Domain Name Consortium - Could it work - if so, How?

[Sharpy]

con·sor·ti·um : An association or a combination, as of businesses, financial institutions, or investors, for the purpose of engaging in a joint venture.


Hi, any opinions on this?

A little background:

I have a name in mind. The owner is not adverse to offers, and I think would sell for the/her right price.

The name is active, but will expire soon. Both Snapnames and GoDaddy have backorders. Name winner has a substantial bid on it considering the name is still active. I can only assume the rest of the blind services have initial bids on the name.

My guess is the owner is leaving her renewal to the last minute, to create interest in the name. She is well aware of the looming expiery date, and has told me, through email that she will renew. I do not believe she is a speculator, just a proud owner of a great .com. Having said that, I'm sure over the years, she has recieved enough unsolicited offers to know that the name is worth a great deal.

In June, I made her a substantial offer, $25000us, which, after a lengthy consideration period, she declined, but still left the door open. My offer was all I could afford and a little more, at this time.

My Original Question:

Finding investors outside of the domain speculator community has proven fruitless. Most potential investors look at me side ways when it is discussed. They have little or no experience with domain names and therefore deem any investment in a domain name, as too risky.

I obviously have not discuseed this within our community until now.

Could a group of people here form a successful investors consortia to buy this name, or any name for that matter. I could ask a few members personaly, however I'm sure you recognize all of the inherent risks for me, in doing that.

For the amount of money invoved, certainly a lawyer would need to be involved. But how do you go about securing investors prior to invoving the lawyer? I don't want to set up a legal investors situation, only to find no investors.

Has anyone ever done this, or would anyone be interested in setting up a buying group? Not just for this name, but for this situation?

Let me know your thoughts and/or experience.

Posted on other forums as well

Thanks

Sharpy

 

[Anthony Ng]

[/Thread MOVED by Moderator from "Misc. Forum" to "Related Offers"]

 

[Sharpy]

Thanks NS and sorry.

 

[.com.net.org]

can be, I think there're some consortium here.