Discussion in 'General Board' started by disruptive, Jan 25, 2011.
Looks like this has now been sold! Not sure for how much though.
Aww ! no more donation advertising deals
It was being offered for £30k, whether this was reached I do not know. A heads up, but I don't know the details.
Finally! Would be very interested to hear some more details on how this aquisition panned out...
If it was only bought for £30k then I think Twitter got a bargain (still a lot of money of course, but the power really was in the previous owners hands).
I was on there a week or so ago and I'm sure it was being offered for £12k
Just did a quick search, not sure if this is the most recent version of the website but searching for Twitter.co.uk brings up this showing a £30k price tag.
I note that the page:
is saying that they offered the name to Twitter and they turned them down, but the name is indeed now showing as registered to Twitter Inc.
It was common sense to make the purchase mate, they should have done it sooner :neutral:
You could say they got a bargain, but who else would have bought it?
I agree mate, more like held to ransom but then we would all have done the same under the circumstances ;-)
I actually looked into the logistics of buying the name last summer, but there's just no getting around the fact that Twitter have a trademark for the word "twitter". Meaning the name is worthless to you or I.
Why pay 30k and find that you lose it in a DRS claim.
Because "twitter" is a dictionary generic word. Hence the original owner was allowed to keep it because he got there first before Twitter Inc successfully applied to trademark the term. Without the trademark I think you'd have been able to sell it to Twitter for a handsome sum.
So why not just say I want £1 million ......£30K will make no difference to anyones life.
Assuming the drs was ok I would have taken that punt Pay £30K and just sit waiting for the £1 million
You might Doug, as you might not have a requirement to sell.
However, they do not use the .co.uk as they are global, its just a nicety to own it and keep that typo traffic to themselves. Also they could use it for local emails in future.
Better to receive 30k than for them to ignore it.
That's a bit of an ignorant statement from you. £30k would make a difference to a lot of people's lives. It might not set them up and mean they never need to lift a finger for the rest of it, but it'd give plenty of people a serious helping hand or a fresh start.
You'd never have received it. It was a similar thing in relation to the former owner of gmail.co.uk. Both gmail.co.uk and twitter.co.uk became desirable domain names because the respective .com owners built popular services. The .co.uk's were not essential to that and there'd be a ceiling to what any $million of $billion company in this position would be prepared to pay for something which was non-essential and just "nice to have". All companies, including the likes of Google and Twitter have budgets and have to justify their expendature. This is probably why Google waited several years to acquire gmail.co.uk; they didn't really need it as they could work around it, using googlemail.com, until such times when the original owner decided to take a reduced amount of money in exchange. Then it became "nice to have".
You'd have taken a punt at £30k because you do this for a living. Perhaps the former owner of twitter.co.uk doesn't and decided £30k immediately was better than uncertainty.
Yes, £30k will make a difference to many people... but I still think a better sale would have been made if the previous owner had priced it higher
Facebook.com started out with TheFacebook.com and bought their current domain for $200k if I remember correctly, which is a similar situation from a domain owners point of view.
Regarding the Gmail example I may be wrong as this is from memory, however I think they needed to buy Gmail.co.uk to secure rights to actually use that name in the UK from a legal aspect. They already had the .com which was used at first, but then changed to using 'GoogleMail' for a while before getting the UK domain and going back to 'Gmail'.
To some people £30K isn't much. Probably the owner wasn't well off and caved, if that was the amount.
Do we know that it was definitely sold? If not then it could have been handed over for £nowt under threat of legal action or during DRS mediation...
Separate names with a comma.