Operate.com was sold today for $190,000 in a public auction on NameJet. It looks like there were more than 100 bidders who participated in the auction with at least a backorder. Operate.com was one of the Thought Convergence domain names put into auction at NameJet.
According to NameBio, this is the largest sale on the NameJet platform in at least three years. The $148,134 sale of eShop.com in March of this year was the previous high water mark at NameJet during the past three years.
Other sales today on NameJet from the Thought Convergence portfolio include Oversee.com for $77,500, Helpline.com for $57,600, and Clandestine.com for $26,006.
There are a number of other high profile domain name auctions from this portfolio closing tomorrow. Aftermarket.com, Threat.com, and Beer.com all have hit the six figure mark. The Beer.com portfolio high bid is $999,999, but it has not yet met the reserve price.
Because the auction closed within the last hour or so, the purchase has not yet been completed. Once the sale transacts, I am sure NameJet will officially report the sale to domain industry news publications.
All won by the same bidder. Let’s see if it gets paid.
Yes, bidders iadv and lbm certainly are very active in this Thought Convergence auction. Now also high bidders for operating.com, aftermarket.com and threat.com.
I am familiar with lbm.
Excellent names at all price points in this auction. The auction is also a great way to monetize domain asset holdings and can serve as a model for future liquidations.
However, news of the auction was dropped on the market almost out of the blue, making it difficult for many investors to build up a purchasing budget for so many high-quality domains. Only the deep pocketed of investors can absorb this quantity of rare inventory at one time.
A little extra lead-time or a month or two heads up that so much inventory was coming down the pipeline would surely have expanded the pool of bidding liquidity in this auction.
As is, it is an incredible event. But many domain investors will miss out on the many opportunities and Ammar will almost certainly receive fewer proceeds as a result.