NameJet

Web.com is Now Sole Owner of NameJet

4

According to a press release that just hit the wires, Web.com acquired Tucows’ ownership stake in NameJet. With this acquisition, I believe that the auction platform is now solely owned by Web.com.

As you may recall, NameJet was initially a partnership between eNom and Network Solutions. The platform was owned by Demand Media, which owned eNom, and Web.com, which owned Network Solutions. Tucows acquired eNom in early 2017, and with its acquisition of the registrar, it also acquired a stake in NameJet.

My quick thought is that this will be good news for NameJet and its users. I presume that having two different publicly traded companies own NameJet could have been difficult to get things done. This should help streamline things for NameJet leadership, and hopefully it means Web.com will continue to invest in the platform. I am sure there are plenty of improvements that could be made, and having one owner should help in that regard.

It will be interesting to see what happens with the eNom expiry stream now that Tucows doesn’t have an ownership stake in the NameJet auction business. I believe Tucows has been sending its expired domain names to auction at GoDaddy Auctions. I think the majority of domain names I win on NameJet are registered at eNom, so that will be something to watch.

I am sure there is more to come….

The press release is below:

Twice Sold for $22k, Undergraduate.com in “On Hold” Status

3

At the top of NameJet’s “The Drop” list of domain names that are pending delete is the Undergraduate.com domain name. It has been registered at Uniregistry, and it is currently in “On Hold” status until it deletes, at which point drop catching services will compete to grab it and re-register the domain name.

Undergraduate.com is quite valuable, and the domain name has been sold publicly at least twice before. NameBio shows two public sales records:

  • $22,000 via Sedo in May of 2011
  • $22,301 via NameJet in March of 2014

Once the domain name drops and is caught by a third party, the domain name creation date will reflect its 2018 registration.

At the present time, I can see that there

Laurie Krick Announces Retirement

10

If you’re a NameJet customer, it’s quite likely you’ve worked with Laurie Krick. In her role as Director of Business Services at NameJet, Laurie has primarily worked with NameJet sellers. Her role expanded beyond that though, and she played an integral role in customer care for the auction platform. Whenever I had any type of technical issue at NameJet or an issue related to domain names I won at NameJet, Laurie was the person I turned to to get it resolved.

This morning, Laurie announced her upcoming retirement in a note to NameJet sellers:

Great.com: Why Erik Bergman Spent $900,000 to Buy It

2

The second largest domain name sale of 2018 (to date) is the $900,000 sale of Great.com. The domain name was bought by a tech entrepreneur named Erik Bergman at this year’s NamesCon live domain name auction on NameJet. Erik reached out to me discuss why he spent nearly seven figures on Great.com and to let me know how Great.com will be used by him.

Erik is an online entrepreneur who built a large business with a focus on affiliate marketing. His specialty has been SEO, conversion optimization, and email marketing, all of which help make someone make money through the affiliate channel. He co-founded a company called Catena Media, and Erik told me he and his partner took the company public in 2015. Erik did very well financially from the public offering, and this is what spurred him to think about charity and helping others. It is with this in mind that Erik acquired Great.com.

According to Erik, Great.com will be a commercial endeavor with the goal of giving away all of the proceeds to charitable causes. Here’s what Erik told me about how Great.com will be used:

2018 NamesCon Auction “Remix” on NameJet

0

The other day, I realized that NameJet still had the NamesCon link in its header, and now I know why. NameJet is re-auctioning a large group of domain names that did not sell during the NamesCon live or silent auction.

According to an email I received from NameJet announcing this “NamesCon 2018 Remix,” there is a secondary auction made up of unsold NamesCon auction domain names. Many of the reserve prices have been lowered by their owners to help induce a sale. People who kept their backorders for auctions likely noticed the domain names coming up for sale again, but others may wish to take another look to see if the reduced reserve prices make some of the domain names more interesting.

Some of the better domain names that are coming up for auction again include the following:

MillionDollar.com: Expiry Domain Name with a $900 Minimum Bid

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MillionDollar.com is coming up for auction on NameJet. From what I can see, the minimum bid is listed at $900 rather than the standard $69 minimum bid amount:

Based on the “pendingrenewalordeletion” email address, it looks like this is an expiry domain name rather than a private listing. The NameJet auction page also confirms that this is an expiry channel listing rather than a privately owned “Direct Lister” listing.

The high bid is listed at $69, and there is one bidder for this auction at the time of publication. I believe people can place the $69 minimum bid to observe the auction, but if it ends at below the $900 minimum bid, the domain name will not sell. I am not sure whether the

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