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Breaking Report: Sex.com To Sell for $13 Million – Pending Court Approval

Elliot Silver
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An article in the Register this morning is reporting that Sex.com has been sold by Sedo for $13 million. According to the article, the buyer is Clover Holdings LTD, and there were 12 companies that placed bids on the domain name. The article cited California Bankruptcy Court documents, and court approval is needed for this sale to be transacted.

I’ve reached out to Sedo and a few other parties who are familiar with the domain sale for comment, and I will post more information as it comes.

More to come…

Thank You

Elliot Silver
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I am headed back to New York in a few minutes, but I would like to thank you for choosing my blog as the best domain blog at this year’s Traffic awards. It’s an honor to receive the award since it was voted on by my peers, and especially because of the other great blogs that were also nominated.

The Traffic show was a success with somewhere around 3-400 people in attendance. I will try to provide more of a recap later.

I really appreciate your voting for me and thank you for the honor.

Francois Carrillo Launches DomainHacks.com

Elliot Silver
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One of the more popular web 2.0ish website branding ideas from startups is to use domain hacks. Many companies do this in lieu of the standard “web 2.0” creative names that reside on .com, most likely because even these domain names aren’t available to hand register.

In case you aren’t aware, a “domain hack” is a domain name that uses the ccTLD extension as part of the branding instead of .com.  For example. the url shortening company known as Bitly operates primarily on Bit.LY, using the .LY extension, which is overseen by the government of Libya.  Smartly, the company also owns Bitly.com in the event of consumer confusion.

Francois Carrillo, the owner of Domaining.com, has recently launched DomainHacks.com as a marketplace to buy and sell domain hack domain names.  This comes on the heels of other marketplace and website launches, including NumericDomains.com, CAX.com, and Flipping.CO, which have both launched in the last several months.

Carrillo’s network of domain investing investing websites is impressive, and it wouldn’t surprise me if one of the larger domain companies makes a play to acquire it because of the traffic and eyeballs it commands.

If you are interested in looking to buy domain hacks, Name.com offers some competitive pricing on many ccTLD extensions. I personally don’t own any domain hacks, but it’s an opportunity some people might be interested in researching.

My Picks for Today’s Traffic Auction in Miami

Elliot Silver
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Rick Latona will be holding the live Traffic conference auction in South Beach / Miami this afternoon at 4pm EST.  The entire list as well as more information about bidding online, is available at Proxibid (you can follow along there, too).

As I mentioned on Sunday, FruitBaskets.com is my top pick for the auction, but below are a number of other domain names I like.

  • DUL.com
  • SNS.com
  • GG.net
  • Shock.com
  • KeyLimePies.com
  • FloridaOranges.com
  • FruitBaskets.com
  • SEM.com
  • IHP.com
  • WeddingCoordinator.com
  • Internet.CO
  • Gambling.CO
  • LasVegas.CO
  • ForeignAuto.com
  • MadridJobs.com
  • CigarBlog.com

What Kind of Business Entity Do You Operate?

Elliot Silver
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I read Sully’s Blog’s interview of Deborah Sweeney of MyCorporation Business Services, and it made me wonder what percentage of people in the domain industry have incorporated their domain business, be it LLC, S Corp, Inc…etc.

For tax and liability purposes, I operate two different LLCs for my businesses. Each business is its completely separate entity, and I don’t intermingle finances, expenses, or domain names. I maintain  separate  sets of books and bank accounts for each business. I also keep all personal expenses separate from my businesses for obvious reasons.

I am wondering whether domain investors who read my blog have taken steps to legally separate their personal and business accounts/finances. Please use the poll below to answer, and feel free to let others know what type of entity you operate.


Rob Sequin Acquires Cambridge.com on Behalf of Client

Elliot Silver
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Domain broker, Rob Sequin, just announced his company  helped acquire Cambridge.com on behalf of a client who intends to develop a local portal with information about Cambridge, Massachusetts. The domain name, which was originally registered in 1992, was purchased for an undisclosed sum.

In addition to the acquisition of Cambridge.com, Sequin also helped acquire a second Massachusetts geodomain name, which was not disclosed in the news release.

The purchaser of these two geodomain names is Doug Tanger, a noted real estate developer from Massachusetts who previously operated a number of radio stations. Additionally, Tanger is said to have experience with startups, and as I’ve learned with my own geodomain development, each project is just like a startup that requires quite a bit of research and funding.

Congratulations to Rob Sequin (who is on my list of recommended domain consultants), and I wish all the best to Tanger on his new geodomain startups.

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