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Old 12-17-2004, 05:58 PM   #1
KRL
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Wow!! eBay is buying Rent.com for $415 Million!!!

Rent.com was only launched 36 months ago.

This really shows the power of domains!



Full article link:

http://story.news.yahoo.com/news?tmp...y_rentals_site
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Old 12-17-2004, 06:00 PM   #2
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domain is a small part... sure, its short , sweet, prime, but if their actual website sucked, i dont think ebay would be buying it - and even if they did, the domain would be nowhere near that price




domains dont make the site - the site does.
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Old 12-17-2004, 06:00 PM   #3
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i sale mrizzz.com for 415 million turkish lire if anyone is interested
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Old 12-17-2004, 06:03 PM   #4
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Quote:
Originally posted by Triple 6
domain is a small part... sure, its short , sweet, prime, but if their actual website sucked, i dont think ebay would be buying it - and even if they did, the domain would be nowhere near that price




domains dont make the site - the site does.
Very true
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Old 12-17-2004, 06:04 PM   #5
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Originally posted by MrIzzz
i sale mrizzz.com for 415 million turkish lire if anyone is interested
Sorry, I don't think it's worth that much.
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Old 12-17-2004, 06:05 PM   #6
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Quote:
Originally posted by Triple 6
domain is a small part... sure, its short , sweet, prime, but if their actual website sucked, i dont think ebay would be buying it - and even if they did, the domain would be nowhere near that price




domains dont make the site - the site does.
Very true but KRL will never understand this.
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Old 12-17-2004, 06:05 PM   #7
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Sorry, I don't think it's worth that much.
damn you, now my feelings are hurt
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Old 12-17-2004, 06:05 PM   #8
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eBay is the best. As long as my shares rise.. they can do whatever the hell they want.
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Old 12-17-2004, 06:07 PM   #9
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Rent.com is everywhere when you search for places. Yes, good domain name, but hardly what made this worth the amount.

They partnered with a ton of newspapers to help provide the backend for there rental columns.
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Old 12-17-2004, 06:08 PM   #10
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they bought 'marktplaats.nl' for $325 million ( not sure but it was something like this )

nothing surprise me anymore
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Old 12-17-2004, 06:08 PM   #11
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I was going to say that is nuts just for a domain name. But for the entire thing, it might be a good deal.
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Old 12-17-2004, 06:08 PM   #12
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Quote:
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i sale mrizzz.com for 415 million turkish lire if anyone is interested



I'll take it!

I also want mrizzz.cc !!!
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Old 12-17-2004, 08:16 PM   #13
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"The company said it is profitable and expects revenues in 2004 to total more than $40 million."

They definately had more than just the domain name right.
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Old 12-17-2004, 08:19 PM   #14
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Rent.com is a good domain it was easy to brand the name of course the name rent.com isn't worth 415 million but it sure did help to brand the name that it was short and easy and directly to deal with relestate.....
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Old 12-17-2004, 08:21 PM   #15
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Great pickup and in 3 years it will be worth a Billion...
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Old 12-17-2004, 08:39 PM   #16
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Power of domains my ass. Domains are worthless. It doesn't matter if the domain is rent.com or urent.com or erent.com - they are domain names, plain and simple.

Ebay just paid $415 million for a company that brings in $40 million a year. Sounds like bad business to me.

And we wonder why the dot com bubble burst.
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Old 12-17-2004, 08:44 PM   #17
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Power of domains my ass. Domains are worthless. It doesn't matter if the domain is rent.com or urent.com or erent.com - they are domain names, plain and simple.

Ebay just paid $415 million for a company that brings in $40 million a year. Sounds like bad business to me.

And we wonder why the dot com bubble burst.
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Old 12-17-2004, 08:45 PM   #18
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You are all wrong!
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Old 12-17-2004, 08:48 PM   #19
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Tell us why we are wrong. It seems like extremely bad business to me as well.

For less than 30 million you could start a buy an new domain and take rent.net's entire market position. It wouldn't even take a year.
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Old 12-17-2004, 08:49 PM   #20
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$415million for a domain
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Old 12-17-2004, 08:52 PM   #21
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Quote:
Originally posted by RocHard
Power of domains my ass. Domains are worthless. It doesn't matter if the domain is rent.com or urent.com or erent.com - they are domain names, plain and simple.

Ebay just paid $415 million for a company that brings in $40 million a year. Sounds like bad business to me.

And we wonder why the dot com bubble burst.


"Domains Are Worthless."


I'm going to frame that quote and put it on my wall.




Corporatate america works by making money on brands folks. There are thousands of sites doing the same thing as rent.com.

But they bought rent.com didn't they?

The domain is the fricking brand for christs sake. And its killer.

Hello. Hello. Hello.
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Old 12-17-2004, 08:53 PM   #22
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don't know why you fuckers think this is a good thing, as many of you bought it for them. Where do you think all those closed paypal account balances went?
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Old 12-17-2004, 09:01 PM   #23
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Great pickup and in 3 years it will be worth a Billion...
Exactly!



I'm amazed by the people that don't share this viewpoint on this thread.

"Location. Location. Location."
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Old 12-17-2004, 09:09 PM   #24
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the real value to a domain is the typeins, a name like rent.com generates enormous targeted traffic for free to a high demand industry site, just like casino.com would and does

whoever sold casino.com for $5million should have their head examined

i've never seen rent.com advertisements, i wonder what % of their $40million a year revenue comes from typeins?
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Old 12-17-2004, 09:11 PM   #25
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whoever sold casino.com for $5million should have their head examined

So very true.
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Old 12-17-2004, 09:17 PM   #26
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Okay I guess KRL needs a history lesson.

http://www.men.com

The people that run this site have a great domain *but* they have failed to create a site that anyone would ever visit except as a once-in-a-lifetime type-in for shits and giggles. In short, the domain men.com has been "stained" and it is highly unlikely it can ever recover. It might as well be lajofdkjsdlfjdk.com now.

Of course rent.com is a good domain but just sitting undeveloped, like men.com is now, it would never be worth $415 million. That is the point people are trying to make KRL.
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Old 12-17-2004, 09:22 PM   #27
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Exactly. As I said, any topical domain could be developed for less than 10% of what they paid for Rent.com that would at least halve their marketshare in under a year.

That's what the net's about. Newer, faster, better, cheaper! The next site that looks better and and is brand spanking new with proper funding will scrub the floor with rent.com. Only a fool would pay that kind of money for it.

The last deal where the guy sold his 100,000 domains for $164 mil made waaay more sense than this.
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Old 12-17-2004, 09:23 PM   #28
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Okay I guess KRL needs a history lesson.

http://www.men.com

The people that run this site have a great domain *but* they have failed to create a site that anyone would ever visit except as a once-in-a-lifetime type-in for shits and giggles. In short, the domain men.com has been "stained" and it is highly unlikely it can ever recover. It might as well be lajofdkjsdlfjdk.com now.

Of course rent.com is a good domain but just sitting undeveloped, like men.com is now, it would never be worth $415 million. That is the point people are trying to make KRL.
krl could invest a million into men.com and easily take it public somewhere down the road and bank potentially hundreds of millions or more

in the meantime i'm sure he is making money just off typeins, the beauty of online real estate is that you can sit on it while it produces 'rent' and you have no minimal 'maintenance' expenses (ie. hosting) and your property taxes are the cost of annual registration.

if you have the money (and not many people do since you normally can't finance a domain name), there is no better investment right now imo then a premier mainstream .com
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Old 12-17-2004, 09:23 PM   #29
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But they bought rent.com didn't they?

The domain is the fricking brand for christs sake. And its killer.

Hello. Hello. Hello.
I disagree. Sure, domain names are powerful in the sense of branding, but I don't think it played a big role in this transaction. eBay is not in the domain business They are WAY past that stage. Fortunately for Rent.com, they not only have a great domain, but are also very promising financially.

You need to look beyond the domain. Although there are 50 other apartment-search websites, Rent.com is undoubtly the market leader. All the other services, when compared to Rent.com, are pretty much useless. The only real competitor is apartments.com.

It just happened to be that eBay chose Rent.com over all the others. It could have been their financial figures, relationship with the management team, etc.

But I don't think Meg Whitman said to the board: "guys, it's a 4-character domain, WE MUST GET A HOLD OF IT! $415 MILLION IS GOOD FOR YOU?!"

OBVIOUSLY it was easier for Rent.com to gain popularity over sites with domains such as FindAnApartmentNow.com or GreatApartments4RENT.com.

Like I said before, a domain name brings you attention, but only a good innovative service/product will bring the retention you need to hit it big.

You've got Porno.com. God knows how much you paid for it ($1.5M I'd assume?) So people type it in, what, 1000 times a day? I bet none of them comes back! EVER! All they get right now is a screen that reminds them the spyware that took over their computer last month True, your domain does have a value, and you could probably sell it for $3M with no problems these days. I'm glad you're finally doing something with it, and I hope to see it live soon. With a great service/product you could be sitting on a cash cow that generates $1M+ a year pre-tax.
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Old 12-17-2004, 09:24 PM   #30
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Originally posted by ricks
krl could invest a million into men.com and easily take it public somewhere down the road and bank potentially hundreds of millions or more

in the meantime i'm sure he is making money just off typeins, the beauty of online real estate is that you can sit on it while it produces 'rent' and you have no minimal 'maintenance' expenses (ie. hosting) and your property taxes are the cost of annual registration.

if you have the money (and not many people do since you normally can't finance a domain name), there is no better investment right now imo then a premier mainstream .com
Sorry but men.com is dead in the water. He might as well re-direct it to a free email program now.
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Old 12-17-2004, 09:26 PM   #31
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Men.com is a more viable domain than rent.com. With a domain like men.com you can own a men related niche. With rent.com you will always be a competitor waiting to be crushed.
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Old 12-17-2004, 09:27 PM   #32
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Sorry but men.com is dead in the water. He might as well re-direct it to a free email program now.
i know that krl would get at least double what he paid if he sold it today as a quick sale

the internet is in its infancy
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Old 12-17-2004, 09:27 PM   #33
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Men.com is a more viable domain than rent.com.
It used to be.
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Old 12-17-2004, 09:28 PM   #34
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krl could invest a million into men.com and easily take it public somewhere down the road and bank potentially hundreds of millions or more

in the meantime i'm sure he is making money just off typeins, the beauty of online real estate is that you can sit on it while it produces 'rent' and you have no minimal 'maintenance' expenses (ie. hosting) and your property taxes are the cost of annual registration.

if you have the money (and not many people do since you normally can't finance a domain name), there is no better investment right now imo then a premier mainstream .com
Excuse me, but this is 2004, not 1999 You can't just take a domain name for an IPO. No one will look at you if all you have is a 3-char domain with a men's portal full of ads. You need a TRUE SERVICE / PRODUCT. Domains DO have value, but as the years pass by, they must also come with a real service/product/company/vision/income/future/uniqueness.
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Old 12-17-2004, 09:29 PM   #35
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i know that krl would get at least double what he paid if he sold it today as a quick sale

the internet is in its infancy
No doubt about it. But you can double your money all day long in the stock market (WYNN, SIRI, GG)

With a bunch of good domains you could build an empire if you actually sell or offer a unique service.
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Old 12-17-2004, 09:29 PM   #36
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Men.com is a more viable domain than rent.com.
i disagree, men.com is a great domain, but it would require a far more significant investment to develop into a money maker, far more risk as rent.com is a cant miss profitable business on day1 with decent back end software it runs itself
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Old 12-17-2004, 09:30 PM   #37
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Sorry but men.com is dead in the water. He might as well re-direct it to a free email program now.
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Old 12-17-2004, 09:31 PM   #38
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It used to be.
Aww c'mon now Twisty. I don't remember what was on Men.com before KRL bought it and I honestly haven't paid attention to what's going on now. I'm sure that whenever he finds a solid path for the domain to follow it has a good chance of becoming IPO-able.
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Old 12-17-2004, 09:31 PM   #39
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Men.com is a more viable domain than rent.com. With a domain like men.com you can own a men related niche. With rent.com you will always be a competitor waiting to be crushed.
But if you waste all your money on domains, your competitor with MenOnly.com will spend $2M on good PR and eat you alive
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Old 12-17-2004, 09:32 PM   #40
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Aww c'mon now Twisty. I don't remember what was on Men.com before KRL bought it and I honestly haven't paid attention to what's going on now. I'm sure that whenever he finds a solid path for the domain to follow it has a good chance of becoming IPO-able.
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Old 12-17-2004, 09:33 PM   #41
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Back in 1999 a domain like men.com would speak for itself. Nowadays domains mean shit to people outside of the "internet real estate" community. People are fed up with sites referring to dummy search engines and other crap.
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Old 12-17-2004, 09:34 PM   #42
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Excuse me, but this is 2004, not 1999 You can't just take a domain name for an IPO.
ebay has the business sense to take rent.com to the next level
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Old 12-17-2004, 09:35 PM   #43
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ebay has the business sense to take rent.com to the next level
And you think they want "internet real estate"? LOL. They just want in on the online real estate business and rent.com was an easy step. They don't give a shit about the domain. All they want is 100,000 registered users and 2000 press releases
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Old 12-17-2004, 09:36 PM   #44
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I think this is one of the rare threads where every post has a bit of truth in it.
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Old 12-17-2004, 09:37 PM   #45
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I think this is one of the rare threads where every post has a bit of truth in it.
Wait. I just realized it too. Guys - WE HAVE A REAL DISCUSSION HERE.
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Old 12-17-2004, 09:38 PM   #46
UniversalPassLorence
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Ebay is a power house with great potentials. I own their stock and may buy more in the near future
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Old 12-17-2004, 09:40 PM   #47
azguy
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Quote:
Originally posted by UniversalPassLorence
Ebay is a power house with great potentials. I own their stock and may buy more in the near future
I own it since early 2001. Mad appreciation and a long-term capital gain
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Old 12-17-2004, 09:41 PM   #48
azguy
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Quote:
Originally posted by azguy
I own it since early 2001. Mad appreciation and a long-term capital gain
Hmm, almost 500%. HEHE. Bubble my ass.
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Old 12-17-2004, 09:43 PM   #49
Funky Bastard
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You build one make alot of money have a track record like ebay then you repeat and do it all over agine ebay also buy's the competition. Unlike porno.com krl is going to work on 4 or 5 site's at the same time with no track record or mabe he has one I dont know but I just dont see buying all these fancy domains with one goal in mind profit profit profit I mean come on he's asking people on here for logo design that say's to me he does not have a plan and it's all lose if you have a plan you would all ready have all that worked out he's just playing a game! This is just what I think wrong or right?
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Old 12-17-2004, 09:47 PM   #50
twistyneck
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Quote:
Originally posted by HKS
You build one make alot of money have a track record like ebay then you repeat and do it all over agine ebay also buy's the competition. Unlike porno.com krl is going to work on 4 or 5 site's at the same time with no track record or mabe he has one I dont know but I just dont see buying all these fancy domains with one goal in mind profit profit profit I mean come on he's asking people on here for logo design that say's to me he does not have a plan and it's all lose if you have a plan you would all ready have all that worked out he's just playing a game! This is just what I think wrong or right?
You are correct. KRL seems to be a nice guy but he isn't living up to his full potential. Another way to look at it is that he has a lot of room to grow as a businessman.
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