Axle Payments Rebrands as Denim with Denim.com

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Axle Payments, a company that has raised $165.2 million in funding according to Crunchbase, announced that it has rebranded itself as Denim. The company acquired the Denim.com domain name in advance of the rebranding. The news was announced on LinkedIn by Co-Founder and CEO Bharath Krishnamoorthy. TechCrunch published an article about the company’s latest fundraising round and rebrand.

In early July, I noticed and shared on Twitter that the Denim.com domain name appeared to have changed hands:

Push.com: Forwards to Twitter with Some Comps

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If you visit Push.com, you will be forwarded to a Twitter account seemingly operated by the owner of the domain name. A few years ago, I wrote about all the interest the Push.com domain name receives on Twitter. People visit Push.com, land on its Twitter page, and inquire about whether the domain name is available to purchase.

Although Push.com doesn’t appear to be listed for sale or marketed for sale, it seems like the owner would consider selling the domain name for the right offer. What’s the right amount? I have no idea, but if the comparable sales shared on the domain name’s Twitter feed are any indication, it would take a seven or eight figure offer to close a deal.

Update Non-USD Pricing

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The US Dollar has been very strong lately. $1 USD is nearly equal to €1 Euro, and the Euro has been falling for nearly two years, as you can see in the above graphic courtesy of XE.com. Similarly, the GBP and other currencies have also been declining in value against the USD.

The stronger dollar is great if you are a US citizen traveling to Europe or buying products or services in Euros. This is not so great for domain investors who have priced their domain names for sale in Euros or GBP.

Moving Big Batch Back to Dan

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I’ve been sharing some of the testing I have been doing with my inventory domain names. After moving just about all inventory-quality domain names to Embrace.com landing pages, I am tweaking my strategy a bit by moving many back to Dan.com BIN landing pages.

Within the last few days, I moved nearly everything priced at $2,000 or below back to Dan.com landing pages. These domain name aren’t worth having on Embrace.com because they wouldn’t be ones I want to negotiate on pricing. Moving < $2,000 domain names to BIN landing pages allows people to make an impulse purchase without having to email me to discuss pricing.

Pen.xyz Reportedly Sold for 6 Figures via Afternic

A domain investor shared that he sold the Pen.xyz domain name for $109,888 via Afternic. He shared the sale email he received from Afternic in a Twitter post, and Afternic congratulated the seller:

My Favorite Kind of Sale

Every morning, regardless of where I am or what I have planned for the day, I spend an hour or so looking through lists of expired domain names that are either scheduled to be auctioned or pending delete. I use several different tools to analyze names, including Dropping.pro, ExpiredDomains.net, and personally curated lists using auction platform-provided search tools.

From these lists and tools, I hone in on a small group of domain names I want to buy. Some already have many bids and others have not received any bids that I can see. Using DropCatch and NameJet for pending delete domain names, I place backorders based on my risk tolerance. If I really want a particular name, I place a $79 bid at NameJet and a $59 bid on DropCatch and let them fight it out. For names I am less certain about, I use the Discount Club at DropCatch.