A few weeks we wrote about the Canadian rock band that found themselves holding one of the most valuable domain names in the world, certainly one of hottest, TeaParty.com
The domain name story was so hot that TheDomains.com briefly appeared on CNN.com, when they covered the story
According to a press release out today Sedo.com has landed the exclusive brokerage for the domain.
From the press release:
“”Currently owned by Canadian rock band The Tea Party, the site was developed in the ’90s to educate fans about upcoming tour dates and other details for fans about the band.””
“”Over two decades years later, as the United States heads into the 2012 elections, the domain has gained significant relevance, and has already generated substantial interest from a wide range of political groups. The band has also received considerable international interest and garnered press coverage from the likes of Businessweek, Time and The Guardian on pure speculation that they were thinking of entertaining offers for the domain name.””
“””We were floored by the worldwide press and interest in our domain name teaparty.com that soon followed the initial story in Businessweek. After being overwhelmed by the multiple offers that were arriving daily, we thought it was prudent to seek out the best brokerage to help represent the band, and Sedo was the clear choice,” said Stuart Chatwood, bass player of The Tea Party.””
“It’s very rare when a domain name of this value and significance becomes available – especially one that is so timely and relevant,” said Kathy Nielsen, director of sales at Sedo. “With the election season right around the corner, TeaParty.com provides the right investor with very significant marketing and revenue opportunities very few domain names can offer today. We are very pleased to be chosen as the exclusive brokerage firm to represent this domain sale.”
Looks like the .PARTY is getting started
TEA.PARTY
TEA.PARTY.Bobble.Heads.®
For all domainers it would be a wonderful thing to see this name go for nine figures.
It bears noting that here’s a classic example of the Gordon Gekko truism: “Money itself isn’t made or lost, it’s simply transferred from one perception to another.”
And in the realm of domaining, it’s wonderful to see how ever-changing tastes, perceptions, and ideologies can decimate old brands and catapult others – instantaneously -; and shift on-paper wealth just as quickly.
I can’t see Ron Paul supporters creating a money bomb to buy it but maybe Koch industries would be interested.
Hmmm…spend 7-figures for teaparty or spend $5,750 for TPNC dot com (Tea Party National Committee).
After all, the Republican’s site is GOP dot com, not Republican dot com. The Dem’s are Democrats dot org, not DemocratParty dot ….
Bottom line, this domain will not sell for over $50K.
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Interesting.
During the 2008 election, Sedo was pulling election and political domains left and right from its platform and banning them, citing some stupid reason having to do with not wanting to get involved in politics.
I guess “involvement” all depends on the color of your domain (in this case, greenbacks).
Is it any wonder why two-faced Sedo is disliked by so many people?
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@ HornJacker
Ummm…I guess you missed Rick’s post (http://goo.gl/SE7l8) where (in the comments) he’s already offered $1M for this name.
I guarantee that Soros would pay $5M to have this name just to malign the Tea Party…so you’re a bit off in your estimate.
@HornJacker,
Would you care to place a small wager on that?
The Tea Party is nothing more than a political fad, in 2 years people won’t remember who they were or what they were about.
after they sell teaparty.com they can come our way and buy theteaparty.com 😉
I think it’s already too late on this one, as far as top-top dollar. The movement has been pretty much marginalized. No one’s going to spend seven figures on a domain name, just to make a hit site. You can make an effective one of those for way, way cheaper.
I support some of what they stand for, but objectively, the fire just isn’t there now, like it was a couple years back. Kinda like all those people who decided in 2009 that ‘the time’s now right’ to sell their house, asking the price it would’ve sold for had they sold it in 2005.
Rick Schwartz declared teaparty.com was the most valuable domain name in the world.
I mean come on, if anyone doesnt start to understand “the domain king” is just a salesman that got lucky in domains after this declaration then..