On the road again today, so if your comment doesn’t get posted immediately, it will likely be posted later on this afternoon. Here are a few updates today.
- As much as National A1 Advertising’s $1 million sale of Poker.org last year seemed smart at the time, it looks even smarter now. With the indictment of several major poker sites yesterday, it will probably be much more difficult to monetize that, at least in the near term.
- Speaking about that indictment, what do you think the UB.com domain name is worth? Wonder how quickly it will be before someone tries to buy it!
- I was biking in Central Park, and I saw a biker get pulled over by a police officer for going through a red light (there’s been a crackdown to avoid injuries). The police officer asked the biker his profession, to which the biker responded that he was a cardiologist. The police officer let him off with a warning telling him the City can’t afford to lose a cardiologist to a bike accident. I couldn’t help but imagine that if it was me, he would have given me the $270 ticket and told me to keep running red lights!
- I noticed that Snowboards.CO was purchased by the owner of Skis.com for $7,500 last week on Sedo. I am interested in seeing how it’s developed and how it ranks in Google and Bing after a few months. This sale may seem anomalous now, but if the owner can build a business on the domain name, sales like this may become more commonplace down the road . I still have a long term positive outlook for the extension, although I still haven’t invested much.
- I saw that Shane is running the Boston Marathon on Monday. I know how much goes into completing a marathon and I wish him all the best.
Looks like snowboards.co is simply being used as a redirect to Snowboards.NET …. unless I’m missing something ?
Same thing with the Music.co sale .. it’s being used to advertise/sell the ‘.music’ extension.
There seems to be a theme here …..
@ M
I don’t know about you, but I’ve never built a website prior to acquiring a domain name, and I’ve never launched a new website within a week of acquiring a domain name either. Time will tell whether the name is developed or just forwarded, but I think it’s premature to draw any conclusions at this point.
I know the Skis.com guy, though not personally. I believe Kopitz is his name, a good guy who understands the benefits of a good domain (Skis.com ain’t too shabby). Corresponded a few times but never resulted in a sale unfortunately!
@M
Whether it is developed or forwarded in the future, the fact is someone paid a decent amount of money to acquire a nice domain. Just like it happens with any other TLD, when a domain is bought, it can be parked (Russia.com, bought for $1.5M in 2009, still shows GoDaddy parking page), developed or forwarded to another domain.
@ Elliot
Yeah in general the domain before the site… that makes sense. But why one would assume that the owner of an established site at SnowBoards.net is going to build a new website branded on SnowBoards.co, rather than re-direct it (when it is currently being re-directed) doesn’t really make sense to me. But I guess it’s possible.
@ Joe
My point is that domains that sell for a lot that are merely parked, used to promote another extension, or are re-directed to another site shouldn’t be used to gauge the health/future/profitability of the extension.
The Skis.com folks have a great network of sites, some of which you can see at this link:
http://www.skis.com/cs.php?mode=aboutus
They also got PowderSkis.com for $25k earlier this year. I wrote a bit about it here (Elliot, feel free to delete the link, if you want):
http://wp.me/p1tGRD-1e
“As much as National A1 Advertising’s $1 million sale of Poker.org last year seemed smart at the time, it looks even smarter now. With the indictment of several major poker sites yesterday, it will probably be much more difficult to monetize that, at least in the near term.”
Little confused, it makes poker.org a good buy or bad now?
You said it looks even smarter now…much more difficult to monetize.
@ Josh
The SALE was smart…. maybe not the purchase.
I agree with that statement. The USgov is a scarey beast, if they decide they don’t like what youre doing it could not just mean losing funds but freedom.
1. I thought your comment about you getting a ticket in NYC was very funny.
2. Still waiting to hear how many .co registrations were credited to the Super Bowl ad. Also waiting to see if there will be one million .co registrations by summer 😉
Here’s the latest from the L.A.Times on the Playboy illness:
http://news.yahoo.com/s/ap/20110416/ap_en_ot/us_playboy_mansion_health_probe
I sold
breakout.co
last month. Now when you search for
‘breakout creative company’
breakout.co is on top of the google search, even ahead of their prior websites.
They also bought inlineskates.co for $3500