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Welcome to the The
Lowdown from
DN Journal - your source for notable news
and information from all corners of the global domain name
industry!
The Lowdown
is compiled by DN Journal
Editor & Publisher Ron Jackson. |
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George
Kirikos Uncovers $1.945 Million
Sale of Exodus.com - One of Top 3
Domain Sales Reported Year to Date
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Domain
industry veteran
George Kirikos has a long
history of finding previously
unreported blockbuster domain
sales, often while examining
corporate SEC filings required by
the U.S. government. George
uncovered yet another huge sale
that he reported on his FreeSpeech.com
blog and closely followed Twitter
feed on Sunday (May
30). In a recent
SEC filing (page 21), Kirikos
discovered that Exodus
Movement, a company involved
in the crypto field disclosed that
they had purchased the Exodus.com
domain name for USD
$1,945,000 in the first
quarter of 2021 (that
page shows a rounded down figure
of $1.9 million, but the exact
number was listed directly on
their balance sheet found on page
9 of the filing).
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Image
from Bigstock
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Soon after
George's revelation, MediaOptions.com CEO Andrew Rosener, who
is perennially one of the industry's top brokers, confirmed on George's
Twitter feed that his company had brokered the Exodus.com sale. MediaOptions
normally does not share sales information but since this one was now on the
public record he could disclose his company's role in the transaction.
When we publish our next bi-weekly
domain sales report
June 9th Exodus.com will be added to our charts. As of this writing the sale
ranks as the third biggest domain sale reported so
far this year, trailing only Christmas.com at $3.15
million and Angel.com at $2 million. Thanks again to Mr.
Kirikos for finding and sharing this information. Every sale of this
magnitude that comes to light raises awareness of how inherently
valuable great domains are and that helps us all.
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(Posted
May 31, 2021)
*****
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