This week the news broke of two pretty awesome domain sales, Braden Pollock sold Q.org for a whopping $500k taking the #1 spot, and Deposit.com sold for $170,100 (Source – DNJournal). First – go Braden – $500k for a .ORG is incredibly, and Q.org is a great name, he also has more one-character .ORGs so I’m guessing we’ll see more of these sell in the future.
But Deposit.com at $170,100…this one confused me.
In my opinion, Deposit.com is worth a lot more than $170k. This is a incredibly strong online brand that could be used by a wide range of companies in the banking/finance space. I thought this would much more likely go for somewhere in the $350k – $750k range.
Inception.com sold for $550,000 this summer. Also a great name, but I think Deposit.com is better. So while I’m happy for the buyer and looking forward to seeing what they do with it. I think the buyer got one heck of a deal, and I’m scratching my head as to why the owner didn’t hold out for more.
It’s like owning a house in Beverly Hills and selling it for 75% less than all the other homes on the block. You’d have to wonder, what’s wrong with that house. But with a domain, we can all see it, it’s a word followed by .COM, it’s in mint condition, the same as it was the day it was created.
Congrats to both the buyer and the seller, $170k is nothing to sneeze at, still I think Deposit.com is worth a lot more. What do you think? I want to hear from you, comment and let your voice be heard!