GoDaddy Reports Nine 6 Figure Sales from November 2020

GoDaddy has started reporting some of its top domain name sales on a trailing basis, with the approval of both the buyer and the seller. This morning, GoDaddy reported a handful of its top domain name sales from November of 2020. Nine of these domain name sales were in the six figure range.

The top publicly reported sale in GoDaddy’s report is Exclusive.com, which sold for $350,000. I believe the domain name had been owned by Merlin Kauffman’s company, True Magic, prior to the sale. The domain name now has a coming soon page, and it appears to be some sort of payments company that will be using the domain name.

Recursion.com Acquired for $904,000

2

It looks like George Kirikos may have uncovered another large domain name sale. In a tweet this morning, George reported that Recursion Pharmaceuticals acquired the one word Recursion.com domain name for $904,000:

How Much Time Do You Give Someone to Pay?

7

I have been going back and forth with a prospective buyer on DAN.com for several months. We exchanged offers multiple times, I made a counteroffer I was sure he would accept, and the offer timed out. I asked him a couple of questions, which were met with silence. A couple of weeks later, he made the same offer to me, and instead of playing games, I accepted the offer.

When I buy a domain name, I make my payment as soon as the agreement is signed or as soon as the platform and my bank will allow. If I agree to a deal during business hours, I make every effort possible to fund the deal immediately. Some buyers are like me and others drag their feet. When I have negotiated via email with someone over a period of time, we have usually established some sort of rapport. I can get status updates on payment and the counterparty is typically forthcoming. When negotiating via platform like DAN, the experience may be a bit less personal.

Steps to Complete a Domain Name Purchase

2

When buying domain names privately, I deal with many people and/or companies that do not regularly sell domain names. Some of these counter parties have never sold a domain name and they do not know the steps involved in completing a domain name purchase.

In order to make the process understandable for them, I provide a bit of a step by step guide to completing a domain name sale. Here are the steps I outline:

FuckYouPayMe.com Sold via DAN

4

One of the most memorable lines in the movie Goodfellas is “Fuck you, pay me!” You can watch the scene below if you aren’t in a work environment or around children or others who might care about a little bit of cursing:

This morning on Twitter, Vito announced the sale of his four word FuckYouPayMe.com domain name for $4,499. I recall seeing that domain name recently, and NameBio shows the domain name was acquired via GoDaddy this past December.

From the looks of the screenshots in the tweet, the deal was closed via DAN.com:

Blade.com Was Acquired for $503,000

2

At the end of last year, I reported the sale of Blade.com. The domain name was acquired by the aviation company that operates under the Blade branding. The domain name was sold by Anything.com, a company that owns a portfolio of exceptional domain name assets. The timing for the acquisition made sense because the company is planning to go public via SPAC merger, according to an article on the NASDAQ website.

While the sale price of Blade.com was not shared at the time the transaction was confirmed, a public SEC filing uncovered by George Kirikos has revealed the purchase price of Blade.com: $503,000. Here’s an excerpt from the Form S-4 filing with the SEC that reveals how much money was paid to acquire Blade.com: