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Domain Discussion
Domain Name News
IS.com domain changed hands for $1,950,000 in February 2021
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<blockquote data-quote="robmonster" data-source="post: 2343299" data-attributes="member: 143534"><p>If this deal did happen at under $2 million, the buyer did great. The resale value on a 2-letter name that is an acronym for many things, including Information Systems, is worth materially above what they paid.</p><p></p><p>I would imagine that the seller was not getting brokerage advice and completed this as a private sale, which would explain why this happened quietly and (arguably) below market.</p><p></p><p>The seller was InsideSales.com, now know as Xant.ai, which is apparently shrinking:</p><p></p><p>[URL unfurl="true"]https://www.alexa.com/siteinfo/xant.ai[/URL]</p><p></p><p>As such, it may have been a distress sale.</p><p></p><p>That's one notable thing about these short names held by corporates -- their tides tend to ebb and flow. Sometimes that creates an opportunity for cash buyers who are in contact with the decision maker.</p></blockquote><p></p>
[QUOTE="robmonster, post: 2343299, member: 143534"] If this deal did happen at under $2 million, the buyer did great. The resale value on a 2-letter name that is an acronym for many things, including Information Systems, is worth materially above what they paid. I would imagine that the seller was not getting brokerage advice and completed this as a private sale, which would explain why this happened quietly and (arguably) below market. The seller was InsideSales.com, now know as Xant.ai, which is apparently shrinking: [URL unfurl="true"]https://www.alexa.com/siteinfo/xant.ai[/URL] As such, it may have been a distress sale. That's one notable thing about these short names held by corporates -- their tides tend to ebb and flow. Sometimes that creates an opportunity for cash buyers who are in contact with the decision maker. [/QUOTE]
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Domain Discussion
Domain Name News
IS.com domain changed hands for $1,950,000 in February 2021
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