver
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Earlier this month, I wrote about changing the minimum offer for my portfolio at DomainNameSales.com to $100,000. The primary objective was to see if buyers would continue to increase their opening offers prior to my responding. I thought that it would put more cards on the table for me to look at before taking action.

In addition to the comments that were shared below the article, I received a few emails from people who suggested this was the wrong tactic. I continued with it because I wanted to see for myself how it would work, and I figured it wouldn’t hurt to try it out for myself.

I recently removed this minimum as a result of a failed negotiation I had. The prospective buyer made an opening offer of

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Hilco Streambank Marketing RadioShack Assets

Elliot Silver
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Once a thriving electronics retail operation, Radio Shack filed for bankruptcy on February 5 after 94 years in business. As a result of the bankruptcy filing, the company’s assets have been put on the market.

I received an email this morning from Hilco Streambank announcing that Radioshack is soliciting offers to acquire RadioShack’s intellectual Property assets in a chapter 11 sale.

According to Jack Hazan, Executive Vice President of Hilco Streambank, the assets include

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Poll: At What Price Will VVV.com Sell? (Updated)

Elliot Silver
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VVV.com is up for auction on NameJet, with a backorder deadline of Monday. Andrew Rosener confirmed that his company does in fact own VVV.com and he put it up for sale with an undisclosed reserve price, “well below the 6 figure mark.”

I am curious about what you think the sale price will be when the auction closes next week. As I mentioned in my article yesterday, my guess is that the domain name sells for low 6 figures. If that were to happen, it would likely rank as one of the top sales on NameJet. The current high bid is $20,000 (reserve not yet met), and there are 281 bidders who have placed backorder bids so far.

I posted a poll below for you to guess the sale price range. You’re welcome to share your rationale in the comment section if you would like.

Update: VVV.com sold for $136,400.


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