Why Pilot Paid $400k for Pilot.com

Considering the performance of the domain name aftermarket the last couple of years, the 2017 sale of Pilot.com for $400,000 seems like quite a bargain. It’s an authoritative term that is short, memorable, and easy to spell.

Waseem Daher, Founder and CEO at Pilot, shared a post on LinkedIn to discuss why his company spent $400,000 to buy Pilot.com.

In his post, Wasseem also shared that the domain name was brokered by Keith Richter of Lumis, and the domain name was sold by Hearst. I think the advice Wasseem shared is very good and should be taken to heart by other founders who may be in a similar position to Pilot in 2017.

Many of the top domain brokers and domain brokerages keep tabs on domain names that are either on the market or available to acquire. I know several brokers who email or text me on occasion to ask what inventory I am willing to sell when they have a client looking for something good.

Elliot Silver
Elliot Silver
About The Author: Elliot Silver is an Internet entrepreneur and publisher of DomainInvesting.com. Elliot is also the founder and President of Top Notch Domains, LLC, a company that has closed eight figures in deals. Please read the DomainInvesting.com 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 COMMENT

  1. I don’t know but pilot.com makes me think of pilot, the one who flies planes (unless the brand is well-established with his audience then maybe).

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Recent Posts

Slice Acquires Slice.com After 8 Years

1
Slice is a company that helps independent pizzerias with technology, marketing, and operations solutions. In fact, I have used Slice when ordering from our...

Afternic: Pending Sync

1
I hand registered 29 domain names at GoDaddy two days ago. I registered them in two swaths - 20 names and 9 names. Afternic...

Candy.com Acquired by Hilco Digital

8
In 2021, the Candy.com domain name was sold for an undisclosed sum in a deal brokered by Andrew Miller of Hilco Digital and Amanda...

Darpan Munjal Doing AMA on X

1
I have always appreciated how Atom.com CEO Darpan Munjal has been willing to share data freely. It's helpful to see what types of domain...

Results from One Month with Afternic Boost

20
Afternic began charging for its upgraded "Boost" features on September 4th. Instead of paying 15% commission for selling a domain name via Afternic with...