GoDaddy and eNaming.com Broker the Sale of SV.com

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In September of last year, GoDaddy was brokering both SV.com and LA.com on behalf of the owner of the domain names,  a media company called MediaNews Group. A few days ago, I noticed a Whois update occurred on the SV.com domain name, and the domain name appears to have been unlocked for a transfer. I can now confirm that SV.com has sold.

According to David Helgeson, Director of Aftermarket Sales at GoDaddy, “We can’t disclose price, but can confirm the sale happened and it was a co-brokered sale with Brian Kleiner from GoDaddy and Tracy Fogarty from eNaming.com.”

At the time of this publication, the Whois record has not yet been updated, and SV.com is still forwarding to SiliconValley.com, a website operated by MediaNews Group. Based on the limited information that I know, my guess is that the domain name was acquired by an entity with ties to the domain investment space. I don’t know if the domain name was acquired for development purposes or because LL.com domain names have significant value. We will see when the account change occurs and the domain name is used by the buyer.

When SV.com went on the market, the company was seeking a 7 figure sales price for  the domain name. Based on my contacts, I am pretty sure the domain name sold for mid 6 figures, although I will not speculate on the actual sale price.

1 COMMENT

  1. “Based on my contacts, I am pretty sure the domain name sold for mid 6 figures, although I will not speculate on the actual sale price.”

    You just did … 😉

  2. @Elliot
    It is not really good journalism to bring about a subject matter and not post everything you know. Once the domain is sold, unless there is a non-disclosure agreement between buyer and seller, everything is public record. If you keep something to yourself, you are either trying to protect yourself or someone else. In my opinion, it is everything you know or nothing at all.

    • Just because I know what it was offers to me for a few weeks ago doesn’t mean I know the sale price. I have no idea whether they ended up having a bidding war or lowered the price. I presume it was sold in the range I mentioned but that is more of an educated guess.

  3. As far as I can see, SV.com was sold to FINLEAD AG, a well-known Swiss domain investing and consulting company, which is not and end-user.
    So I guess they got a “wholesale” price … 🙂

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