In 2009, I reported on the $18 million sale of Internet.com to QuinStreet, Inc. This was not simply a domain name sale, so it should not be listed in any lists of largest domain name sales, but I would imagine a great deal of value was placed on the Internet.com domain name at the time of the acquisition.
I just learned that Internet.com – the domain name alone – is now on the market. I was told that Quin Street no longer owns this domain name, although GDPR is preventing me from being able to see the current registrant of Internet.com.
Sealed bids to buy Internet.com are being accepted until March 8, 2021. The ten highest bidders will then be invited to participate in a live auction held over Zoom on March 11, 2021 with a professional auctioneer managing the auction. You can read all the details about the auction and download the necessary bidding forms on the Internet.com auction website.
The legal and escrow services for the sale are being managed by Lieberman & Greenberg and its Escrow.Domains escrow service. Questions about the offering can be made to Stevan Lieberman.
There is a $35 million minimum bid requirement in order to participate in the auction. It looks like there’s a 5% finder’s fee for someone who successfully brings the buyer for the domain name (I assume the buyer has to certify that they were brought in by that person). If you want to participate in this auction, my name is spelled E-L-L-I-O-T.
> “Sealed bids to buy Internet.com are being accepted until March 8, 2021. The ten highest bidders will then be invited to participate in a live auction held over Zoom on March 11, 2021 with a professional auctioneer managing the auction. You can read all the details about the auction and download the necessary bidding forms on the Internet.com auction website.”
So simple, and yet so brilliant. Yes indeed, that’s the way to go for my domain worth $1 billion+ if and when the time becomes right. No intentions of expecting or requiring that level though.
(Not now, that is.)
Ridiculous pricing, no chance of this selling.
Internet.com is worth $100 million or more IMO, but it probably won’t reach $50 million in auction unfortunately.
QS is a public company, their Edgar filings should have disclosed if they dumped Internet.com
It’s too big of an asset to not mention it.