Kin Secured Kin.com via Microsoft

I saw a VentureBeat article shared via Twitter about a company called Kin announcing a $47 million round of funding. The company has now raised “over $60 million” in funding. After clicking through to the article, I could see that this insurance startup was using the Kin.com domain name.

Have an Escrow Backup Plan

A few weeks ago, I wrote about a change at Escrow.com that has implications for people living in or doing business with entities in Russia, Panama, and even in the US state of Alabama. In short, an American company can no longer use Escrow.com to buy or sell a domain name to a counterparty in Russia, Panama, Alabama, or elsewhere on the exclusion list. Because I use Escrow.com on many of my private sales, this could become problematic for me.

Jane.AI Rebrands as Capacity and Gets Capacity.com

I just saw a tweet from TechCrunch linking to an article announcing that a company called Capacity raised a $13.2 million in its Series B round of funding. In total, the company has raised $23.2 million in funding. The company, which was previously known as Jane.AI, recently secured the brand match Capacity.com domain name.

Hippo Insurance Secures Hippo.com

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It looks like Hippo Insurance has secured the high value Hippo.com domain name from its longtime former registrant. If you visit Hippo.com today, you will be forwarded to MyHippo.com. The likely domain name acquisition was tweeted about by Jamie Zoch earlier this morning:

A Response to “The Price is Too High”

As a domain investor, I am accustomed to hear a prospective buyer tell me “the price is too high.” While they may actually be right about that, more often than not, I think they are stating that as a fact when it is more a matter of their opinion. Alternatively, they may have set a maximum budget in their head, and the asking price is beyond that.

I want to share a response that could be effective when dealing with someone who tells me the price of my domain name is too high: I simply ask them to share some examples of public domain name sales and prices that they believe are comparable to mine to prove that the price is too high.

5x Flip for EXL.com at Sedo

Earlier this year at the end of March, EXL.com sold via Sedo for just $10,000, as reported by NameBio. I would say this is probably one of the best buys on a publicly reported domain name sale so far this year. I think most serious domain investors would have been happy to acquire that domain name for just $10k.

This afternoon, Sedo released its top weekly domain name sales, and EXL.com was the top public domain name sale of the week. EXL.com sold for $50,000 this past week. A 5x ROI (less Sedo’s commission) is pretty solid in such a short period of time.