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While
a lot of us
spend our summer weekends
relaxing, one of the industry's
most successful investors, George
Kirikos, seems to spend at
least a portion of his poring over
government SEC filings in
search of important, previously
unreported domain sales. In
doing so, George has broken the
news on so many big ones I would
estimate the number in approaching
triple digits now (if not already
there). Over the past weekend he
did it again, uncovering and
reporting the details of a $1,950,000
sale of IS.com on his FreeSpeech.com
blog.
George
found the key information in a filing
made by ironSource Ltd.,
who acquired the domain in a
deal closed in the first
quarter of this year. However, as
he details in his article, he had
to carefully go through additional
materials to get all of the
evidence he needed to deliver an
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ironclad finding
about the transaction. This kind of spadework is something Kirikos routinely
does and I have too often failed to properly acknowledge that by simply
saying he found the information in a government filing. By going well beyond
that in his meticulous research, he has produced a treasure trove of
sales information that has benefited all of us - and continues to do so on a
remarkably regular basis.
George's latest
filing means that, for the 5th
week in a row, our bi-weekly domain
sales report will include at least one 7-figure sale when it
comes out Wednesday evening (August 4). As of this writing, IS.com is the
3rd biggest publicly reported sale year
to date. Only Christmas.com ($3.15 million) and Angel.com
($2 million) have been bigger.
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