Domain Sale of Unusually Large Size

[David G]

I can't see where you'd get the impression I have ever represented Name Development Ltd.

I do patent, copyright and trademark related work. Spreadsheets and numbers make my head hurt.

Again I do apologize, but I could have sworn you have been an attorney in the past on some well known transactions for large domainers, and also thought you have handled domain sales escows in the past? Some large domainer Offshore comes to mind for some odd reason?

Rumour has it that Name Development Ltd. is Yun Ye, a.k.a. Ultimate Search.

That 'rumor' is probably the reason I assumed John was somehow involved, coupled with his post about the sale.

 

[draqon]

I was also under the impression that Dr. Berryhill was Yun Ye's attorney as well.

 

[peekaboo]

jesus guys, can't you read between the lines a little?

he was his trademark attorney, but as he explained already this was a business deal and he had nothing to do with it.

 

[David G]

...he was his trademark attorney.....

Unless I am missing something I thought John said he never represented him?
:huh: :huh:

 

[draqon]

Yeah, exactly what hidden lines are there in a sentance that reads "I can't see where you'd get the impression I have ever represented Name Development Ltd." ??

Please let me know

 

[jberryhilljberryhill is verified member.]

his post about the sale

It's a link to a press release. A great way to keep up with the news is to sign up for Google News Alerts and Yahoo alerts for phrases like "domain names". If that phrase, and several others, appears in a press release, then I get an email.

It's also fairly easy to search UDRP databases to identify organizations for whom an attorney in this field has done work, or hasn't. For example, I represented Wake Forest University in a UDRP dispute. I don't coach their basketball team.

 

[David G]

Hi John, the confusion was mosty caused by the similarity in the names Name Dev' and Name Admin' and the fact they are both huge domain owners and also both foreign based.

"FactCheck.com is owned by Name Administration Inc., a Cayman Islands company that engages in so-called "domain parking" -- it acquires discarded Web sites and monetizes the traffic with text advertising. The site had been showing education-related ads, mostly for online-degree programs, when Mr. Cheney mentioned the site during the debate. Suddenly, Name Administration saw a surge in traffic -- about 50,000 unique visitors in the first hour -- which costs the company money for Internet bandwidth, according to John Berryhill, Name Administration's attorney. Before, the site had been getting just 200 visits a day. "It's like 100,000 people showing up at your house uninvited for snacks," said Mr. Berryhill, who is based in Philadelphia.

 

[jberryhilljberryhill is verified member.]

Oh, I see what you mean. I'd bet www.namedevelopment.com is a popular website this week.

 

[adoptabledomains]

Oh, I see what you mean. I'd bet www.namedevelopment.com is a popular website this week.

Yea, I know I typed that in to see who it was.

 

[Rubber Duck]

I have to say, that I think you lot have all missed the point. It not so much what he has sold but why Mr Yung Ye has sold. This was a nice steady number bringing in millions of dollars a year. You don't sell this lot to go on holiday!

Think about it. Dot Com domain market is maturing. Realisable values are high. So if you have Identified another project that promises higher returns, the logical thing to do is to sell and reinvest the money.

Over the years we have all followed where this guy has lead. So the big question is where is he off now? The fleetest of foot will make the money.

Lets look at the facts.

1) There are no real domain opportunities in the US that are greatly superior to his current investment.

2 )The guy is Chinese.

3) The fastest growing major economy is China and the Chinese internet market is growing very quickly indeed.

4) The guy is a domainer at heart.

5) The Chinese government are doing a big promotion on Chinese IDN.

Has any of you got the foggiest idea what he may be upto?

Answers on a post card.

Regards
Dave Wrixon

 

[DomainEngineer]

I have to say, that I think you lot have all missed the point. It not so much what he has sold but why Mr Yung Ye has sold. This was a nice steady number bringing in millions of dollars a year. You don't sell this lot to go on holiday!

Think about it. Dot Com domain market is maturing. Realisable values are high. So if you have Identified another project that promises higher returns, the logical thing to do is to sell and reinvest the money.

Over the years we have all followed where this guy has lead. So the big question is where is he off now? The fleetest of foot will make the money.

Lets look at the facts.

1) There are no real domain opportunities in the US that are greatly superior to his current investment.

2 )The guy is Chinese.

3) The fastest growing major economy is China and the Chinese internet market is growing very quickly indeed.

4) The guy is a domainer at heart.

5) The Chinese government are doing a big promotion on Chinese IDN.

Has any of you got the foggiest idea what he may be upto?

Answers on a post card.

Regards
Dave Wrixon

If you are trying to say that China is offering better opportunity for domainers than USA, I totally disagree with your reasoning.

When is the last time a non-chinese company/person has made huge returns on his investment in China? I can't even come up with few.

I think this person made the decision to get rid of this entire lot in one transaction (of course for a decent price), he no longer need to manage that 10s of thousands of domains (many of which might not even be making money).

I think it was just a good transaction for both buyer/seller, and thats all about it.....nothing really to do with China or chines domains.

Thanks,

 

[DaddyHalbucks]

dwrixon wrote:

2 )The guy is Chinese.
+++++++++++++++++++++++++

Do you mean his ancestry, his nationality (where his passport is issued), his company's listed location, or where the guy actually lives?

In 2000, it appears Yun Ye lived in Fremont, CA.

If you were a multi-millionaire would you move back to China --or live in the bay area?

 

[draqon]

depends on whether i was trying to flee the country in order to illegally evade my taxes like certain unmentioned entrepreneurs are rumored to have done...

also, im not quite sure what your point is, since there are great reasons for a wealthy man of chinese ethnicity to live in california AND to move back to china.

 

[Rubber Duck]

If you are trying to say that China is offering better opportunity for domainers than USA, I totally disagree with your reasoning.

When is the last time a non-chinese company/person has made huge returns on his investment in China? I can't even come up with few.

I think this person made the decision to get rid of this entire lot in one transaction (of course for a decent price), he no longer need to manage that 10s of thousands of domains (many of which might not even be making money).

I think it was just a good transaction for both buyer/seller, and thats all about it.....nothing really to do with China or chines domains.

Thanks,

China is the world's largest recepient of inward investment and most comes from the USA which is hermoraging jobs due to lack of domestic investment. If you think large US internationals are doing this purely on humanitarian grounds, then I am afraid that I have to question the validity of your analysis.

The other flaw in your arguement is of course that he is Chinese.

I personally have already profited from selling Chinese CN, and I have never been anywhere near china. We also have chinese IDN with over 100 traffic hits per day and the market is in its infancy. Within the next year or two I would expect the traffic to grow exponentially, as indeed it is already doing.

The americans may have invented the internet, search engines and the pay per click industry, but anyone who suggests that Chinese and other ethnic groups are not going to be able emmulate the situation, should look at the example of Japanese and the British Motor Industry.

I am sure it was a good sell for the seller. That is why he sold. But it is unlikely that he would have sold all his English dot coms just to reconstruct another similar portfolio. Indeed with the cost and rarity of good English dot coms, it might not even be possible, let alone profitable.

Regards
Dave Wrixon

 

[matimer]

So anyone here think that Marchex is worth the $15 a share price with a market cap of $400 million? We all know the value of a domain with traffic/type in traffic, how do you think Marchex is going to utilize this traffic direct links to other sites or just keep doing what ult search was doin?

Matimer

 

[DaddyHalbucks]

dwrixon wrote:

China is the world's largest recepient of inward investment and most comes from the USA which is hermoraging jobs due to lack of domestic investment. If you think large US internationals are doing this purely on humanitarian grounds, then I am afraid that I have to question the validity of your analysis.
+++++++++++++++++++++++

OK, so maybe the US is losing some jobs.

So what? What KIND of jobs is more the issue.

The former US employees don't automatically die when their low paying jobs go overseas, they simply become unemployed --and theoretically available for higher skilled and better paying jobs.

Business cost is driven down, enabling more investment. Resources are liberated for higher and better uses.

Outsourcing and export of low paying jobs is a good thing.

 

[Rubber Duck]

dwrixon wrote:

2 )The guy is Chinese.
+++++++++++++++++++++++++

Do you mean his ancestry, his nationality (where his passport is issued), his company's listed location, or where the guy actually lives?

In 2000, it appears Yun Ye lived in Fremont, CA.

If you were a multi-millionaire would you move back to China --or live in the bay area?

I am not suggesting that his business dealings are likely to greatly change his lifestyle or his place of residence. He will of course have a good insight into the potential of Chinese market, will give him an edge. Any entrepreneur likes and edge and will use it to his advantage.

The potential in China is huge. The market is so under developed that the possibilities are endless. Its not just domain speculation, but with the right resource it should be possible to create a vertically integrated laviathon.

Regards
Dave Wrixon

dwrixon wrote:

China is the world's largest recepient of inward investment and most comes from the USA which is hermoraging jobs due to lack of domestic investment. If you think large US internationals are doing this purely on humanitarian grounds, then I am afraid that I have to question the validity of your analysis.
+++++++++++++++++++++++

OK, so maybe the US is losing some jobs.

So what? What KIND of jobs is more the issue.

The former US employees don't automatically die when their low paying jobs go overseas, they simply become unemployed --and theoretically available for higher skilled and better paying jobs.


I am sorry, but if you think that the plight of the dollar has no bearing on the short to medium term prospects of US dollar, then you are living in dreamland. However, you are correct in not pointing the blame at the companies that are innovating by outsourcing. The real blame lies in the government, that has amassed huge debts and allowed the consumer too much disposable income in relation to the US productivity which in many instances is probably illusory.

My argument, however, was to counteract the arguement that any investment in China was effectively pouring money down the sink. Yes, there are risks, but clearly most large multinationals are prepared to take those risks. I think the clear message is that the scale of the potential profits is regarded as very interesting indeed.

Regards
Dave Wrixon

Business cost is driven down, enabling more investment. Resources are liberated for higher and better uses.

Outsourcing and export of low paying jobs is a good thing.

 

[DaddyHalbucks]

dwrixon wrote:

I am not suggesting that his business dealings are likely to greatly change his lifestyle

AGREED. THE GUY WAS VERY LIKELY ALREADY A MULTI MILLIONAIRE.

or his place of residence.

I WONDER WHERE HE LIVES.. I WOULD BET IT IS CLOSER TO FREMONT THAN HONG KONG. AS FAR AS I CAN SEE, THE ONLY REAL BENEFIT TO HAVING HIS ULTSEARCH BUSINESS LISTED IN HONG KONG IS IMMUNITY TO US LAW.

He will of course have a good insight into the potential of Chinese market, will give him an edge. Any entrepreneur likes and edge and will use it to his advantage.

WHY? JUST BECAUSE HE IS CHINESE? I DOUBT IT. HE IS NOT A PLAYER IN THE CHINESE TRAFFIC MARKET, BECAUSE THERE IS NONE. PPC DOESN'T MAKE MONEY FROM CHINA, IT MAKES MONEY FROM THE USA.

The potential in China is huge. The market is so under developed that the possibilities are endless.

AGREED, BUT THE CHINESE MARKET WILL TAKE YEARS TO MATURE.

 

[mike031]

hehe, so many ifs and buts...ultsearch doesnt like the spotlight and is very secretive.. he is a wise guy... he's done a great job staying out of the spotlight with his dealings and quitely will make an exit without too much commotion.. chances are slim that we will know what hes planning next or what he had already planned and laid out.. just alot of speculation.. have to sit and wait to see what happends next

 

[Deleted member 4749]

China is the world's largest recepient of inward investment and most comes from the USA which is hermoraging jobs due to lack of domestic investment. If you think large US internationals are doing this purely on humanitarian grounds, then I am afraid that I have to question the validity of your analysis.

The other flaw in your arguement is of course that he is Chinese.

I personally have already profited from selling Chinese CN, and I have never been anywhere near china. We also have chinese IDN with over 100 traffic hits per day and the market is in its infancy. Within the next year or two I would expect the traffic to grow exponentially, as indeed it is already doing.

The americans may have invented the internet, search engines and the pay per click industry, but anyone who suggests that Chinese and other ethnic groups are not going to be able emmulate the situation, should look at the example of Japanese and the British Motor Industry.

I am sure it was a good sell for the seller. That is why he sold. But it is unlikely that he would have sold all his English dot coms just to reconstruct another similar portfolio. Indeed with the cost and rarity of good English dot coms, it might not even be possible, let alone profitable.

Regards
Dave Wrixon

Good writing. Yikes! :cheesy: