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-   -   Wow!! eBay is buying Rent.com for $415 Million!!! (https://gfy.com/showthread.php?t=404500)

azguy 12-17-2004 09:33 PM

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.

ricks 12-17-2004 09:34 PM

Quote:

Originally posted by azguy
Excuse me, but this is 2004, not 1999 :1orglaugh You can't just take a domain name for an IPO.
ebay has the business sense to take rent.com to the next level

azguy 12-17-2004 09:35 PM

Quote:

Originally posted by ricks
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 :)

Pornwolf 12-17-2004 09:36 PM

I think this is one of the rare threads where every post has a bit of truth in it.

azguy 12-17-2004 09:37 PM

Quote:

Originally posted by Pornwolf
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. :1orglaugh

UniversalPassLorence 12-17-2004 09:38 PM

Ebay is a power house with great potentials. I own their stock and may buy more in the near future :thumbsup

azguy 12-17-2004 09:40 PM

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 :thumbsup
I own it since early 2001. Mad appreciation and a long-term capital gain :)

azguy 12-17-2004 09:41 PM

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.

Funky Bastard 12-17-2004 09:43 PM

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?

twistyneck 12-17-2004 09:47 PM

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.

azguy 12-17-2004 09:47 PM

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?
Well, I'm sure he has his business plan figured out and he will definitely make money out of it. I agree that there's potential to do it differently and make even more :) We chose a different path. Instead of spending big $$ on domains, we simply spent big BRAIN on a killer technology that I honestly do not know how people live without it :) So who needs the best domain in the world when Wired Magazine already shows interest in being the first to write about it? :thumbsup :thumbsup

eddie-executive 12-17-2004 09:51 PM

Domains ,domains, domains:1orglaugh

Everyone thinks they know the value of a domain there is so many opinions its crazy.

There is so many companies that paid $8-$35 for a domain and are major companies now. The 3 top travel sites is a good example Expedia, Orbitz, and Travelocity. Did they pay millions for a domain name?:1orglaugh

So many people build a business around a domain which is wrong in my mind. Get your business plan ready and build the site and get everything perfect, then find a name. Customers go to your site because of your service and what you have to offer they dont care about the name.

men.com was bought and then the site was built and it still isn't finished. Do you wipe your ass before you shit?:1orglaugh

Alex 12-17-2004 09:58 PM

i do agree anything over a several thousand dollars is a waste for a domain name.

And in KRL's case he has sat on men.com for too long, but im sure if he has the money to buy it he has enough to make it a profitable site in the future so i will not critisize.

What EBAY bought is a 40million a year profit site which means they get make their investment in ten years. But with some creative tweaking they can make it back in just a few. A domain wasnt bought here, a 40million dollar a year business with great potential to grow, thats what was bought

azguy 12-17-2004 09:59 PM

Quote:

Originally posted by eddie-executive
Domains ,domains, domains:1orglaugh

Everyone thinks they know the value of a domain there is so many opinions its crazy.

There is so many companies that paid $8-$35 for a domain and are major companies now. The 3 top travel sites is a good example Expedia, Orbitz, and Travelocity. Did they pay millions for a domain name?:1orglaugh

So many people build a business around a domain which is wrong in my mind. Get your business plan ready and build the site and get everything perfect, then find a name. Customers go to your site because of your service and what you have to offer they dont care about the name.

men.com was bought and then the site was built and it still isn't finished. Do you wipe your ass before you shit?:1orglaugh

:thumbsup :thumbsup

Let me just add a line I follow since 96: A domain name brings attention, a good service/product brings RETENTION :)

azguy 12-17-2004 10:02 PM

Quote:

Originally posted by kaliboy2g

What EBAY bought is a 40million a year profit site which means they get make their investment in ten years. But with some creative tweaking they can make it back in just a few. A domain wasnt bought here, a 40million dollar a year business with great potential to grow, thats what was bought

Not even that. They bought their first step into the online real estate market. $40M a year in revenue is just a bonus :) I bet Rent.com also has a very loyal customer base that will be happy to now become part of the eBay family. Next they will add p2p rentals (okay, sublets) and take over the world! :1orglaugh

eddie-executive 12-17-2004 10:05 PM

Quote:

Originally posted by azguy
:thumbsup :thumbsup

Let me just add a line I follow since 96: A domain name brings attention, a good service/product brings RETENTION :)

Nice:thumbsup

azguy 12-17-2004 10:09 PM

Quote:

Originally posted by eddie-executive
Nice:thumbsup
I should trademark it

49thParallel 12-17-2004 10:12 PM

Might as well throw in my opinion as well...

The sale of Rent.com for $415 million bears no similarities to the dot.com boom of the 90's. To those who don't remember, this was a period when companies were sold for lavish amounts, based soley on their connection to the up and coming internet craze. Many of them didn't even have a product developed, or even a solid business plan..just an idea. But their connection to the internet made investors swarm on them like bears to honey.

rent.com, on the other hand. is a fully developed company, with a very strong network of alliances. Sure, it's on the net, but the value of the company lies in it's profitability and the alliance network mentioned previously.

And, as far as price goes, although there are a huge number of other factors involved, it is common practice to determine a companies present value based on current revenue times a base of 10 years.

Further, a good investment of this type can dramatically increase the value of the purchasing company's stocks, therefore inflating the value of the purchase beyond the actual purchase price.

Or, the whole decision may have been made in eBay's CEO's bath tub, while he pulled on his pecker and hummed to Conway Twitty...

azguy 12-17-2004 10:14 PM

Quote:

Originally posted by 49thParallel
Might as well throw in my opinion as well...

The sale of Rent.com for $415 million bears no similarities to the dot.com boom of the 90's. To those who don't remember, this was a period when companies were sold for lavish amounts, based soley on their connection to the up and coming internet craze. Many of them didn't even have a product developed, or even a solid business plan..just an idea. But their connection to the internet made investors swarm on them like bears to honey.

rent.com, on the other hand. is a fully developed company, with a very strong network of alliances. Sure, it's on the net, but the value of the company lies in it's profitability and the alliance network mentioned previously.

And, as far as price goes, although there are a huge number of other factors involved, it is common practice to determine a companies present value based on current revenue times a base of 10 years.

Further, a good investment of this type can dramatically increase the value of the purchasing company's stocks, therefore inflating the value of the purchase beyond the actual purchase price.

Or, the whole decision may have been made in eBay's CEO's bath tub, while he pulled on his pecker and hummed to Conway Twitty...

Well said.

Hey, she might have visited GFY recently and saw how hot the domain market is these days :1orglaugh :1orglaugh

brizzad 12-17-2004 10:16 PM

Quote:

Originally posted by MrIzzz
i sale mrizzz.com for 415 million turkish lire if anyone is interested
i think i can spare 17 american dollars for that domain

KRL 12-17-2004 11:08 PM

Quote:

Originally posted by azguy
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?!" :1orglaugh :1orglaugh

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.


You've got everything wrong on this.

KRL 12-17-2004 11:12 PM

Quote:

Originally posted by twistyneck
Sorry but men.com is dead in the water. He might as well re-direct it to a free email program now.
:1orglaugh :1orglaugh :1orglaugh :1orglaugh :1orglaugh



You're right behind Juicy now for the ability to make me laugh.

I actually like you now. Seriously.

:thumbsup

KRL 12-17-2004 11:14 PM

You don't need a great domain to make a great site.

But you do need a great domain to make a site great.

Screaming 12-17-2004 11:15 PM

damn right man domains are worth more then most property

Sly 12-17-2004 11:18 PM

Quote:

Originally posted by KRL
You don't need a great domain to make a great site.

But you do need a great domain to make a site great.

Amazon wasn't a great domain until it was branded as one.

Brandability. You preach this yourself. Your above statement doesn't follow suit.

How you think the purchase of rent.com is due solely to its "great domain" is completely beyond me. The domain was only part of it. The BRANDING is what gave it true value.

Odin88 12-17-2004 11:22 PM

Quote:

Originally posted by Sly
Amazon wasn't a great domain until it was branded as one.

Brandability. You preach this yourself. Your above statement doesn't follow suit.

How you think the purchase of rent.com is due solely to its "great domain" is completely beyond me. The domain was only part of it. The BRANDING is what gave it true value.

www.google.com

Sly 12-17-2004 11:24 PM

Quote:

Originally posted by Odin88
www.google.com
Google is a fantastic domain! Oh my God! If I would have registered that 10 years ago I would be rich!

KRL 12-17-2004 11:41 PM

Quote:

Originally posted by Sly
Google is a fantastic domain! Oh my God! If I would have registered that 10 years ago I would be rich!
Did you ever read how they picked Yahoo?

:1orglaugh :1orglaugh :1orglaugh

quiet 12-17-2004 11:42 PM

Quote:

Originally posted by KRL
Did you ever read how they picked Yahoo?

:1orglaugh :1orglaugh :1orglaugh

yet another...

Odin88 12-17-2004 11:43 PM

Quote:

Originally posted by Sly
Google is a fantastic domain! Oh my God! If I would have registered that 10 years ago I would be rich!
I was backing you up, so you know. Your sarcasm makes me think you missed that.

JulianSosa 12-17-2004 11:49 PM

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.

Ya Ebay executives are clueless they have no idea how to make money on the net. They should have just bought a mustang or 3

KRL 12-17-2004 11:50 PM

Quote:

Originally posted by JulianSosa
Ya Ebay executives are clueless they have no idea how to make money on the net. They should have just bought a mustang or 3
:1orglaugh

azguy 12-17-2004 11:58 PM

Quote:

Originally posted by KRL
You don't need a great domain to make a great site.

But you do need a great domain to make a site great.

You need a 'good' domain. Places4Rent.com is bad, but rentnow.com is still very good if you have a quality service.

KRL 12-18-2004 12:02 AM

Quote:

Originally posted by azguy
You need a 'good' domain. Places4Rent.com is bad, but rentnow.com is still very good if you have a quality service.
We're just having fun AZ. I know darn well you don't need fancy domains to pop a hit on the Net.

Peace.

:thumbsup

candyflip 12-18-2004 12:04 AM

I just registered MENRENT.COM

Can I get $416 million for it?

Two great names in one.

azguy 12-18-2004 12:05 AM

Quote:

Originally posted by KRL
We're just having fun AZ. I know darn well you don't need fancy domains to pop a hit on the Net.

Peace.

:thumbsup

So the fun is over? :banana

TheMob 12-18-2004 12:05 AM

fucking pocket change for ebay.

azguy 12-18-2004 12:06 AM

Quote:

Originally posted by candyflip
I just registered MENRENT.COM

Can I get $416 million for it?

Two great names in one.

:1orglaugh :1orglaugh

JulianSosa 12-18-2004 12:11 AM

Quote:

Originally posted by TheMob
fucking pocket change for ebay.

DING DING we have a winner.

Think about how much that 40m a year will increase when Ebay promotes it and ties it into there network. Maybe combine it in ebay listings, maybe combine it with craigslist. etc listings ?

Anyone that thinks Ebay is stupid and has no plan for the rent.com business and domain will most likely be driving a mustang for the rest of there lives..

Happy Holidays to you ALL

Satisfaction 12-18-2004 12:23 AM

thats crazy shit... cant believe that..


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