While reviewing my Domain Monitor email from DomainTools last week, I saw that the Rain.com domain name had transferred to a different registrar under privacy. This could mean the domain name was sold, so I investigated further.
A search of my email history showed that Rain.com had been offered for sale a couple of years ago by at least two different domain brokers. I reached out to both brokers, and I learned that Rain.com had indeed been sold in a deal brokered by Joe Uddeme of NameExperts.com. Joe publicly announced the sale in a tweet earlier this morning:
https://t.co/HCT3c7tGMH sells https://t.co/YVqbyuehGZ and https://t.co/SANlbrSOQ0!! This was a super end-user sale. We only negotiate the best domains for our clients! Congrats to both parties on this super-premium .com/.net combo. #domains #brands #startup pic.twitter.com/HK7Y7HL0wt
— Joe Uddeme (@juddeme) August 27, 2018
I exchanged emails with Joe, and here’s what he told me about the deal:
The combined purchase price of these two domain names was $500,000. From what I can see, it looks like Rain.com was valued at $450,000 and Rain.net was valued at $50,000. I was told the buyer is using a three year payment plan, so Ron Jackson will likely track the sale on DNJournal once the final payment is made.
The buyer of these two domain names is a company called Rain Autonomics. If you visit Rain.com, you can see what looks to be a temporary landing page. Here’s what Rain Autonomics does, according to its LinkedIn profile:
“Rain enables enterprises to build and operate superior technology infrastructure. Rain’s autonomous bots free operators and transform their existing infrastructure to being easy, secure, and economical.”
The company was founded in 2013. I am not sure what domain name the company used prior to acquiring Rain.com because I could only see its LinkedIn profile, but the company got a great domain name asset in Rain.com.
February 27, 2019 Update:
It looks like Rain.com was listed for sale via Media Options for $750,000:
https://t.co/02eXOZuwOa is up for grabs! I LOVE this domain! Really hard to find a better open vessel brand than this one right now! https://t.co/02eXOZuwOa, https://t.co/uGGYSOuLjX, https://t.co/rdQRWEfr13, https://t.co/NWfWqcutek…If I were a web browser I'd be turned on!
— Andrew Rosener (@andrewrosener) February 27, 2019
They used rainnet.com prior to purchase.
Steal of the year..
500k and a three years payment plan?? Seller got robbed BIG TIME. Sad.
I agree! Seller got F**Ked!
Agree
I think it seems like a fair price. Sure, it’s a very nice brandable. But I would rather own sunshine.com.
Best case scenario for the seller: The buyer defaults on one of the last few payments and the seller keeps all the money from payments already made as well as the domain name. Without a payment plan this awesome scenario wouldn’t be a possibility 🙂
Looks like Rain.com was listed for sale via Media Options for $750,000:
https://twitter.com/andrewrosener/status/1100765102121336833