Garry Chernoff Sells Scada.com for $110k

Last week, I published an article about Garry Chernoff’s sale of Jet.com, which is now reportedly owned by the founder of Diapers.com, Mark Lore. Although the sale of the Jet.com domain name was private, I learned about another nice sale that Chernoff’s company (NetIncome Ventures) just closed. Scada.com was sold for $110,000 in a deal brokered by Darryl Lopes at DomainNameSales.com.

If you visit Scada.com, you can see that it is owned by a company called B-Scada, Inc. Before visiting the website, I was not aware that SCADA is an acronym for “Supervisory Control and Data Acquisition.” According to the website found on its newly acquired domain name, B-Scada, Inc. was established in 2003, and the company is based Crystal River, Florida. Prior to the acquisition, it appears that the company had been using B-Scada.com or BScada.com for its website.

When reporting the sale, Chernoff mentioned that

10 Worst Kinds of Domain Name Prospective Buyers

If you own valuable domain names, you probably receive offers on a frequent basis. Some prospective buyers are fair and reasonable, and others are frustrating or even angering. If you’ve been in the business long enough, chances are good that you’ve come across prospects  like the ones I listed below.

Without using specific examples, I want to share what I think are the ten worst kinds of domain name prospective buyers. These people can make investing in domain names less enjoyable, and at the very least, make the business of selling domain names more challenging.

I invite you to share other types of buyers that I missed in my list. I am sure there are other kinds of bad prospects that make life difficult for all of us.

  • Prospective buyer who has the money and

Dave Evanson Reports 6 Figure Sale of VitaminC.com

 

Sedo broker Dave Evanson reported the sale of the VitaminC.com domain name at a price of $104,000 via his Twitter account. The Whois registration information is currently private, so I am not sure if the domain name has already been transferred to the buyer. I spoke with Dave on the phone a moment ago, and he was unable to provide information about the buyer or seller.

VitaminC.com had been

Reports: Diapers.com Founder Acquires Jet.com

For many years, the Jet.com domain name was owned by Canadian domain investor Garry Chernoff and his NetIncome Ventures, Inc. In January of this year, the Whois registrant information went private, and according to reports I read, the buyer was Mark Lore, founder of Diapers.com.

According to an article on Fortune / CNN Money, “Lore confirms to  Fortune  that he acquired the domain  Jet.com, which has  a placeholder that says “Coming 2015.” Jet.com Inc. was incorporated in Delaware on April 4, according to the State of Delaware’s website.”  An article by Jason Del Rey in Re/Code suggests that Lore has big plans for this project, and Lore may be “interested in raising as much as $50 million to get his new company off the ground. One source said that number could go higher.”

Knowing the quality of Chernoff’s domain name assets and some of his prices, I would bet that this domain name had a

Know Your Asking Prices

There are many ways a person can inquire about a domain name. I have found that many buyers visit the landing page and inquire directly after seeing a “for sale” message on the page. Many people also have success selling domain names via marketplaces such as Afternic and Sedo. When you quote a price, be mindful of the buy it now prices you’ve set elsewhere.

Buy it now pricing is encouraged at domain marketplaces. It makes it easier for a buyer to complete a purchase, and it is faster for all parties. It probably makes buyers more comfortable knowing that the price is set and it is not going to increase based on who they are (how much money they have). One issue I face on occasion is when I quote a price on a direct inquiry that differs from the buy it now price elsewhere.

I don’t have a great pricing system. I have started to put

Pro.com Launches With $3.5 Million in Seed Funding

pro.com logoIt’s always interesting to see how a domain name will be used following a major sale. Last year, Igloo.com  was the broker of record for the sale of the Pro.com domain name. Unfortunately, Igloo could not provide a comment regarding this domain name.

According to a post on Crunchbase Daily, Pro.com just launched after receiving millions of dollars in seed funding from several well respect venture capital firms. Here’s what Crunchbase Daily had to say regarding the funding and launch of the new website:

Seattle-based home service professionals marketplace Pro.com has launched with $3.5 million in seed funding from Andreessen Horowitz, Madrona Ventures, Redpoint, Bezos Expeditions, Two-Sigma Ventures, and Sherpa Foundry. Pro.com aims to