The Uber of the air, Blade, has had a sharp rise to the top. Founded just seven years ago, Blade has attracted $50 million in funding and recently filed to go public in a deal that values the company at $825 million.
The announcement of Blade’s forthcoming NASDAQ listing coincided with the company’s acquisition of the Blade.com domain. Covered on December 18 by Elliot Silver, the Blade.com domain was sold by Anything.com, a company that owns thousands of the best domain names in existence including Design.com, Borrow.com, and Kitchen.com.
At the time, the price paid for Blade.com was not revealed, but investor George Kirikos has uncovered the sales price in Blade’s recent S-4 filing:
Blade(.)com transaction price of $503,000 appears in their latest financials, see pages F-50 and F-58:https://t.co/4oyuA3702N
The seller left a lot of money on the table, in my opinion. https://t.co/CiH4mZrmbK
— George Kirikos (@GeorgeKirikos) March 13, 2021
In the SEC filing, Blade states:
On December 16, 2020, the Company purchased a website domain for Blade.com for $503 in cash.
The $503 figure, when read in a financial filing, signifies $503,000. This suggests that Blade acquired Blade.com for $503,000 in cash. There is no mention of any other arrangements such as an equity stake in addition to the $503,000 figure.