SAN FRANCISCO, CA - It was revealed this week that “chat.com” was purchased by San Francisco, California-based artificial intelligence (AI) research organization OpenAI for over $15 million, marking the third time the domain has changed hands in just two years. HubSpot founder Dharmesh Shah originally purchased Chat.com last year for $15.5 million; he then flipped it for an unspecified amount reported to be “well over $15 million” – with the entrepreneur writing at the … [Read more...]
Is Paypal’s Algorithmic “FGA” (Flexible Guest Account) Checkout Killing Your Web Sales?
PALM BEACH, FL – I’ve been using Paypal for about 15 years now and while it’s a great and extremely simple way to except payments online, I dislike it as a single point of payment. While Paypal is very smooth and provides an easy and quick set up, many consumers avoid using Paypal from either: A) negative past experience or B) simply not sure if they can use it (confusion on whether or not users are required to have a Paypal account to use it). Imagine how many sales … [Read more...]
Sedo.com’s Buy, Sell, Park Domains Venue Getting More Competitively Priced?
PALM BEACH - Things at SEDO are usually fairly quiet. Outside of their weekly sales list releases for domain names sold, I hear very little from the sales venue, which acts sort of like an MLS system for domain names. However, the last few weeks has been different. On Tuesday May 7, 2019, Ron Jacksoon's DNJournal.com reported what was characterized as a “major change” at Sedo, which would eliminate the minimum sale fee that takes a big chunk out of proceeds from smaller … [Read more...]
SHERPA: “Wow, So This Is, Really, Maybe, It Would Be Fair to Say, The Biggest Auction The Domain Industry Has Ever Seen?”
NEW YORK, NY - I took the time to watch another Domain Sherpa show today - this one called "Domain Handcapping" since it was related to the upcoming NamesCon show next week from January 26, to January 30, 2019 - including “the main event” – the live auction which is held once a year. I’m very much looking forward to attending this year and I will certainly sit in on it and maybe even purchase something, so I wanted to hear what Monte Cahn and Drew Rosener had to say about … [Read more...]
Call for Donuts to Release Proof of Original “Record Breaking” gTLD Sale in Late 2017
NEW YORK – With another ‘out of the ordinary’ new Generic Domain Name sale publicly announced by Donuts Inc. for Vacation.Rentals (reportedly acquired for $500,300.00 in an all-cash deal) this becomes their second earth-shattering alternative-dot transaction in the last twelve months of which many will agree, appears to be sent straight from the heavens above. In fact, all of their employees should vacate the Kirkland, Washington premises immediately and purchase lottery … [Read more...]
Just Another ‘Go-Nowhere’ Transaction at GoDaddy’s Aftermarket for Domains; WTF?
NEW YORK, NY - Let me begin by saying I am a big fan of GoDaddy.com and have been doing business with them since I began working on the Internet. I’m also a Wild West Domains reseller and believe it or not, I may not have even found this fantastic industry if it were not for Godaddy’s “Website Tonight” product which is now called “Website Builder” as it resulted in me building my very first website. In my opinion, GoDaddy.com is one of the best registrars for domains and I … [Read more...]