$164.2 Million payed for certain assets of Name Development Ltd.

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  • fünkmaster
    So Fucking Banned
    • Nov 2004
    • 791
    #1

    $164.2 Million payed for certain assets of Name Development Ltd.

    ... most people won't know who that is [Name Development Ltd.] , but I guess http://www.ultimatesearch.com/ rings a bell.

    ... oh, this happened on the 23rd of november this year, just in case it was missed:
    http://www.marchex.com/press.html#news14
    Tags: None
    • polish_aristocrat
      Too lazy to set a custom title
      • Jul 2002
      • 40377
      #2
      Welcome to last week, Taboo already posted about it
      I don't use ICQ anymore.

        Comment

        • Steen2
          Confirmed User
          • Feb 2004
          • 7662
          #3
          timeline
          ICQ: 2262.73945

            Comment

            • KRL
              Entrepreneur
              • Oct 2002
              • 31429
              #4
              Its only about $2,000 per domain.

              He could have gotten way more.
              If you would like to develop your domains, you can lease inexpensive foreign labor
              from the leaders in the field at iWebmasters.com TO LOWER YOUR COSTS AND INCREASE YOUR PRODUCTION!
              *** *** *** *** *** *** *** *** *** *** *** ***
              Domains Adult News KRL's Newsletter Biz Tips Just Listed Domains

                Comment

                • Pornwolf
                  Drunk and Unruly
                  • Jan 2002
                  • 22712
                  #5
                  Thanks for posting it again. I missed it.
                  I've trusted my sites to them for over a decade...

                  Webair, bitches.

                    Comment

                    • Taboo
                      Confirmed User
                      • Jul 2004
                      • 3700
                      #6


                      here's the original link and some discussion...
                      http://bbs.gofuckyourself.com/showth...hreadid=393035

                        Comment

                        • marzzo
                          Confirmed User
                          • May 2002
                          • 2134
                          #7
                          Originally posted by Pornwolf
                          Thanks for posting it again. I missed it.
                          4 5 zero - 2 2 - nine nine nine

                            Comment

                            • slavdogg
                              Confirmed User
                              • Jan 2001
                              • 3570
                              #8
                              Originally posted by KRL
                              Its only about $2,000 per domain.

                              He could have gotten way more.
                              Come Kevin, you're saying that like $160mil is not a lot of money or as if there is anyone else stepping up to the plate to pay that kind of multiples for a domain portfolios.

                              None of his names were prime domains, or great domains, or big one worders. Now Lets put the 80/20 rule up. If 20% of his domains made him 80% of the money that leaves about 80,000 out there which are nearly worthless by themselves. How long would it take him to sell 20k names and get close to $150mil ? THan lets factor in time and energy ??

                              Now lets forget all i just said
                              $160mil in a bank accnt, making at least $10mil a year from bonds and other tax free investments. That sounds like a pretty good deal.

                              Time will tell if it was a good buy or a sell but for know Yun Ye made off like a bandid.
                              Adult Traffic for Sale

                                Comment

                                • President
                                  Confirmed User
                                  • Dec 2002
                                  • 383
                                  #9
                                  Originally posted by slavdogg
                                  Come Kevin, you're saying that like $160mil is not a lot of money or as if there is anyone else stepping up to the plate to pay that kind of multiples for a domain portfolios.

                                  None of his names were prime domains, or great domains, or big one worders. Now Lets put the 80/20 rule up. If 20% of his domains made him 80% of the money that leaves about 80,000 out there which are nearly worthless by themselves. How long would it take him to sell 20k names and get close to $150mil ? THan lets factor in time and energy ??

                                  Now lets forget all i just said
                                  $160mil in a bank accnt, making at least $10mil a year from bonds and other tax free investments. That sounds like a pretty good deal.

                                  Time will tell if it was a good buy or a sell but for know Yun Ye made off like a bandid.


                                  ditto slavik!

                                    Comment

                                    • KRL
                                      Entrepreneur
                                      • Oct 2002
                                      • 31429
                                      #10
                                      Originally posted by slavdogg
                                      Come Kevin, you're saying that like $160mil is not a lot of money or as if there is anyone else stepping up to the plate to pay that kind of multiples for a domain portfolios.

                                      None of his names were prime domains, or great domains, or big one worders. Now Lets put the 80/20 rule up. If 20% of his domains made him 80% of the money that leaves about 80,000 out there which are nearly worthless by themselves. How long would it take him to sell 20k names and get close to $150mil ? THan lets factor in time and energy ??

                                      Now lets forget all i just said
                                      $160mil in a bank accnt, making at least $10mil a year from bonds and other tax free investments. That sounds like a pretty good deal.

                                      Time will tell if it was a good buy or a sell but for know Yun Ye made off like a bandid.
                                      Its a fantastic score, no doubt, but I would still argue he would have been better off holding on for a few more years. There's also a better play he could have easily pulled off and netted over 3 times that amount.
                                      Last edited by KRL; 12-06-2004, 07:03 PM.
                                      If you would like to develop your domains, you can lease inexpensive foreign labor
                                      from the leaders in the field at iWebmasters.com TO LOWER YOUR COSTS AND INCREASE YOUR PRODUCTION!
                                      *** *** *** *** *** *** *** *** *** *** *** ***
                                      Domains Adult News KRL's Newsletter Biz Tips Just Listed Domains

                                        Comment

                                        • Fred Quimby
                                          Confirmed User
                                          • Jul 2004
                                          • 5430
                                          #11
                                          isn't that the chinese guy?

                                            Comment

                                            • pimpin
                                              Confirmed User
                                              • Jun 2004
                                              • 565
                                              #12
                                              Originally posted by KRL
                                              Its a fantastic score, no doubt, but I would still argue he would have been better off holding on for a few more years. There's also a better play he could have easily pulled off and netted over 3 times that amount.
                                              which would be what ? Do tell please.

                                              Everyone says he sold to cheap "after the fact" but as slavik says $150+ mill in the banks is plenty of cushioning. . . guess time will tell.
                                              ---------------------------------

                                                Comment

                                                • Pornwolf
                                                  Drunk and Unruly
                                                  • Jan 2002
                                                  • 22712
                                                  #13
                                                  Originally posted by KRL
                                                  Its a fantastic score, no doubt, but I would still argue he would have been better off holding on for a few more years. There's also a better play he could have easily pulled off and netted over 3 times that amount.
                                                  Since the deal has already been done, what play would that be great sensei?
                                                  I've trusted my sites to them for over a decade...

                                                  Webair, bitches.

                                                    Comment

                                                    • Nima
                                                      Confirmed User
                                                      • Feb 2003
                                                      • 2192
                                                      #14
                                                      very sweet deal if you ask me... $160+ million is more than enough to capitalize on. I remember a long time ago ultimatesearch took one of our unused domains... luckily it was a shitty one but funny to know how big of a reward they got for what they have been doing.

                                                        Comment

                                                        • KRL
                                                          Entrepreneur
                                                          • Oct 2002
                                                          • 31429
                                                          #15
                                                          Originally posted by Pornwolf
                                                          Since the deal has already been done, what play would that be great sensei?
                                                          Like I'm gonna post a technique on that level on GFY for free. Not. That kind of investment banking / M&A strategy costs big bucks.
                                                          If you would like to develop your domains, you can lease inexpensive foreign labor
                                                          from the leaders in the field at iWebmasters.com TO LOWER YOUR COSTS AND INCREASE YOUR PRODUCTION!
                                                          *** *** *** *** *** *** *** *** *** *** *** ***
                                                          Domains Adult News KRL's Newsletter Biz Tips Just Listed Domains

                                                            Comment

                                                            • sextoyking
                                                              Confirmed User
                                                              • Dec 2001
                                                              • 6034
                                                              #16
                                                              Originally posted by slavdogg
                                                              Come Kevin, you're saying that like $160mil is not a lot of money or as if there is anyone else stepping up to the plate to pay that kind of multiples for a domain portfolios.

                                                              None of his names were prime domains, or great domains, or big one worders. Now Lets put the 80/20 rule up. If 20% of his domains made him 80% of the money that leaves about 80,000 out there which are nearly worthless by themselves. How long would it take him to sell 20k names and get close to $150mil ? THan lets factor in time and energy ??

                                                              Now lets forget all i just said
                                                              $160mil in a bank accnt, making at least $10mil a year from bonds and other tax free investments. That sounds like a pretty good deal.

                                                              Time will tell if it was a good buy or a sell but for know Yun Ye made off like a bandid.
                                                              ----------

                                                              Well said Slav
                                                              ICQ: 52344098
                                                              --------------------------------------
                                                              50% Commissions on all Product Sales. http://www.wishing.com/money

                                                                Comment

                                                                • Pornwolf
                                                                  Drunk and Unruly
                                                                  • Jan 2002
                                                                  • 22712
                                                                  #17
                                                                  Originally posted by KRL
                                                                  Like I'm gonna post a technique on that level on GFY for free. Not. That kind of investment banking / M&A strategy costs big bucks.
                                                                  Awww maaaaaan! Well, I will call you for private council when I buy domain number 99,999. Don't worry, it will be a while before I call you because I'm only at 211 now.
                                                                  I've trusted my sites to them for over a decade...

                                                                  Webair, bitches.

                                                                    Comment

                                                                    • slavdogg
                                                                      Confirmed User
                                                                      • Jan 2001
                                                                      • 3570
                                                                      #18
                                                                      Originally posted by Pornwolf
                                                                      Since the deal has already been done, what play would that be great sensei?
                                                                      deal has not been done yet
                                                                      Marchex has 6 months to come up with funding
                                                                      only an intent of sale letter was signed so far
                                                                      Adult Traffic for Sale

                                                                        Comment

                                                                        • slavdogg
                                                                          Confirmed User
                                                                          • Jan 2001
                                                                          • 3570
                                                                          #19
                                                                          Originally posted by Nima
                                                                          very sweet deal if you ask me... $160+ million is more than enough to capitalize on. I remember a long time ago ultimatesearch took one of our unused domains... luckily it was a shitty one but funny to know how big of a reward they got for what they have been doing.
                                                                          yeah same here, we've let some domains go that ended up with Ult. I've also bought few names from him and sold him a name.
                                                                          Adult Traffic for Sale

                                                                            Comment

                                                                            • slavdogg
                                                                              Confirmed User
                                                                              • Jan 2001
                                                                              • 3570
                                                                              #20
                                                                              Originally posted by KRL
                                                                              Like I'm gonna post a technique on that level on GFY for free. Not. That kind of investment banking / M&A strategy costs big bucks.
                                                                              KRL wouldnt that same technique make more money if one has $160mil in their pocket to start with?
                                                                              Adult Traffic for Sale

                                                                                Comment

                                                                                • KRL
                                                                                  Entrepreneur
                                                                                  • Oct 2002
                                                                                  • 31429
                                                                                  #21
                                                                                  Originally posted by slavdogg
                                                                                  KRL wouldnt that same technique make more money if one has $160mil in their pocket to start with?
                                                                                  No, it would have worked without this sale happening first.
                                                                                  If you would like to develop your domains, you can lease inexpensive foreign labor
                                                                                  from the leaders in the field at iWebmasters.com TO LOWER YOUR COSTS AND INCREASE YOUR PRODUCTION!
                                                                                  *** *** *** *** *** *** *** *** *** *** *** ***
                                                                                  Domains Adult News KRL's Newsletter Biz Tips Just Listed Domains

                                                                                    Comment

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