A trillion-dollar stock market crash occurs, and planes are grounded. Sounds familiar? This may somewhat mirror current happenings around the world, but this is what happened in May 2010. A trillion-dollar stock market crash occurred over 36 minutes and things were slowly returning to normal after flights were grounded in much of the world after Eyjafjallajökull erupted in Iceland.In the domain world, Verisign hosted the "25 Years of .COM" gala where Aron Meystedt was recognized as the owner of Symbolics.com, the first .COM ever registered.
Hostgator founder turned domain investor Brent Oxley has amassed a portfolio filled with some of the most desirable domains on the Internet. From the likes of Broker.com and Create.com to Athlete.com and VT.com, Brent has spent a significant amount of money to create a portfolio anyone would be envious of.
Brent acquires plenty of domains (I’ve reported on countless acquisitions over the last five years), but he sells very few. Today, I can report one name that he has sold in a seven-figure financed deal, and that is Uno.com.
Brent Oxley's acquisitions are something that I cover a lot on James/Names. I've previously blogged about his acquisition of Invite.com, and his acquisitions of names such as Sand.com earlier in the year.I cover his purchases because they're usually significant premium .COM domains acquired for at least five to six-figures. In a matter of years, Brent has amassed a portfolio of some of the best domains on the planet. He has managed to compile this portfolio thanks to the money he received when he sold his hosting company, HostGator for $300 million.
Founded in 2016, Mirror is a connected fitness system that streams live and on-demand classes to users at home by using a mirrored display. The company has become very popular, with Mirror receiving $74.8 million in funding to date, with $34 million added during their Series B funding round in October 2019.Despite their popularity and wealth, Mirror was operating on the Mirror.co domain, using the domain as one of the company's main hub for attracting new users to its service.
Late last week, investor George Kirikos revealed that Delta.com had sold in July 2000 for $2,125,000, a sale that was found thanks to the revamping of the SEC's full-text search, which allows searches of filings dating back to 2000.George prompted other industry participants to help discover more deals (details are available on how to do that by going here), and so I found another seven-figure domain deal that confirms a 2006 acquisition.
Let me start by saying that this isn't listed by Meredith as a pure domain name sale, so it wouldn't be eligible to rank on any domain sales charts. Founded in 1972, Money is a personal finance brand that thrived under the ownership of Time Inc. The brand smartly acquired Money.com in the early Internet era, but it took until 2014 for a dedicated Money.com website to be established.
James/Names is a domain-centric blog full of data, strategy, and news from the world of domain names, startups, and businesses. Published by James Iles, an industry writer who has been referenced in the likes of TechCrunch, Gizmodo, and The Verge.