Tuesday, June 30th, 2009
Company shows consistency in domain name sales. Domain seller NameMedia, which sells domain names through BuyDomains and Afternic , sure is consistent. It seems that every week they total $600,000 or so in announced domain sales. That sort of consistency can only come with a large inventory of domain names. This past week the company sold about 400 domain names, or an annualized 20,800 names. Assuming an inventory of a million domain names, that’s a 2% turnover per year. I point
Tags: 600k, Afternic, Buydomains, Consistency, Domain Name Sales, Domain Names, Domain Sales, Domain Seller, Domains, Namemedia, Turnover
Posted in Main Content | No Comments »
Saturday, November 22nd, 2008
Unconfirmed reports suggest domain giant has laid off 30 people. Xconomy is citing unconfirmed reports that NameMedia, parent company of Afternic and BuyDomains, has laid off 30 employees. Please note that Xconomy has been unable to confirm the layoffs as of yet. I have reached out to multiple employees at NameMedia and will update this post as more information becomes available. As of September 2007 the company had 136 employees according to SEC filings. NameMedia filed to go public back i
Tags: Afternic, Buydomains, Domain, Giant People, Layoffs, Namemedia, Parent Company, Sec Filings
Posted in Main Content | No Comments »