The trademark typo domain, Linkdin.com just sold on SnapNames.com today for $22,000.
$22K
There were 50 people in the auction but there were 10 active bidders (bidders that put in a bid above the minimum).
Its amazing in this day and age there are so many people willing to pay this kind of money for a domain that would be taken in a UDRP if a complaint is filed.
Yes I know the domain has traffic, but its a bang on typo trademark domain with no other conceivable meaning.
No Bueno.
Its not that amazing to the people who live outside of the USA, can forward the name to a Google or Yahoo feed who will gladly pay for the traffic and never be subject to a judgement or fine 🙂
I suspect the logic is if it make $XX+ a day for at least 10-12 months its a good buy. Move it to India etc and play a game should a C&D come the first few months and so on. Its a calculated move, have no doubt. If it turns out to be a real cash cow it may even be worth taking to court /appeal/ defend, no joke, buys a lot more time and may only cost the owner $XXXX to make $XXXXX more as there will never truly be a defense.
This is just what I hear 🙂
btw not agreeing with the practice, I rather sleep well at night, if you don’t deal with stree well it isnt a good venture lol
Furthermore we can all scream how terrible it is but most of those big guys at confrences fund their business like this, just look at a dnj photo archive and find 20.
Alan
Theoretically linkedin.com could file a udrp next week and the domain would be gone in less than 60 days.
True
I agree with Josh. We can all scream who high-and-mighty we want to be, but 99% of domainers squat. I imagine if someone wants to avoid getting caught, they can avoid it pretty easily, even with a UDRP against them.
@Josh
At $XX per day for an year, on an average of $50.00 a day comes to ~18K. Still doesn’t make sense.
This domain will make $100 + easily on any given day 😉
I cant believe that, how come some people stupid like that!!!
yes, they are/seem burned money, but, probably, they have a plan to earn more than $22,000 with it, BEFORE the domain will be taken for free by linkedin.com
@acem why only $50 a day lol
Why is this news? This happens all the time on namejet and snapnames. And now everyone is acting innocent. Josh “sleeps well at night” – That’s a laugh, considering your reputation.
Im reborn, happened just today. btw it could also be why I sleep well at night so I may unconvert.
Nobody is questioning why it was dropped ? can you say . . . Hot potato
i honestly wonder if each and every one of these “sales” that are so often mentioned here and on other sites are actually *consummated*. this is not exactly sothebys. what happens if things do not move forward after the “sale”? with an illegitimate domain name like this one, would the buyer even consider trying to enforce the sale? one could argue it should be void for illegality or policy reasons. i’m sure others have asked this sort of question, but i have not seen any answers. and i see list after list of these purported “sales”. personally, given the circumstances of some, perhaps most, of these transactions (e.g. anonymous buyer and seller who may never see each other face to face) i think there needs to be a further level of verification than simply the inherently self-interested statements of the auctioneer. show me some documentary proof that “$22K” or at least the ownership of the domain name has in due course passed from party A to party B (might they be the same party? how can we know?). otherwise i file these lists of sales under spurious/hype.
note i am *not* questioning every sale (certainly some, and maybe all, are consummated), but i am questioning the ability to easily *confirm* the consummation of any given sale. caveat emptor.
if the domain’s owner is an expert domainer surely hasn’t paid so much without be sure to earn a profit in some ways
Daryl
I personally don’t see typo trademarks domain selling for $20K “everyday” on Namejet or Snap.
I see them rarely sell at that price and that’s why its news.
If you know of other recent such sales that you followed feel free to post a few.
Xorgate
On Snapnames.com or namejet.com if the sale is not completed because the buyer fails to pay they re-auction off the domain.
It seems to happen on NameJet.com more then Snap IMHO.
In snaps case well less than .1% of the auctions I’m involved with
On namejet.com I would say 5-10% maybe of domains that sell for $10K or more
Great name for a social networking site for cybersquatters.
It’s like those online “sex offender” registries.
Am I the only person who realizes that public sex offender registries allow all of the child molesters to hook up and organize?
Figure… Joe X is busted for possession of child pornography. The sex offender registry lets him find Jim Y in order to share material and tips on not getting caught.
thanks mhb.
you wrote: “the seller fails to pay”
did you mean if the *buyer* fails to pay?
i am not a participant in these auctions and it appears i was missing something obvious. you’ve given me an idea for some new research.
Dudes what is for me 22 K is like 2 bucks for you, so do not try to understand this biz because you are somewhere else and you will not get it anyway, K ? and thanks
This domain will make $100 + easily on any given day 😉
If a complaint is filed they can always say LinkDin.com is a “norwegian” domain which translates into “Link Your Dot Com” 🙂
I have foursquare.com typos. There are many Foursqaure websites. I’d sell. Wonder what it would fetch.