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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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Andrew
Rosener Confirms MediaOptions Sold
Wise.com for $2 Million Last Year
Giving Our 2020 Top 100 Chart a
New Leader
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In
our
latest bi-weekly Domain
Sales Report that came
out Wednesday evening (July 22,
2021), we shared some major domain
sales information that George
Kirikos had discovered
while looking through a prospectus
released by a money transfer
service, previously known as TransferWise,
that had rebranded as Wise
and gone public. The prospectus
pointed to the acquisition of Wise.com
at $2 million in 2020 but
the disclosure referred to
"domain purchases" in
the plural. Given that
Wise.com is a domain worth $2
million alone, we speculated that
perhaps some low value domains
registered for defensive purchased
were also part of the deal. With
that question still up in the air
we couldn't add Wise.com to our
sales charts.
Today,
MediaOptions.com
CEO Andrew Rosener was able
to give us the definitive
answer. Andrew confirmed that
MediaOptions had brokered the
Wise.com sale, the price was $2
million and no other domains
or assets were involved. Rosener
has completed many deals at this
level but his brokerage normally
will not comment on prices paid
unless the information has become
public through other sources. The
information Kirikos turned up made
it possible for him to do that
with Wise.com and that, in turn,
clears the way for us to add
Wise.com to the 2020
Top 100 Domain Sales Chart
in our Archive. We will be doing
that when it is next updated
August 4 (the release date for our
next bi-weekly report).
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Andrew
Rosener
CEO, MediaOptions
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Wise.com
will not only be added to the chart, it will move into the #1 position
on the 2020 leader board at double the price paid for the previous
chart topper, Bullish. com, a domain that sold for $1,080,000
in November 2020. Prior to confirmation of the Wise.com sale, Bullish.com
was the only publicly reported 7-figure sale in 2020 (although there
were undoubtedly many in that range that were never reported due to
non-disclosure agreements). While Wise.com gives 2020 two publicly reported
7-figure sales, 2021 is blowing the old year out of the water
on that count. We are just over half way through the new year and have
already had a half-dozen sales in the 7-figure range reported. The
latest was the headliner in our latest report, EE.com at $1.35
million (placing it at #4 on the 2021
YTD Top 100).
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(Posted
July 22, 2021)
*****
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