Online recruitment company Neuvoo launched in 2011 as a job board that gained traction and interest over the course of nine years, culminating in major investment from Caisse de Depot et Placement du Quebec.
Following this investment, Neuvoo rebranded to the category-defining Talent.com domain while also naming the company after its new domain. The acquisition of Talent.com, which happened in 2019, was widely considered to have cost the company $1.3 million.
However, Talent.com’s co-founder made a surprising revelation on the Mixergy podcast series. At the beginning of a recent podcast episode featuring Talent.com’s Lucas Martinez, host Andrew Warner asks outright how much Talent.com cost to acquire.
The response raised an eyebrow,
We are not allowed to say, but in the lower six figures.
Can that be right? Did Neuvoo really pay a “lower six-figure” fee for Talent.com? An email to Martinez asking for clarification went unanswered.
There are paper hands brokers and diamond hands brokers in this industry .So also with paper hands sellers and diamond hands sellers.
Some sell low to fund and renew while others sell for Lifechanging figures and have a better outlook in renewals and reinvesting in better names .
Domain is a business and if those who claim its a hobby ,then they wouldn’t renew those names and keep dropping them .
Talent for low six figures is a no brainer but we have seen other premium names go for less .