A number of years ago, I tried to buy a one word .com domain name from its original registrant. I did some diligence on the owner, and I learned he founded a well-known brand that was acquired by the second largest company in its field. He became a philanthropist, and money did not seem to be much of a factor for him.
While I increased my offer to buy the domain name over the years, we didn’t reach a deal. In fact, I don’t think he ever even provided a counteroffer to me. After several attempts over 5 years, I stopped inquiring about that domain name.
One thing I had noticed over the course of several email exchanges was his email address. The domain name he used for email was also exceptional, although he did not have a website. I believe it was the name of his new business or holding company that wasn’t consumer facing.
Earlier this year, I noticed that the email-used domain name changed hands. In fact, it appears to have changed hands twice to companies with that same brand name. I guess this illustrates how a descriptive domain name can be recycled by different companies.
I was curious about why the domain name was eventually sold, and I learned the registrant passed away after what appeared to be a life well-lived.
Many of the deals I am able to do are because I’ve dug deep into the history of domain names. I’ve uncovered additional domain names and kept a memory of names, email addresses, and domain names. I have found it helpful to note small details like the domain name used in an email address. This can spider web into additional observations and potentially lead to other deals. It has also helped me learn more about domain name deals and transactions without being privy to any details.
I checked my email, and it has been more than 8 years since I last communicated with the former registrant. Our initial discussion started more than 13 years ago. It looks like the domain name I wanted to buy was sold to someone else. It is now for sale again for a very reasonable (end user) price, which indicates the buyer also got a great deal. Too bad for me, but I suppose it’s a reminder to keep checking in on domain names.
I would suggest that new investors pay attention to everything. It’s helpful to be curious. If you’re tracking a particular domain name, it can be helpful to see what other domain names are in the portfolio and keep an eye on them, too. If one name moves, it might indicate other domain names are up for sale.
In Real Estate it is the 3 D’s
Death Debt Divorce
No differnet with domain names and any business in general