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Garry Chernoff Sells Scada.com for $110k

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Last week, I published an article about Garry Chernoff's sale of Jet.com, which is now reportedly owned by the founder of Diapers.com, Mark Lore. Although the sale of the Jet.com domain name was private, I learned about another nice sale that Chernoff's company (NetIncome Ventures) just closed. Scada.com was sold for $110,000 in a deal brokered by Darryl Lopes at DomainNameSales.com.

If you visit Scada.com, you can see that it is owned by a company called B-Scada, Inc. Before visiting the website, I was not aware that SCADA is an acronym for "Supervisory Control and Data Acquisition." According to the website found on its newly acquired domain name, B-Scada, Inc. was established in 2003, and the company is based Crystal River, Florida. Prior to the acquisition, it appears that the company had been using B-Scada.com or BScada.com for its website.

When reporting the sale, Chernoff mentioned that (more…) → Read More


Reports: Diapers.com Founder Acquires Jet.com

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For many years, the Jet.com domain name was owned by Canadian domain investor Garry Chernoff and his NetIncome Ventures, Inc. In January of this year, the Whois registrant information went private, and according to reports I read, the buyer was Mark Lore, founder of Diapers.com.

According to an article on Fortune / CNN Money, "Lore confirms to  Fortune  that he acquired the domain  Jet.com, which has  a placeholder that says "Coming 2015." Jet.com Inc. was incorporated in Delaware on April 4, according to the State of Delaware's website."  An article by Jason Del Rey in Re/Code suggests that Lore has big plans for this project, and Lore may be "interested in raising as much as $50 million to get his new company off the ground. One source said that number could go higher."

Knowing the quality of Chernoff's domain name assets and some of his prices, I would bet that this domain name had a (more…) → Read More