Tag Archives: Sedo
DONE! Ventures Suing NBC Over Domain Name Sale
NBC Universal is being hit with a lawsuit because of a domain name sale that went wrong. DONE! Ventures CEO Ben Padnos claims that NBC accepted an offer to sell Women.com and Women.net for $1 million. However NBC President and CEO Jeff Zucker blocked the transaction even after an agreement was reached.
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Categories Ben Padnos, DONE! Ventures, Jeff Zucker, NBC, NBC Universal, Sedo, Women.com
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Schmuck.com Sells For $66,000
Schmuck.com has been sold for about 49,000 EUR ($66,000 U.S.) on Sedo. Schmuck appears to be a German brand name that has something to do with jewelry. Whoever bought this website may be a complete genius or a complete schmuck. [Domain Name Wire]
Categories Schmuck.com, Sedo
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Sedo Sells Remaining 24% Ownership To Parent Company AdLink
Sedo.com is a website where people can sell their domain names. AdLINK Group, the parent company behind Sedo purchased the 24.06% remaining shares in Sedo recently. Those shares were purchased for 5.5 million Euros and 4.25 million shares of AdLINK stock. Based on the valuation of AdLINK’s stock and the cash given for the remaining shares, that puts Sedo at a $130 million valuation.
Tim Schumacher, a Managing Director at Sedo will become the CEO of AdLINK as a result of the acquisition. AdLINK also plans to change their name in 2010. AdLINK’s revenues for the first half of 2009 was 102.1 million Euros. This was a 10.3% drop from the previous year during the same time period. Sedo also saw a drop in revenues due to less domain names being submitted. However Sedo’s number of registered users grew to 894,000.
Categories AdLINK Group, Sedo, Tim Schumacher
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Server.com Sells For $770,000 and Jesus.net For $124,000 On Sedo
Sedo currently has about 11.5 million domain names listed for sale, but two major recent transactions have standed out from the rest. Server.com sold for $770,000 and there is no content on the website. Server.com is just displaying the GoDaddy parked page as of right now. However the domain name receives 12,000 unique visitors per month anyway.
Jesus.net sold for $124,337. Jesus.net is currently forward to JesusInternetProject.com. Originally Jesus.net forwarded to Christ.com before being sold. Considering we have been in tough economic times, I am impressed by these numbers.
But it appears that domain names are becoming a hot commodity once again. Pizza.com sold for a couple million and so did YP.com. Toys “R” Us bought Toys.com for $5.1 million. And G&J Holdings bought Candy.com for $3 million.
[via TechCrunch/DomainNameWire]
Categories Jesus.net, Sedo, Server.com
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