Hassle.com Bought For $16K on Afternic In September Raises $6 Million

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Back in September 2013, we reported that the domain name Hassle.com was bought on Afternic for $16,000.

Today comes the news via the Term Sheet that:

“Hassle.com, an online marketplace for home-cleaning services, has raised $6 million in Series A funding from Accel Partners. ”

So we are talking about a domain now bought for what now appears to be pennies on the dollar raising $6 Million in first round funding just 8 months after it was acquired.

Something to keep in mind the next time you get an offer on a one word .com’s and short and brandable domains.

I’m sure this is not going to be the last we hear about Hassle.com

 

 

About Michael Berkens

Michael Berkens, Esq. is the founder and Editor-in-Chief of TheDomains.com. Michael is also the co-founder of Worldwide Media Inc. which sold around 70K domain to Godaddy.com in December 2015 and now owns around 8K domain names . Michael was also one of the 5 Judges selected for the the Verisign 30th Anniversary .Com contest.

Comments

  1. Leonard P Britt says

    Think about it for a moment. Investors want to see a handsome ROI and a fairly quick payback. So if investors are putting in $6 million, the idea is deemed to generate $2 million or more annually in after tax cash flow? Domainer investors are either in the wrong business or not getting a fair share…