mint.com sold for 170 million

[Flexi Web Host]

Wow.....This'll really re-rate LLLL.com values.....HAHAHAHHA.

Jeez if a cvcc can fetch $170,000,000 imagine what a cvcv could fetch, so much more pronounceable

Anyway Mint.com are an amazingly big company, their brand is known worldwide and is synonymous with financial services I very much doubt the domain was even considered when buying the business.

 

[DomainMagnate]

Looks like it was actually $2M according to the updated post on the blog.. I'm confused

 

[sashas]

interesting..never heard of Quanta computers before.

Here in India, Acer suffers from the same quality perceptions. Just because its Taiwanese, most people take them to be somehow inferior to "American" HP & Dell (when, as you pointed above, all these are manufactured in China, Singapore and Taiwan).

Looks like it was actually $2M according to the updated post on the blog.. I'm confused

Its 170M, as reported by TechCrunch. They had $32M in VC money and a huge growth rate. Why would they sell for $2M?


P.S.: someone tell the LLLL.com thumpers that a site like this couldn't be built on a crappy xqvj.com!

 

[Chef Patrick]

Its 170M, as reported by TechCrunch. They had $32M in VC money and a huge growth rate. Why would they sell for $2M?

The domain itself was sold for $2 million. Hite Capital actually exchanged the domain name Mint.com to the owner before Intuit for a substantial amount of Series A stock. Once the $170 million dollar sale went through Hite Capital's stock was bought out for a couple million dollars.

Mint.com Sells For An Estimated $2,000,000

 

[DTalk]

yeah, but I'm not expecting $1M for it!

See, in a site like this, branding and the front end has a lot to do with value than the actual technology at play.

Fantastic point, sashas.

Its what you do with what's available that really matters...

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