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X.com Now Forwarding to Twitter

Elliot Silver
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In 2017, Elon Musk acquired X.com from PayPal in a private transaction. The acquisition price for X.com, as far as I know, was never reported publicly by PayPal or Musk. For quite some time, X.com has been underutilized, with just a small text “x” appearing in the upper left corner of the landing age.

Earlier this year, Elon Musk acquired Twitter. He has been tweeting about creating a company called X with financial services and Twitter amongst its properties. Musk recently put Twitter under the X umbrella. The copyright on the bottom of the website says, “© 2023 X Corp.“

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Ever Done a Buy with Lease Back Deal?

Elliot Silver
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0

I have had quite a few lease to own deals in the last couple of years. It is a great option for a scrappy startup or financially strapped business to acquire a domain name at a lower up front cost.

In the real estate world, a less common deal structure is the purchase with lease back deal. A buyer will purchase a home and lease it back to the former homeowner for a set period of time. This is often done to give the home seller time to find another home or allow the seller’s children to finish the school year without disruption.

I think this type of deal could work in the domain name industry as well, and I am curious if anyone has done it.

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James Booth Reports 3rd Highest Public .io Sale

Elliot Silver
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2

This morning, James Booth reported that he sold the Hero.io domain name for $125,000. James told me the domain name was sold via Squadhelp, and the payment was already made in full:

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Where I am Cautious with LTO

Elliot Silver
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6

GoDaddy is set to introduce a Lease to Own purchase option for buyers of aftermarket domain names listed for sale via Afternic. This option has been one of the unique points of differentiation for sellers on Dan.com, a company acquired by GoDaddy last year.

While I offer LTO on most of my domain names I have listed on Dan, I am cautious about it with others because of the potential damage highlighted by Brad Mugford:

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.MIL —> .ML is a Cautionary Tale for .CO Operators

Elliot Silver
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One of the most prominent military news stories kicking off the week is related to misdirected emails as a result of a common typographical error involving domain names. The country of Mali has the .ML ccTLD extension while the US Military operates on the .MIL domain extension. Here’s an excerpt from the Financial Times article covering the news today:

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Number of Registrations Can be Misleading

Elliot Silver
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3

I consider the number of registrations for a particular SLD (phrase to the left of the dot) to be one of the more important “signs of life” for a domain name. When I am evaluating domain names to buy in the aftermarket or at auction, I pay closer attention to those that have many other extensions registered.

Importantly, the number of registrations can be misleading, so there is some nuance that goes into my process for evaluating these domain names.

This morning, I was looking at a domain name currently in auction. I see there are 10 extensions registered, including the .com. Using dotDB, I see there are only 2 other domain names registered with this term. That was peculiar to me because usually if a phrase or term is registered in many extensions, there will also be other domain names registered that have the phrase within the SLD.

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