One thing I’ve been taught since I’ve been business is not to look at sales, not to look at top line profit, but to look at net profit after all things are paid for. On an income statement profit falls to the bottom but profit has to be used to pay for a lot of things that don’t fall under cost of goods sold or expenses. You have to go to the balance sheet to see how many loans are out, how much inventory is sitting there, etc. Profit still has to pay for stuff.
So when I hear the sales from Mike Mann, the people saying that DropCatch is killing it I take it with a grain of salt. I don’t think Mike Mann has any free cash. I have no proof but I think his money is tied up in assets and his cash flow barely covers bills. Again, no proof. Because I don’t EVER see him mention purchases. Everything he sells was registered years ago.
Dropcatch is certainly catching and selling a ton of names but their ICANN fees are most likely in the neighborhood of $2 million a year . Add in staff and all the other costs and you have to do a lot of sales to break even. Not saying they aren’t killing it. Just saying that their are a lot of behind the scene costs that don’t get talked about.
And you know why? No domain investor likes to talk about losing money. Not a ton of articles about domains sitting in the portfolio that gather dust, renewal fees, and acquisition costs that are generating no returns. Its more interesting to give sales and acquisitions, not profit per year. Some of that being that there probably wasn’t much profit. Of course people don’t like to give out financials because its personal so I get that, just making the point that there is more to the story. Not all bad, just more
Domain of the Day: Slurpy.com Spelled differently than the 7-11 drink. Good brand for anything. Except a slushy
Quote of the Day: ““I find it quite ironic that the most dangerous thing about weed is getting caught with it” Bill Murray
Namejet, Sedo, Snap, and other Names Up for Auction
VirtualComputer.net At $1 with no reserve. Google full of ads for exactly this
BUY.ac $50 away from the reserve. One of the TLDs that Park.io catches
Transcriptions.org Met reserve at $30. 17 years old. Dot com sold for $30K
BUFQ.com LLLL.com with a reserve of $1 . Q for Qatar
Petscape.com Get all your petscaping needs here
LadySlipper.com Actually a flower so could be a brand as well
Godaddy Domains With Multiple Bid
Regretless.com I live my life like a Sharpie. Bold, no mistakes, no regrets bro
WonderBaby.com Obvious Baby line here. Big company on the dot org
TripsOnline.com A bit generic but your visitors know what they are going to get.
UsGuide.com 23 year old domain.
Anonymize.net It’s a dot net but HUGE market for VPN and proxy
9213.cc Yup. NNNN.cc still have a ton of value
Bikeless.com Not sure what to do with this but memorable. Maybe an electric bike
BetterBathroom.com Kitchens and bathrooms are where the money is at. Great name for a construction company
Cloth.org Solid one word .org. I think these have value but definitely harder to resell than a dot com
ILGenetics.com Corn and bean seed company all the way. Trust me, I’m from IL and tons of companies with genetics in the name
InPop.com 1999 birthday. Was a record label that went under
Lambsy.com The feminine form of Lambo
GotBallz.com Yup. Two
GetIntoGolf.org Lots of bids for the backlinks and history
Doktor.org Bidders love it. Me? Meh
LeaveItToUs.com Marketing name. Can see it on the side of a truck for pretty much any service
OfficialRegistry.com Lots of official registries but only one gets the name
PrivateRide.com A classy Uber
TheCryptoCoin.com THE is bitcoin
OldiesRadio.com More people listen to it than you think. The serial shows are fantastic
BFOT.com Under $200 would be a steal IMO
HomeBazaar.com You can thank Harper’s that anyone can spell Bazaar
PickYou.com You better pick me if you want to win
VeganParty.com 3 hours of everyone telling each other they are Vegan
AskMichael.com A new series we’re starting with Michael Cyger
Gaarg.com Decent 5L.com for the price IMO
Godaddy Domains With One Or No Bids
The Rest of the Godaddy Names With Bids
Have a name at auction and need more exposure? Send me an email. We Charge $10 per name per day. We may be able to help. If you have an auction you want to promote, email us for details.*All names chosen by us, Shane and Josh . (ie you click through and purchase a name you like) or an occasional paid listing. Everything we say is based on our own research or is opinion. Do your own due diligence. That means look it up yourself if you don’t think the stats or our opinion is correct. We hand choose the names but we are paid to make this list by both the auction houses, individuals that are auctioning names, and Godaddy affiliate links. Keep that in mind and only buy names that YOU think are good.