This morning, I received an email from Dan.com announcing its new in-house domain brokerage offering. Dan sellers can now utilize brokers when they receive an offer and prefer to have a third party broker the sale on their behalf. The brokerage offering is powered by GoDaddy’s broker services.
Here are the details that were shared with me this morning:
Axle Payments, a company that has raised $165.2 million in funding according to Crunchbase, announced that it has rebranded itself as Denim. The company acquired the Denim.com domain name in advance of the rebranding. The news was announced on LinkedIn by Co-Founder and CEO Bharath Krishnamoorthy. TechCrunch published an article about the company’s latest fundraising round and rebrand.
In early July, I noticed and shared on Twitter that the Denim.com domain name appeared to have changed hands:
If you visit Push.com, you will be forwarded to a Twitter account seemingly operated by the owner of the domain name. A few years ago, I wrote about all the interest the Push.com domain name receives on Twitter. People visit Push.com, land on its Twitter page, and inquire about whether the domain name is available to purchase.
Although Push.com doesn’t appear to be listed for sale or marketed for sale, it seems like the owner would consider selling the domain name for the right offer. What’s the right amount? I have no idea, but if the comparable sales shared on the domain name’s Twitter feed are any indication, it would take a seven or eight figure offer to close a deal.
A company called Kosmos Global Holding, S.L. from Spain filed and lost a UDRP against the Kosmos.com domain name. A three member WIPO panel also found that this was a case of Reverse Domain Name Hijacking. Attorney John Berryhill successfully defended the domain name. This is the second time John defended Kosmos.com, as another company lost its 2015 UDRP filing.
In reading through the UDRP decision that was published today on the WIPO website, it is very clear why the panel found in favor of the registrant and ruled it was RDNH. For one thing, the domain registrant owned the domain name prior to the existence of the complainant. Without the benefit of a time machine, the registrant could not have acquired the domain name in bad faith. Here’s what the panel wrote:
A widely circulated quote purportedly stated by Bill Gates has been making the rounds for years in domain forums, on for sale landing pages, and elsewhere in the domain investment space.
“Domains have and will continue to go up in value faster than any other commodity ever known to man.”
This quote may or may not be factual. One thing that is for sure is that it wasn’t uttered or written by the Microsoft Founder and current billionaire. This opinionated statement was once shared by Rick Schwartz, who commented on how the quote came to be attributed to Bill Gates:
@NewfoldDigital has agreed to acquire @MarkMonitor, the leading global provider of domain management solutions, from @Clarivate, underscoring our commitment to delivering market-leading web presence solutions to our customers.
Learn more: https://t.co/WdSpCXMOq0
— Newfold Digital (@NewfoldDigital) September 12, 2022
A major domain industry acquisition was just announced in a press release this morning. NewFold Digital, the company that owns domain industry brands like Network Solutions, BuyDomains, NameJet, and many others, has agreed to acquire MarkMonitor from Clarivate Plc. Newfold will pay $302.5 million to Clarivate, the company that owns MarkMonitor.
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