The domain name world has been buzzing with some pretty incredible news, Go Daddy brokered the domain name Voice.com for a whopping $30M. Now I know what you might be thinking. Was this just the domain name itself or was there a complete business on it generating on ton of revenue.
No business, just the domain.
So now I know what you’re thinking next. Well then it can’t have been an all cash deal.
It was an all cash deal.
At this point I’m sure you want to hear more about the buyer and thanks to Andrew from DomainNameWire.com, there’s now a short Q&A with MicroStrategy (the company that sold the domain) on why they felt $30M was the right price.
In the Q&A MicroStrategy doesn’t go into great detail as to why they felt that Voice.com specifically was worth $30M, instead they said that overall they feel that previous domain sales have undervalued domains. As a domain investor…I’m not going to argue with them, if they think all our sales our too low, more power to them.
This of course begs the question – after this sale are we going to see people increase pricing on their .COM domains, especially premium .COM domains like this?
The timing for this sale couldn’t be better since Domain Investors from around the world are all together in Europe now. I’m looking forward to talking with people about this over the next couple of days to hear everyone’s opinion.
Either way, congrats to the buyer, seller, and way to go Go Daddy on brokering a record-breaking sale. Is this a good omen for NamesCon Europe, I’d say so!