Report: Domain Name Cost $85k

I think Merlin Kauffman is one of the most likeable guys in the domain industry. He attends just about all of the tradeshows and events, and I don’t recall ever seeing him without a big grin on his face. Merlin is a young guy, and his company has amassed a portfolio of great generic domain names.

This morning, I read an article on TechCrunch about a startup called Jig, which operates on The startup, was founded by Joshua Schacter, who also founded Delicious. It was incubated in Schacter’s Tasty Labs, which received a  reported $3 million in funding in November of 2010.

In doing some research, it appears that Merlin Kauffman’s company, True Magic, LLC, owned as late as April of 2011. In May, the domain name was acquired by Tasty Labs, although the sale does not seem to have been publicly reported at the time.

In addition to the TechCrunch article, noted venture capitalist Fred Wilson of Union Square Ventures, one of the companies that funded Tasty Labs, wrote an article on his blog about to help introduce the startup. In the comment section, someone asked what the price of the domain name was, and Schacter replied “$85k.”

I reached out to Merlin for a comment and will post it when I hear back. He travels extensively and I am away in California right now, so it might not get updated very quickly (same as comment approval).

Thanks to Larry Erlich for the tip.

Elliot Silver
Elliot Silver
About The Author: Elliot Silver is an Internet entrepreneur and publisher of Elliot is also the founder and President of Top Notch Domains, LLC, a company that has closed eight figures in deals. Please read the Terms of Use page for additional information about the publisher, website comment policy, disclosures, and conflicts of interest. Reach out to Elliot: Twitter | Facebook | LinkedIn


  1. Funny story. I thought I had negotiated a deal with the seller to buy, then the seller sold it out from underneath me…to Merlin

    I didn’t realize who had bought it until one of the guys sent out an email to a company alumni list I’m on mentioning their launch. I looked up the whois history at that time and saw True Magic had sold it to the latest owners.

    Life goes on… 🙂

  2. “I reckon the seller of got fairly lucky…”

    I would say the buyer is lucky. Had they been set on the name and Merlin not wanted to sell it, the price could have been higher.

  3. Yeah, I LOVE this domain and I think they got a great deal at $85k. I’d be interested to hear what the initial asking price was…


Please enter your comment!
Please enter your name here

Recent Posts

Fred Hsu Offers Tips on Domain Name Security

According to Coin Telegraph, there has reportedly been a security incident involving domain names at Squarespace. "Multiple decentralized finance (DeFi) apps were targeted in...

Registrar Where My Last 10 Afternic Sales Landed

After I sell a domain name, I don't pay much attention to it. Occasionally, I will look to see how it is being used,...

DomainLeads Integrated into Email

One of the paid tools I use daily is the email alerts. I created 3 alert emails with different parameters, and each morning,...

Sedo Reports Record Breaking .Game Sale

As of this morning, the largest domain name sale in the .Game extension recorded by Namebio was the $40,888 sale of A.Game. That domain...

When the Best Prospect Goes Under

It feels pretty good when a startup founder wants to buy your domain name. I know the domain name can probably incrementally help the...