Subscribe to RSS Feed

06|02|2008 09:38 pm EDT

CreditCards.com IPO canceled

by Frank Michlick in Categories: Up to the Minute

Tags: , ,

CreditCards.com has canceled their plans for an IPO citing market conditions for staying private. More at DomainNameWire.

05|19|2008 12:59 am EDT

More History About CreditCards.com

by Adam Strong in Categories: Miscellaneous

Tags: , , , ,

A story about entrepreneur Richard Gordon was published in the Herald Tribune today. The article mostly focuses on how he makes money on processing charges for porn sites and at the same time is involved in more “socially acceptable” endeavors. Not really any of our concern, but a little snippet of the article was interesting from a domain perspective and talks specifically about the history of CreditCards.com (more…)

08|23|2011 03:27 pm EDT

SEC Filing reveals BankRate.com’s Domain Acquisitions

by Frank Michlick in Categories: Domain Sales

Tags: , , , , , , , , , ,

BankRate.com’s Premium Domain Acquisitions in 2010 and 2011 have been revealed in a recent SEC filing totaling over $80 million USD. Albeit the purchases also included companies, content and software, the filing breaks the value of the domain names out as a separate number.

Bargaineering.com – $2.7 million USD, January 29, 2010
Approximately $2.8 million was recorded as finite-lived intangible assets consisting of Internet domain name for $2.7 million and non-compete agreement for $140,000.

InsuranceQuotes.com – $5.9 million USD, March 31, 2010
Approximately $5.9 million was recorded as intangible assets consisting of Internet domain name for $5.9 million, non-compete agreement for $20,000 and Internet content for $15,000.

NetQuote.com – $40.9 million USD, July 13, 2010
Approximately $92.0 million was recorded as intangible assets consisting of Internet domain name for $40.9 million, customer relationships for $46.0 million, and developed technology for $5.1 million.

CreditCards.com – $67.8 million USD.August 6, 2010
Approximately $67.8 million was recorded as finite-lived intangible assets consisting of Internet domain name for $26.5 million, customer relationships for $39.4 million, and developed technology for $1.9 million.

CD.com – $500,000 USD. October 15, 2010
“On October 15, 2010, the Company completed the acquisition of the internet domain name CD.com from Rick Latona Auctions, LLC, a Georgia Limited Liability Company for $500,000.

CreditCards.ca – $650,000 USD, November 23, 2010
On November 23, 2010, the Company completed the acquisition of internet domain name CreditCards.ca from an Enterprise Analyticals Modeling and Process, LLC, for $650,000.

TrouveMedia.com(?) – $230,000 USD, January 1, 2011
It doesn’t clearly state the domain name in the filing. “Approximately $3.9 million was recorded as intangible assets consisting of agent relationships for $2.3 million, developed technologies for $1.4 million, and internet domain name for $230,000.

CarInsuranceQuotes.com – $7.5 million USD, May 13, 2011
Approximately $7.5 million was recorded as intangible asset, all of which, was for the domain name.

As noted by Elliot Silver, “they amortize domain names from anywhere from 5 years to 25 years, depending on the domain name“.

[Hat tip to George Kirikos]

01|28|2011 10:49 am EDT

Oversee.net buys ShopWiki for Undisclosed Price

by Frank Michlick in Categories: Acquisitions

Tags: , , , , , , ,

As announced in a press release this morning, Oversee.net has acquired ShopWiki to expand its portfolio of websites that help consumers make informed purchase decisions.

ShopWiki is a international internet shopping comparison search engine which was founded in 2005 and was majority owned by the growth equity firm Generation Partners. The company currently serves 11 countries in North America, Europe and Australia. The sites jointly list nearly half a billion consumer offerings. The acquisition is the first in the consumer retail space for Oversee’s expanding Vertical Markets division, which is further developing the company’s contextual search and comparative results capabilities to create site experiences that help consumers make purchase decisions.

Oversee, which operates successful comparison sites in the travel and financial services sectors like LowFares.com™ and CreditCards.org, was attracted to ShopWiki because of its potential to serve as a cornerstone of Oversee’s retail presence. “ShopWiki is the most comprehensive shopping search engine in the market,” said Oversee CEO and President Jeff Kupietzky. “The acquisition is a perfect fit with our ability to apply our expertise in acquiring and managing Internet traffic to improve comparison and buying decisions for consumers.

ShopWiki CEO Rory Cumming was attracted to Oversee for similar reasons. “Oversee provides services for over 10 million domain names and has unique insight into consumer preferences and Internet traffic,” he said. “Through contextual search, consumers who navigate through Oversee’s network of names will see relevant offers more often with ShopWiki.” Cumming will serve as Oversee’s General Manager, Retail, and will continue to run the property from New York as a wholly-owned subsidiary of Oversee.

01|13|2011 12:03 pm EDT

Oversee.net hires Scott Morrow as GM/SVP for its Verticals Division

by Frank Michlick in Categories: People

Tags: , , , , , , ,

Oversee.net announced today that they hired Scott Morrow as the Senior Vice President and General Manager for their vertical markets division. This division manages and operates a number of sites, such as LowFares.com and CreditCards.org.

Scott MorrowOversee CEO and President Jeff Kupietzky told DNN that the move to expand its vertical markets strategy is a natural fit to its domain name monetization operations and its already successful vertical properties.   “We’re taking what we’ve learned in acquiring and managing Internet traffic and applying it to new markets,” he said.  “The insight we have from managing more than ten million domain names puts us in a unique position to improve comparison and buying decisions for consumers.

Kupietzky also underscored the company’s continuing investment in the domain name side of the business.  “Oversee has achieved a leadership position in Internet real estate,” he said.  “We’re continuing to invest in and advance that business even as we expand in other areas.

Morrow, who will lead the expansion effort, joins Oversee after his tenure as CEO and President of ThisNext, a venture-backed company that operates multiple social shopping sites.  Immediately prior, he was Executive Vice President at Citysearch, where he developed a strategic vision for the unit of IAC and scaled the business. According to Morrow’s LinkedIn Profile, he also recently created a company called YourFund, which appears to not have launched yet.

[via Press Release]

06|02|2010 04:22 am EDT

Sedo’s Domain Sales for the Week up to May 31st, 2010

by Frank Michlick in Categories: Domain Sales

Tags: , , ,

Sedo’s sales chart of reported sales for the previous week is lead by the sale of “omusic.com” for $45,000 USD, followed by the sale of homeequityloan.net for $38,000 USD. Other notable sales include shoes.tv for 18,000 Euro (=$22,000 USD), traiteurs.fr for 10,000 Euro (=$12,216 USD, Delicatessen in French) and coupons.info for $17,600.

See the full list after the jump

(more…)

12|08|2009 12:11 pm EDT

Sedo Sells made.com for $130,000

by Frank Michlick in Categories: Domain Sales

Tags: , ,

This week’s sales report is lead by made.com, which sold for $130,000 USD. See the full list of domain sales after the jump.

(more…)

06|02|2009 04:09 pm EDT

AfternicDLS Reports Over $600,000 In Weekly Domain Sales

by Chad Kettner in Categories: Domain Sales

Tags: ,

AfternicDLS sold over 400 domains this past week for more than $600,000 in total sales.

The top sales included 03C.com for $22,888, TheLove.com for $11,000, and MillionDollarNapkin.com for $11,000. The highest non-.com sales were Wristbands.net for $4,000, BackupSoftware.net for $3,588, and BodyArmor.net for $3,409.

Check out the full sales list after the jump…

(more…)

02|03|2009 08:33 am EDT

AfternicDLS Weekly Sales Up To February 1

by Chad Kettner in Categories: Domain Sales

Tags: ,

This week’s AfternicDLS sales report includes 358 domains that sold for over $535,000 (an average of nearly $1500 per domain).

Some of the highlights included CentralAir.com for $8000, ConvertibleCars.com for $8000, and MilitaryWatches.com for $7000. Check out the full list after the jump…

(more…)

02|25|2008 06:35 pm EDT

Affiliate Summit Live Domain Auction Results

by Frank Michlick in Categories: Domain Auction

Tags: , , , ,

The auction is over and by our count produced 85 sales from roughly 170 domains and a total sales volume of $371,000.

(more…)