Doing Good Things

While leaving the restroom at TRAFFIC on Thursday, a gentleman held the door opened for me, and I introduced myself on the way back to one of the panels. I learned that he was from Baltimore, and after a brief conversation I found out that he bought and sold Jewish-related and Hebrew domain names among other business pursuits. When he asked if I had any of these names, I responded that I owned one that I hadn’t done anything with and was willing to sell it.

Rewind a few months…
When I originally purchased the name, I told a close friend of mine that I would give all of the proceeds to his non-profit Jewish organization. My friend is the Rabbi who runs the Mitzvah Tank organization in Manhattan, and he has one of the biggest hearts out of anyone I know. I’ve seen him give money out of his pocket to help people in need and he is always willing to lend an ear and give advice.

Back to the conference…
My new acquaintance asked me what my asking price was for the name. When I told him the story about the sale going entirely to tzedakah, he made a very generous offer for the name. I accepted the offer, and my company will match his offer to double the contribution. It certainly wasn’t my highest financial value transaction, but it was definitely the highest value transaction I’ve had, and I wouldn’t be surprised if I made a new friend in the process.

Elliot Silver
Elliot Silver
About The Author: Elliot Silver is an Internet entrepreneur and publisher of DomainInvesting.com. Elliot is also the founder and President of Top Notch Domains, LLC, a company that has closed eight figures in deals. Please read the DomainInvesting.com Terms of Use page for additional information about the publisher, website comment policy, disclosures, and conflicts of interest. Reach out to Elliot: Twitter | Facebook | LinkedIn

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Recent Posts

Atom.com Shares Priority Placement for Searches

0
Atom.com recently announced "one of the biggest updates to search and discovery" on the platform. The platform is making its search results less literal...

GoDaddy DBS Broker Tom McCarthy Explains His Role

0
GoDaddy has two distinct brokerage teams that work exclusively on behalf of buyers or sellers. The Afternic team represents sellers who have listings on...

How Much Overlap on AI Domain Name Creation?

1
I sold a two word .com domain name for $4,999 via Afternic last night. The domain name consists of a noun and a verb,...

Atom Pay Offers $10 Transaction Fee Through 2025

0
Atom.com introduced one of the better Black Friday deals I've seen offered. The platform is allowing customers to transact with its Atom Pay service...

GoDaddy’s Paul Nicks Retires

3
Paul Nicks is a longtime GoDaddy employee of 18+ years, has announced his retirement from the company. Paul previously served as President of the...