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

fünkmaster · 12-06-2004, 06:57 PM

... 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

polish_aristocrat · 12-06-2004, 07:00 PM

Welcome to last week, Taboo already posted about it

Steen2 · 12-06-2004, 07:01 PM

timeline

KRL · 12-06-2004, 07:05 PM

Its only about $2,000 per domain.

He could have gotten way more.

Pornwolf · 12-06-2004, 07:06 PM

Thanks for posting it again. I missed it.

Taboo · 12-06-2004, 07:45 PM

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

marzzo · 12-06-2004, 07:51 PM

Quote:

Originally posted by Pornwolf
Thanks for posting it again. I missed it.

slavdogg · 12-06-2004, 08:17 PM

Quote:

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.

President · 12-06-2004, 08:58 PM

Quote:

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!

KRL · 12-06-2004, 09:01 PM

Quote:

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.

Fred Quimby · 12-06-2004, 09:03 PM

isn't that the chinese guy?

pimpin · 12-06-2004, 09:36 PM

Quote:

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.

Pornwolf · 12-06-2004, 09:39 PM

Quote:

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?

Nima · 12-06-2004, 09:53 PM

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.

KRL · 12-06-2004, 10:27 PM

Quote:

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.

sextoyking · 12-06-2004, 11:45 PM

Quote:

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

Pornwolf · 12-07-2004, 12:15 AM

Quote:

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.

slavdogg · 12-07-2004, 01:43 AM

Quote:

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

slavdogg · 12-07-2004, 01:46 AM

Quote:

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.

slavdogg · 12-07-2004, 01:58 AM

Quote:

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?

KRL · 12-07-2004, 02:21 AM

Quote:

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.

12-06-2004, 06:57 PM	#1
fünkmaster So Fucking Banned Join Date: Nov 2004 Posts: 791	$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

12-06-2004, 07:00 PM	#2
polish_aristocrat Too lazy to set a custom title Join Date: Jul 2002 Posts: 40,377	Welcome to last week, Taboo already posted about it __________________ I don't use ICQ anymore.

12-06-2004, 07:01 PM	#3
Steen2 Confirmed User Join Date: Feb 2004 Location: Vancouver, Canada Posts: 7,662	timeline __________________ ICQ: 2262.73945

12-06-2004, 07:05 PM	#4
KRL Entrepreneur Join Date: Oct 2002 Location: USA Posts: 31,429	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

12-06-2004, 07:06 PM	#5
Pornwolf Drunk and Unruly Join Date: Jan 2002 Location: Hollywood Posts: 22,712	Thanks for posting it again. I missed it. __________________ I've trusted my sites to them for over a decade... Webair, bitches.

12-06-2004, 07:45 PM	#6
Taboo Confirmed User Join Date: Jul 2004 Location: I'd rather be networking than not working. Posts: 3,700	here's the original link and some discussion... http://bbs.gofuckyourself.com/showth...hreadid=393035

12-06-2004, 09:03 PM	#11
Fred Quimby Confirmed User Join Date: Jul 2004 Location: Long Island, NY Posts: 5,430	isn't that the chinese guy? __________________

12-06-2004, 09:53 PM	#14
Nima Confirmed User Join Date: Feb 2003 Posts: 2,192	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.