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May 27, 2007

NameMedia and Upscale Domainers

The NYT has a decent piece in Monday's paper about NameMedia, the well-capitalized domaining company with more than $100m behind it. It competes with iREIT and Marchex, among others.

Some quick stats:
  • 1.4 million domain names
  • 60-million monthly visitors
  • Backed by Summit and Highland, plus GS debt
  • Company revenue doubled to $60-million in 2006

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Comments

these guys constantly keep hyping domain name values to push prices up. having dealt with most of these big mouths, they don't wanna pay more than a $100 for a decent portfolio.

they constantly lie of their profits and never mention of expenses. show the financials of p&l and we will believe.

liars all.