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Mike Mann Sells CryptoWorld.com via Sedo for $194,888


According to a tweet from Sedo broker Dave Evanson, Mike Mann sold the CryptoWorld.com domain name for $194,888 via Sedo:

It looks like Mike Mann's company has owned this domain name since late 2011, according to DomainTools Whois history tool. While I don't know what Mike's company paid to buy the domain name, NameBio recorded that this domain name sold in 2006 for just $485.

The Whois information is currently showing Sedo's escrow account, which means the buyer has paid for the domain name but the domain name has not yet transferred. It also means that we do not yet know who acquired the domain name or how it will be used going forward.

When I was doing a Whois history search, I saw that Screenshots.com has (more…) → Read More

Mike Mann’s Domain Investing Pitch


Mike Mann shared a well thought out Facebook post this morning that would seem to make a good case for .com domain name investing. The post reads like a pitch to a finance firm, and I thought it was worth a share.

From Mike's Facebook page and Twitter account:

"The bid:ask spread is huuuge in the super premium .Com domain trading space, which helps make the investment very risky, expensive and time consuming; however it also leaves enormous margins to arbitrage for potentially enormous future profits. It's too hard for others to compete, and there is still considerable room for innovation in tech and marketing and helping the public discover the true long term value of this special asset class. Super premium .Com domains are incredibly profitable long term investments if handled properly; they have little relationship to the hundreds of millions of crappy domains for sale in the world, at totally random not professionally appraised prices, in poorly organized marketplaces."

People regularly ask me about investing in domain → Read More

Mike Mann’s Big Investment Paying Off


I think many people within the domain industry (and outside of it) were taken aback when Paul Sloan reported that Mike Mann hand registered nearly 15,000 domain names in a 24 hour span in 2012. If you haven't read the article from Cnet, take a moment to read it and learn more about Mike and his background.

Since the publication of that article, I have been curious about how Mike's investments have paid off. Registering 15,000 domain names would cost approximately $120,000 annually with renewal fees about the same each year (assuming an $8 cost). In February of last year, I asked Mike about whether he could share his ROI for these domain names, and he told me he didn't have that information.

In a tweet this afternoon, Mike reported on the sale of one of the domain names he registered during that registration binge in 2012: (more…) → Read More

Did Mike Mann Dethrone the “Domain King?”


Mike Mann is not one to shy away from controversy, and his Facebook post this morning shows this:

Mike seems to be implying that he is the "Domain King" rather than Rick Schwartz (who owns the Domain King trademark and has been referred to as the "Domain King" for a long time). I think Mike and Rick go back many years, so it will be interesting to see how this discussion goes.

At the end of the day, I don't really think it is important who is called the "King" of the industry. The bottom line is the bottom line, and nicknames don't really matter. Rick and Mike are both successful, and I think they both get the respect they deserve based on how the industry views their achievements. → Read More

UDRP Filed Against WashingtonJournal.com (Updated)


In May, I wrote about Mike Mann's sale of WashingtonJournal.com for $75,000. It was notable because Mike had reportedly acquired the domain name for just $350, and the ROI was outstanding.

According to UDRPSearch.com, a UDRP was just filed against WashingtonJournal.com. The UDRP was filed at the National Arbitration Forum (NAF), and it is case #1741966. Because the UDRP was filed at NAF, the complainant in the UDRP is not known and will not be reported until the decision is rendered.

I did a Google search for "Washington Journal" to see if I could find out who might have filed the UDRP. It looks like C-Span has a program called "Washington Journal," so perhaps they filed the UDRP for this domain name. This is a complete guess though since the first few Google results I saw are in reference to that.

It looks like WashingtonJournal.com is already being (more…) → Read More

Mike Mann Seeking Investment Capital


Mike Mann posted a tweet on Twitter yesterday that seems to imply he is seeking investment capital for his domain name business:

People who follow Mike on Twitter know that he regularly reports high dollar domain name sales. Yesterday, for example, he shared that he sold GeorgiaBride.com for $24,888, a domain name he acquired for $20 at the end of 1999. While sales with huge returns like these are great, the cost to run a business with hundreds of thousands of domain names must be quite high.

I believe Mike's company owns hundreds of thousands of domain names (DomainMarket.com says it has 288,839 domain names listed for sale). I have to think that the renewal fees are into the seven figures each year. I would also imagine Mike is actively buying new domain names to bolster his company's inventory, and that is also expensive.

Even though Mike reports → Read More

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