$350,000 actually seems like a good value for that domain name when you consider how memorable / brandable it is. I've bought a couple of 5 figure domain names for marketing projects and if you're building around PR / word of mouth or direct response (tv / radio) marketing a great domain is worth its weight in gold. Smart move IMO and you can see the list of top 10 sales in 2010 here to compare value wise where it fe…
Color.com Was Acquired For $350,000 (The Domain Name, That Is)
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Re: Color.com Was Acquired For $350,000 (The Domain Name, That Is)
#22Re: Color.com Was Acquired For $350,000 (The Domain Name, That Is)
#23$350,000 actually seems like a good value for that domain name when you consider how memorable / brandable it is. I've bought a couple of 5 figure domain names for marketing projects and if you're building around PR / word of mouth or direct response (tv / radio) marketing a great domain is worth its weight in gold. Smart move IMO and you can see the list of top 10 sales in 2010 here to compare value wise where it fe…
Upvoted for hard data. Strange, though, that out of the most valuable 10 domain names, I don't recognize any as being at the top of their industry. I wonder if they got their money's worth. At least it's a fungible asset unlikely to depreciate. You'd have to do extraordinarily awful as a business to significantly lower the value of your domain name.
Re: Color.com Was Acquired For $350,000 (The Domain Name, That Is)
#24Re: Color.com Was Acquired For $350,000 (The Domain Name, That Is)
#25Sequoia had made an investment based (on among other things) what they consider to be a very strong founding team.
If they are right and if this investment has a high ROI, great for Color and for Sequoia.
If they are wrong, this investment will be a money-loser (like most other VC investments out there). In the meanwhile, I do wish that people stop beating up on Color.
Re: Color.com Was Acquired For $350,000 (The Domain Name, That Is)
#26Re: Color.com Was Acquired For $350,000 (The Domain Name, That Is)
#27Earlier quoted context omitted.
Was your offer unsolicited? I would guess that an unsolicited offer for a poorly performing site would lead to some good deals on domains. From one of you prev posts, it sounds like fab.com was a social network that didn't take off.
I bought fab.com from a domain hoarder in 2010. It had been unused for many years prior. The fab.com social network was run by us after purchasing the domain. We ran the SN under that name for a few months before deciding to change courses using the same domain name.
I'm guessing, looking at your level of funding when you bought it, that you got a better deal than color/colour.com for a better, more brandable name
Re: Color.com Was Acquired For $350,000 (The Domain Name, That Is)
#28As someone who isn’t good at SEO, is the name and domain going to be good or bad for the company? I tried to find the app on the iTunes search result list and gave up (until I found a direct link).
the itunes placement seems like a wiser place to spend their money at this point, but really with $41MM i guess they can spend it everywhere all at once if they like.
Re: Color.com Was Acquired For $350,000 (The Domain Name, That Is)
#29As someone who isn’t good at SEO, is the name and domain going to be good or bad for the company? I tried to find the app on the iTunes search result list and gave up (until I found a direct link).