How Microryza Acquired the Domain Experiment.com
priceonomics.com
How Microryza Acquired the Domain Experiment.com
1–10 of 89 posts
Re: How Microryza Acquired the Domain Experiment.com
#2I like the Experiment.com brand name so much better, as cool and quirky as Microryza was. Congrats on a good find and sane price!
Re: How Microryza Acquired the Domain Experiment.com
#3> Sure, they got a little lucky because they connected with a domain owner that shared their vision for science.
The fact that the domain wasn't sold since 1996, even when there were better offers from domain flippers during the time, suggests that luck played a much larger role than the statement implies
Re: How Microryza Acquired the Domain Experiment.com
#4article doesn't seem to mention it, but i wonder if the previous owner took some equity or options in the venture.
Re: How Microryza Acquired the Domain Experiment.com
#5article doesn't seem to mention it, but i wonder if the previous owner took some equity or options in the venture.
Author of the article here. No, it was a straight-up cash purchase with no equity involved.
Re: How Microryza Acquired the Domain Experiment.com
#6They have started accepting Dogecoins:
Re: How Microryza Acquired the Domain Experiment.com
#7"The broker would help them find the owners of domain names, negotiate the price, and handle the transaction in exchange for a 10-15% commission of the price of the domain."
The incentives there seem misaligned to me. The person negotiating the price for them gets paid a higher commission if the price ends up being higher?
Re: How Microryza Acquired the Domain Experiment.com
#8I'm actually just about to go through the process of acquiring a somewhat recently dropped domain from BuyDomains.com for my new project. The current asking price for the domain is around $4,000 on their site.
Anyone worked with them before? I'm prepared to negotiate with them but also want to make sure I don't shoot myself in the foot and cause them to raise the price on me. I would ideally like to not spend more than $2k but the domain is really perfect for my project so if we have to bite the bullet then we will...
EDIT: To add more context here, I have purchased the getPROJECTNAME.com and PROJECTNAMEapp.com domains for normal registrar prices. PROJECTNAME.io is also available for the normal price of about $60/yr. So it's not a make or break situation, but since we're in stealth mode for at least another 5 months, I don't want to launch and then all of a sudden face a $40,000 domain acquisition situation rather than a $4,000 one.
Re: How Microryza Acquired the Domain Experiment.com
#9All domains should really cost $1000/year from the registrar at a minimum to stop this idiotic "I'll buy thousands of them and sit on them forever until someone offers me enough for one of them to make the whole enterprise worth it".
Re: How Microryza Acquired the Domain Experiment.com
#10Given that the company relies on word of mouth marketing, the move makes a lot of sense. 'Experiment' is a fantastic name.
My only concern is that such a generic term negatively affects findability. E.g., it makes brand monitoring or web-searching very hard. You won't rise above the noise.
You could address the findability problem by adding a unique token to the name (e.g., 'Experiment42').