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 Post subject: Sex.com to go under the hammer
PostPosted: Tue Mar 09, 2010 5:03 pm 
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Sex.com, often touted as one of the most valuable internet domain names, is due to head to the auction block next week.

DOM Partners LLC, a New Jersey lender that backed a 2006 purchase of the domain name for a reported $14 million, is foreclosing on the internet property, and is due to auction it on March 18th at New York law firm Windels Marx Lane & Mittendorf LLP, according to legal notices.

Bidding for the internet property, the tumultuous past of which includes several lawsuits and two books, is due to start at $1 million.

Richard Maltz, an auctioneer at Maltz Auctions who is running the sale, said there was considerable interest in it. "We don't know who's serious and who's not, but prospective bidders need a $1 million certified check. It should be interesting."

He said his firm was arranging for potential buyers to also be able to bid online.

The auctions of simple domain names are seen as rare opportunities for internet entrepreneurs. An auction for the http://www.pizza.com domain name in 2008 attracted bids above $2.5 million.

But if it is true that sex sells, sex.com may be the most valuable domain name in the world. At one point, the website was making at least $15,000 per day, according to a 2008 book, The Sex.com Chronicles , by attorney Charles Carreon who has represented a former owner of the site.

In January 2006, Escom LLC acquired the domain name from Gary Kremen, founder of dating website Match.com and chief executive of Grant Media. Kremen registered the sex.com domain name in 1994.

A press statement announcing the 2006 sale said it was "believed to be among the most significant domain sale transactions in history." Terms of that deal were not disclosed, but it has since been reported that the deal was worth about $14 million.

DOM Partners' loan to Escom for the deal has been in default for over a year.

http://www.irishtimes.com/newspaper/bre ... ing47.html

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 Post subject: Re: Sex.com to go under the hammer
PostPosted: Tue Mar 09, 2010 6:53 pm 
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I own sex.cum. It's not as valuable as I'd hoped it would be.

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 Post subject: Re: Sex.com to go under the hammer
PostPosted: Tue Mar 09, 2010 6:56 pm 
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punkdavid wrote:
I own sex.cum. It's not as valuable as I'd hoped it would be.


:haha:

--ThePlatypus

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 Post subject: Re: Sex.com to go under the hammer
PostPosted: Tue Mar 09, 2010 6:58 pm 
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theplatypus wrote:
punkdavid wrote:
I own sex.cum. It's not as valuable as I'd hoped it would be.


:haha:

--ThePlatypus


However, HotMale.com is burning up the internets!

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 Post subject: Re: Sex.com to go under the hammer
PostPosted: Fri Mar 12, 2010 1:45 am 
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alot of $$$
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I'm thinking about buying this and then asking GH if we can host RM there. Thoughts?

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 Post subject: Re: Sex.com to go under the hammer
PostPosted: Fri Mar 12, 2010 1:46 am 
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given2trade wrote:
I'm thinking about buying this and then asking GH if we can host RM there. Thoughts?

Why not "FURIOUS!!!"


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 Post subject: Re: Sex.com to go under the hammer
PostPosted: Fri Mar 12, 2010 1:52 am 
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alot of $$$
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tryinmorning wrote:
given2trade wrote:
I'm thinking about buying this and then asking GH if we can host RM there. Thoughts?

Why not "FURIOUS!!!"


eh

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 Post subject: Re: Sex.com to go under the hammer
PostPosted: Fri Mar 12, 2010 1:56 am 
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I guess that would be furioussex.com instead.


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