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

DomainNames.com: GoDaddy’s “Ultra Premium Domains” Marketplace

1
A couple of weeks ago, Afternic hinted that it would soon be launching a new domain name marketplace on the ultra generic DomainNames.com domain...

Tracking Outbound Interest via Atom

1
Yesterday, I thought I would try something a bit different. I did some outbound marketing to attempt to sell a .AI domain name I...

Sedo’s Derick Clegg Brokers $723,000 Sale of NoLimit.com

4
Sedo broker Derick Clegg announced the successful brokerage sale of NoLimit.com for $723,000 USD. Derick began brokering the domain name earlier this year. SOLD! 🚀...

Sparc.Energy: UDRP Panel Gives Benefit of the Doubt to Investor

0
A UDRP was filed at the National Arbitration Forum against the Sparc.Energy domain name, which was acquired in an expiry auction this past May...

James Tuplin Moves to Above.com

1
James Tuplin has considerable experience on the monetization and supplier side of the domain investment business. For the last ten years, James worked as...