Wow!! eBay is buying Rent.com for $415 Million!!! - Page 2 - GoFuckYourself.com

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?

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

Domains ,domains, domains

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?

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?

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

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?

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?

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!

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

Quote:

Originally posted by azguy

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

Nice

azguy · 12-17-2004, 10:09 PM

Quote:

Originally posted by eddie-executive
Nice

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

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?!"

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.

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

I actually like you now. Seriously.

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?

quiet · 12-17-2004, 11:42 PM

Quote:

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

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

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.

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.

So the fun is over?

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.

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..

azguy · 12-18-2004, 12:24 AM

Quote:

Originally posted by Satisfaction
thats crazy shit... cant believe that..

e-Walmart

Vitasoy · 12-18-2004, 12:36 AM

Ebay cornering all markets around.

KRL · 12-18-2004, 12:40 AM

Also, don't forget the free publicity they're getting in every major newspaper in the world and every TV news program.

LOL, how ironic CNN talking about it on TV as I'm typing this.

azguy · 12-18-2004, 12:41 AM

Quote:

Originally posted by Vitasoy
Ebay cornering all markets around.

At least they can't touch my market for a long time

azguy · 12-18-2004, 12:42 AM

Quote:

Originally posted by KRL
Also, don't forget the free publicity they're getting in every major newspaper in the world and every TV news program.

LOL, how ironic CNN talking about it on TV as I'm typing this.

I'm telling you, the next big thing will be e-Bay-powered "p2p housing", allowing people to sublet or swap their apts.

azguy · 12-18-2004, 12:42 AM

Quote:

Originally posted by azguy
I'm telling you, the next big thing will be e-Bay-powered "p2p housing", allowing people to sublet or swap their apts.

i.e. A guy from Paris comes to Florida, stays by you, while you visit Paris and crash at his place. Very big thing soon.

azguy · 12-18-2004, 12:43 AM

Quote:

Originally posted by azguy
i.e. A guy from Paris comes to Florida, stays by you, while you visit Paris and crash at his place. Very big thing soon.

And with eBay's feedback feature they already have an established method to determine reliability of people.

KRL · 12-18-2004, 12:46 AM

Quote:

Originally posted by azguy
i.e. A guy from Paris comes to Florida, stays by you, while you visit Paris and crash at his place. Very big thing soon.

Whoa, damn good idea there!!

azguy · 12-18-2004, 12:47 AM

Quote:

Originally posted by KRL
Whoa, damn good idea there!!

Yep

The guy from Craigslist is going to introduce it soon

(hint hint)

KRL · 12-18-2004, 12:47 AM

Quote:

Originally posted by azguy
And with eBay's feedback feature they already have an established method to determine reliability of people.

Your cat is gorgeous.

JulianSosa · 12-18-2004, 12:48 AM

Quote:

Originally posted by azguy
i.e. A guy from Paris comes to Florida, stays by you, while you visit Paris and crash at his place. Very big thing soon.

Craigslist does this all the time.

azguy · 12-18-2004, 12:49 AM

Quote:

Originally posted by KRL
Whoa, damn good idea there!!

This is something that will only work when integrated into a powerhouse such as eBay, as you'll be running into many risks involved in this type of operation (i.e. how do you know the guy from Paris is not a terrorist?). eBay's Feedback system along with PayPal history will allow them to better screen the users.

azguy · 12-18-2004, 12:50 AM

Quote:

Originally posted by JulianSosa
Craigslist does this all the time.

Wait and see

Remember who told you first, huh?

azguy · 12-18-2004, 12:51 AM

Quote:

Originally posted by KRL
Your cat is gorgeous.

Thanks

twistyneck · 12-18-2004, 12:52 AM

Quote:

Originally posted by KRL
Also, don't forget the free publicity they're getting in every major newspaper in the world and every TV news program.

LOL, how ironic CNN talking about it on TV as I'm typing this.

Same thing happened with men.com and look at it now.

azguy · 12-18-2004, 12:55 AM

Quote:

Originally posted by twistyneck
Same thing happened with men.com and look at it now.

What's the deal with men.com? I guess I missed it a while back.

azguy · 12-18-2004, 12:59 AM

AskMen.com is cool. Never heard of them.

KRL · 12-18-2004, 01:00 AM

Quote:

Originally posted by twistyneck
Same thing happened with men.com and look at it now.

KRL · 12-18-2004, 01:01 AM

Quote:

Originally posted by azguy
AskMen.com is cool. Never heard of them.

I don't have 10,000 articles written yet though.

Give me a couple years will ya.

JulianSosa · 12-18-2004, 01:03 AM

Quote:

Originally posted by azguy
Wait and see Remember who told you first, huh?

Yup im sure you hit the nail on the head with this one.

Craigs and Ebay and Rent.com its got to be a huge % of there plan to turn rent.com into a 100m+ a year company.

I dont have or claim to have any experience or knowlege on how massive corporations are run and why they do things. However it is EXTREMELY funny to me to see people post about how they got ripped off.

12-17-2004, 09:51 PM	#52
eddie-executive Confirmed User Join Date: Apr 2003 Posts: 2,061	Domains ,domains, domains 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? 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? __________________ Jealousy... is a mental cancer. ~B.C. Forbes

12-17-2004, 09:58 PM	#53
Alex So Fucking Banned (YEA!!) Join Date: Jun 2004 Posts: 10,963	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 __________________ Care about me? Who? Me! Who?

12-17-2004, 11:14 PM	#63
KRL Entrepreneur Join Date: Oct 2002 Location: USA Posts: 31,429	You don't need a great domain to make a great site. But you do need a great domain to make a site great. __________________ 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

12-17-2004, 11:15 PM	#64
Screaming I can change this!!!!! Join Date: Feb 2004 Posts: 18,972	damn right man domains are worth more then most property __________________

12-18-2004, 12:04 AM	#75
candyflip Carpe Visio Industry Role: Join Date: Jul 2002 Location: New York Posts: 43,064	I just registered MENRENT.COM Can I get $416 million for it? Two great names in one. __________________ Spend you some brain. Email Me

12-17-2004, 10:12 PM	#58
49thParallel So Fucking Banned Join Date: Jul 2002 Posts: 1,197	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...

12-18-2004, 12:05 AM	#77
TheMob Confirmed User Join Date: Jan 2003 Location: 2006 Posts: 8,584	fucking pocket change for ebay.

12-18-2004, 12:23 AM	#80
Satisfaction WootWootCash.com Join Date: Jul 2004 Location: Australia Posts: 10,900	thats crazy shit... cant believe that..

12-18-2004, 12:36 AM	#82
Vitasoy GFY HALL OF FAME DAMMIT!!! Join Date: Oct 2003 Posts: 58,202	Ebay cornering all markets around. __________________ [email protected]

12-18-2004, 12:40 AM	#83
KRL Entrepreneur Join Date: Oct 2002 Location: USA Posts: 31,429	Also, don't forget the free publicity they're getting in every major newspaper in the world and every TV news program. LOL, how ironic CNN talking about it on TV as I'm typing this. __________________ 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

12-18-2004, 12:59 AM	#97
azguy Confirmed User Join Date: Nov 2004 Location: Scottsdale, AZ Posts: 5,167	AskMen.com is cool. Never heard of them.