Re:Color.com Was Acquired For $350,000 (The Domain Name, Tha...
by haploid on Thursday March 24, 2011 @02:33PM
(#2365296)
As someone with a company that has purchased 6 and 7 figure domain names, I wonder why you make this assumption. All our deals were for cash, and I have no reason to believe these listed deals were otherwise.
Do you have any citations?
Re:Color.com Was Acquired For $350,000 (The Domain Name, Tha...
by danielayele on Thursday March 24, 2011 @09:55PM
(#2366860)
Mint did a six figure stock swap in their Series A in exchange for the domain. See: http://www.quora.com/What-is-the-story-behind-Mint-coms-deal...
Many times it's an "equivalent stock swap" which is bogus.
They publish large numbers for the publicity, old trick.
With "color" they probably had to pay cash, so it's a real sale.