Andrew Hazen’s Prime Visibility Acquired for $36 Million in Cash

I’ve met Andrew Hazen at a couple of domain investor events in New York City, and we’ve had a few conversations via email. Although investing in domain names is not his primary occupation, he understands the business and advises his clients on the benefits of domain names.

This morning, I learned that Andrew has reached an agreement to sell Prime Visibility, the full service digital marketing company he founded in 1998, for $36 million in cash. The acquiring company is blinkx plc, a California company that is publicly traded in the UK. The deal closed and was funded last week.

Andrew’s story reads like a business person’s fairy tale: “When I founded Prime Visibility in 1998 I never imagined in my wildest dreams that the company would make the Inc List of Fastest Growing Companies in America not once but twice and then for the company to be acquired in 2007 by private investors and then again in 2011 by a public company.”

Andrew plans to leave Prime Visibility this week, and his immediate plans for the future have not been decided yet.

Congratulations to Andrew, and I wish him all the best.

Check Out Who Owns Presidential Candidate Domain Names

I thought it would be interesting to see who owns the .com domain names of presidential candidates, so I did some research and the information is below. In addition, I thought it would also be interesting to use DomainTools to see who owned those domain names five years prior.

The real “fun” comes in when the nominees are chosen and years of speculation by, ahem, domain “investors” may or may not pay off. There have been thousands of “lottery ticket” domain names purchased for that rush. Someone apparently thinks there’s a chance for a Huntsman/Palin ticket and bought HuntsmanPalin.com. Good luck on that one.

Republican Candidates

MittRomney.com
– Now: Domains by Proxy (Used by Romney campaign)
– 2006: Romney Committee

HermanCain.com
– Now: Domains by Proxy (Used by Cain campaign)
– 2006: Company called ” T.H.E.” from Nebraska

RonPaul.com
– Now: Whois Privacy Services Pty Ltd (Ron Paul “Fan Site”)
– 2006: Pop Art LLC

NewtGingrich.com
– Now: POBox.org
– 2006: Gingrich Communications

RickPerry.com
– Now: Whois Privacy Services Pty Ltd
– 2006: CampaignWeb

MicheleBachmann.com
– Now: Michele Bachmann
– 2006: Business Architecture, Inc.

Democratic Candidates

BarackObama.com
– Now: Obama for America
– 2006: Obama 2010, Inc.

HillaryClinton.com (kidding)
– Now: Friends of Hillary
– 2006: Friends of Hillary

Why A Domain Broker Won’t Sell Your Domain Name

I’m often either asked to broker domain names (which I don’t do) or asked why a domain broker isn’t willing to put the effort into selling someone’s domain names. There are several reasons why a domain broker may not sell particular domain name(s), and I want to give you three possible reasons.

1) Your names aren’t very good. Let’s face it. We don’t all own spectacular domain names. Even the most successful domain investors own some domain names that probably aren’t worth much. It wouldn’t make sense for a domain broker to try and sell a domain name when he or she doesn’t think anyone would want to buy it.

2) The domain name isn’t valuable enough. I enjoy making domain sales of all sizes. It’s exciting to sell a $2,000 domain name the same way it’s exciting to sell a $20,000 domain name. For a domain broker with a fair amount of inventory, it doesn’t make sense to try and sell a $2,000 domain name, on which he may only make $200 – $400 in commission if it sells, when he has other valuable domain names he can sell. Would you spend effort to earn $400 when you can expend the same effort to potentially earn $10,000 or more? Personally, I’d rater have a broker be honest with me and not take on one of my names than lock my name up when he has no intention of marketing it.

3) Your asking price is way too high. I see this quite a bit. Someone offering a whopping 40% commission as enticement to try and sell their domain name for them. The problem is that if their asking price is too high, 40% commission on no sale equals $0. If the bottom line price is way over the market value, and the owner isn’t willing to show flexibility, there’s little reason to try and sell the domain name.

If a domain broker won’t work with you, here are some suggestions on how to sell domain names on your own.

Politico: DCCC Won’t Give Jack Abramoff Its JackAbramoff.com Domain Name

Political news publication,  Politico, is reporting that Jack Abramoff, a Republican lobbyist and person who was involved in a major political scandal, has unsuccessfully tried to get the JackAbramoff.com domain name from its owners. Making this more of an interesting situation is the current owner of the domain name.

The Democratic Congressional Campaign Committee (DCCC) has owned JackAbramoff.com since at least February of 2008. The domain name was registered to someone from Louisville, Kentucky back in 2006, although I don’t know if that person had a relationship with the DCCC or Abramoff.

At the present time, JackAbramoff.com forwards to a page within the DCCC website, which does not paint Mr. Abramoff in a good light. The landing page has a file visitors can play with a voicemail from Mr. Abramoff asking about the domain name and how he can get it “amicably.” Based on the landing page, it seems doubtful an amicable solution will be possible.

Mr. Abramoff may file a UDRP for the domain name, and he could also file litigation to get possession of the domain name. I am not a lawyer, and I won’t speculate about his chances for success on either front, especially because I’ve been surprised when reading some UDRP decisions in similar scenarios.

One thing I will say is that we often hear about this type of thing occurring in elections at all levels throughout the US – from small local elections to national elections. I guess I shouldn’t ever be surprised when I hear about a local politician owning the name of another candidate when the DCCC owns the exact match domain name of a well known and controversial member of the GOP.

Tebowing.com: Trend Domaining

I’m not a big fan of buying domain names based on trends. From my perspective, it doesn’t usually pay off and it can cost a lot of money to buy domain names based on trends, since new trends take off every single day… and that doesn’t take trademark issues into consideration, which can have added risks and costs.

That being said, it seems that one “trend” domain name is paying off. If you aren’t aware, Tim Tebow is the new starting quarterback for the NFL’s Denver Broncos. Tebow starred at University of Florida, and he wasn’t projected to be a great NFL quarterback due to his throwing style.

Tebow is widely known as a religious man, and when he was shown in a bowing position, presumably praying, the term “Tebowing” was born. In similar fashion to the planking craze, people started Tebowing everywhere. They took and posted pictures of themselves Tebowing, and the Tebowing craze took off. As you can imagine, a person in Denver registered Tebowing.com in late October, and the quickly launched website features pictures of people Tebowing around the world.

This evening during the Broncos game vs. the New York Jets, the NFL Network showed a montage of photos of people Tebowing. On the top of the graphic, there was a notice that the photos were courtesy of Tebowing.com.

I suppose trend domaining does pay off.

Tim Tebow

Guest Post for Charity Offer

I wrote about doing this before, and I’ve taken the public and private recommendations under consideration. I would like to offer the opportunity to publish a guest post on my blog in exchange for a $500 contribution to my favorite non-profit organization, The Ronald McDonald House of New York. So far this year, we’ve helped to raise nearly $8,000 for RMH.

Here are the details for this special offer:

1. The company will make a $500 contribution directly to RMH and not to me prior to posting the article.
2. The guest post must be related to domain names.
3. The article will be posted Monday – Friday (I can’t guarantee how long it will be the top post though).
4. I will personally pay Francois to sponsor the post on the top section of Domaining.com for 24 hours.
5. I will use Twitter and Facebook to help publicize the article.
6. The article will be clearly marked as a guest post, and it will mention that the company donated $500 for the right to have the post.
7. Guest post may be used to list domain names for sale, announce a new product, discuss a current product, show people how to use a product or service, general awareness for a company…etc, as long as it relates to domain names.
8. I make no promises that this will bring you business or lead to a sale. My main priority is to raise money for RMH while not disturbing the flow of the blog.
9. This will be on a first come, first served basis, although I reserve the right to do this more than once if I wish. Let me know via email or via comment if you want to participate.