During the last couple of weeks, there have been news reported about several exact match .com domain names and the companies that operate them. While news about these individual companies might not directly produce residual value for our domain names, I think reports about these businesses with exact match .com domain names is good for the domain name resale market.
Here are four news stories from the last couple of weeks I have been tracking pertaining to exact match .com domain names. Keep in mind that some of these news reports are related to the companies who use EMDs and is not simply “domain name news.” You should also keep in mind that I am biased because my portfolio is almost exclusively made up of EMDs, and my developed brands are built on EMDs.
I am sure I missed additional articles, and if so, I invite you to share them with all of us.
- Apartments.com to be sold for $585 million – Crain’s Chicago Business reported that “Classified Ventures LLC, partly owned by Tribune Co., said this morning it would sell the Apartments.com business to real estate data company CoStar Group Inc. for $585 million.” Other news outlets seem to have confirmed this news.
- Auction.com Gets $50 million investment from Google – CNBC reported that “Google Capital, a fledgling venture capital arm of the Internet behemoth, announced Wednesday it is investing $50 million in Auction.com, a growing online real estate marketplace.” Auction.com is a real estate website.
- Coupons.com IPO valuation tops $1 billion – San Jose Mercury News is reporting that “Silicon Valley’s first pure-tech IPO in 2014 brought in millions more than expected Thursday, as Coupons.com convinced investors it is worth more than $1 billion.” As you might expect, Coupons.com is a website that has lots of coupons.
- Whisky.com sold for $3.1 million – DNJournal reported that David and Michael Castello of CCIN closed a sale on one of their exceptional assets, Whisky.com.