Blogster.com sells for $100,000 - and new owner had to ask for an appraisal?

compuXP · 12-16-2005, 02:27 AM

From:
http://www.domaining.ws/domain-sales...lls-for-100000

Quote:

Originally Posted by DNWS

Tony Colan and partner Ed Harrison buy Blogster.com after seeing growth in blogging. Colan says, “We were attracted to the name immediately.”

Already, Colan and Harrison have re-written all the software on the site and re-launched it with more features including image uploading, a nicer interface, and pre-built templates.

Shortly after purchase, Colan posted the domain & site for appraisal on a thread at NamePros. Most, if not all, appraisals were beneath what it sold for.

This transaction and appraisal demonstrates the power of end-user sales.

Wow, cool! ^_^

Taylor Hewitt · 12-17-2005, 06:13 PM

LOL!!! He paid for it shouldn't he know BEFORE he bought it?

Trojanfan · 12-18-2005, 04:57 PM

Wow, can't believe it sold for that much though. Nice pocket change.

Zack · 12-19-2005, 10:55 PM

Really, if I had that much I would buy a Lambo, trick it out, and win even more from car shows. Or I would buy a huge chunk of Google stock.
HTMLGuy

Trojanfan · 12-19-2005, 10:57 PM

LoL, yeah, anything but a site like that

AidenJ · 12-20-2005, 02:55 PM

The reality is almost no domain name is worth some of these high prices. If you were purchasing the entire business, I could see such a price tag. Just for the domain name?

Even with all the domain name speculators out there, you could have found another name to buy for a very small fraction of that price, or else you could have came up with a new one and then spent 50k on advertising and brand marketing.

The end result is you would have likely been in a BETTER position and had $50k more in your pocket.

I have rarely seen any of these high priced domain sales that were a good buy for the buyer. The seller is always walking away the huge winner.

Z_T · 12-27-2005, 01:10 AM

that guy is retarded, put some energy into creating an original domain name for christ's sake!

steveh · 12-28-2005, 12:17 AM

I remember when he posted that apprasial..

Glad he sold it for an end-user price.

Stephen

iluvphp · 12-28-2005, 01:04 AM

hahaha

what a dumass he should have taken the apprasial before he bought it

ssjvegit0 · 12-28-2005, 02:30 AM

All i'm saying is...liquidate your assets, people, that way they can be stolen and you won't realize it till months afterwards. Which, I assume, will let you be happy for 99% of the time till the 1% where you find out you got "jacked" (and not in a good way).

12-17-2005, 06:13 PM	#2
Taylor Hewitt Senior Member Join Date: Dec 2005 Location: Canada Posts: 278	Re: Blogster.com sells for $100,000 - and new owner had to ask for an appraisal? LOL!!! He paid for it shouldn't he know BEFORE he bought it? __________________ Xtreme iTalk!

12-18-2005, 04:57 PM	#3
Trojanfan Member Join Date: Dec 2005 Posts: 150	Re: Blogster.com sells for $100,000 - and new owner had to ask for an appraisal? Wow, can't believe it sold for that much though. Nice pocket change. __________________ Wood Sheds

12-19-2005, 10:55 PM	#4
Zack Junior Guru Join Date: Dec 2005 Location: North Carolina Posts: 759	Re: Blogster.com sells for $100,000 - and new owner had to ask for an appraisal? Really, if I had that much I would buy a Lambo, trick it out, and win even more from car shows. Or I would buy a huge chunk of Google stock. HTMLGuy __________________ yaxal releases '07

12-19-2005, 10:57 PM	#5
Trojanfan Member Join Date: Dec 2005 Posts: 150	Re: Blogster.com sells for $100,000 - and new owner had to ask for an appraisal? LoL, yeah, anything but a site like that __________________ Wood Sheds

12-20-2005, 02:55 PM	#6
AidenJ Regular Member Join Date: Dec 2005 Posts: 103	Re: Blogster.com sells for $100,000 - and new owner had to ask for an appraisal? The reality is almost no domain name is worth some of these high prices. If you were purchasing the entire business, I could see such a price tag. Just for the domain name? Even with all the domain name speculators out there, you could have found another name to buy for a very small fraction of that price, or else you could have came up with a new one and then spent 50k on advertising and brand marketing. The end result is you would have likely been in a BETTER position and had $50k more in your pocket. I have rarely seen any of these high priced domain sales that were a good buy for the buyer. The seller is always walking away the huge winner.

12-27-2005, 01:10 AM	#7
Z_T Regular Member Join Date: Dec 2005 Location: New York Posts: 137	Re: Blogster.com sells for $100,000 - and new owner had to ask for an appraisal? that guy is retarded, put some energy into creating an original domain name for christ's sake!

12-28-2005, 12:17 AM	#8
steveh Newcomer Join Date: Dec 2005 Posts: 5	Re: Blogster.com sells for $100,000 - and new owner had to ask for an appraisal? I remember when he posted that apprasial.. Glad he sold it for an end-user price. Stephen

12-28-2005, 01:04 AM	#9
iluvphp Wish you were here! Join Date: Dec 2005 Posts: 6	Re: Blogster.com sells for $100,000 - and new owner had to ask for an appraisal? hahaha what a dumass he should have taken the apprasial before he bought it

12-28-2005, 02:30 AM	#10
ssjvegit0 Member Join Date: Dec 2005 Posts: 105	Re: Blogster.com sells for $100,000 - and new owner had to ask for an appraisal? All i'm saying is...liquidate your assets, people, that way they can be stolen and you won't realize it till months afterwards. Which, I assume, will let you be happy for 99% of the time till the 1% where you find out you got "jacked" (and not in a good way).

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