Recycle.co.uk Sold for GBP150,000 to Become the Highest Value for ... - PR Newswire U

[retired_member11]

The Telegraph states that Sedo handled the sale. The Nora quotes do not state that Sedo handled the sale. You should sue the newspaper if you're not happy. Or try the PCC. Best of luck with either!!!

 

[fred]

The Telegraph states that Sedo handled the sale. The Nora quotes do not state that Sedo handled the sale. You should sue the newspaper if you're not happy. Or try the PCC. Best of luck with either!!!

The sedo one is very carefully worded so that although it doesn't specifically say they handled it, it does read like it. It is not exactly a big jump to think they did this on purpose, knowing that the press would 'missquote' them.

 

[retired_member11]

The sedo one is very carefully worded so that although it doesn't specifically say they handled it, it does read like it. It is not exactly a big jump to think they did this on purpose, knowing that the press would 'missquote' them.

That is the essence of 'good' journalism. Ask Madeleine's parents about it.

Sedo is legally safe on this one.

 

[Paullas]

That is the essence of 'good' journalism. Ask Madeleine's parents about it.

Sedo is legally safe on this one.

not really, spoke to my solicitor this morning, it was sedo who outsourced the press release and sedo would have checked it before going to print. I still have not heard anything from sedo.

 

[retired_member11]

not really, spoke to my solicitor this morning, it was sedo who outsourced the press release and sedo would have checked it before going to print. I still have not heard anything from sedo.

...but what is your unhappiness about it? Have you suffered some loss, money or repute or other?

 

[Jeewhizz]

http://news.bbc.co.uk/1/hi/magazine/default.stm

Daily mini quiz...

Recycle.co.uk has sold for a record £150,000. What UK domain held the previous record?
see.co.uk
hear.co.uk
smell.co.uk
touch.co.uk
taste.co.uk

Jee

 

[yesterday]

Front page of FT.

Right at the top 2nd bullet.

and on page 5 continues . . ."sedo handled the sale".

FT says Sainsbury paid £110,000 for taste.co.uk as next highest.

yesterday

 

[paul]

Not wishing to be pedantic, but, this was a sale of a website not a domain. As a website sale it was nice but not spectacular. So why do people keep comparing it to domain sales?

http://news.bbc.co.uk/1/hi/magazine/default.stm

Daily mini quiz...

Recycle.co.uk has sold for a record £150,000. What UK domain held the previous record?
see.co.uk
hear.co.uk
smell.co.uk
touch.co.uk
taste.co.uk

Jee

 

[yesterday]

Yes, though I read somewhere on here that doug wanted to change useage to "information recycling" which I guess means he was only interested in the domain.

yesterday

 

[dougs]

recycle

I have been out and just picked up this, I have not spoken to sedo but they have left a message with me.

FYI:
Me and Paul agreed deal prior to event and finalised it on the day, over a cup of coffee. How deals should be done

ASAP Ventures is not a VC company but is a company that builds web sites, that i own a share in.

We did buy the domain primarily for the name, but the site and google rankings did also have value in our eyes aswell as work Paul has added, all contributing to its value.

We are happy for the domain to be called the highest price domain sale in the uk ever, as that is great PR for us.....but it is not quite true and sedo have used poetic license.

Sedo did contact me earlier in the week to discuss PR, but it was dealt with by our PR company and I personally have never seen any of the releases, as I would have had to correct them on the facts.

Looks like a bit of a cock up PR wise for Sedo and/or our PR company. I will find out more on Monday.


Doug

 

[landlord]

no relevance

Whether or not the domain names includes a website has little relevance unless that website has significant 'goodwill'. A business wants to do it their way....

personally i think green.com is far better name...indeed green.co.uk is for sale and can be picked of for a fraction of the price....when given excess money one spends excess money...human nature

Lee

 

[dougs]

green.co.uk

fraction of the price me thinks not....

Doug

 

[ScottJ]

Whether or not the domain names includes a website has little relevance unless that website has significant 'goodwill'. A business wants to do it their way....

personally i think green.com is far better name...indeed green.co.uk is for sale and can be picked of for a fraction of the price....when given excess money one spends excess money...human nature

Lee

Define fraction?
A half is a fraction but if you mean 1/10th 1/5th I would seriously doubt that?

 

[denchomsky]

You may have explained this before Paullas, but how did you acquire the name, and the £150,000 question, how much did you pay for it?

 

[ScottJ]

You may have explained this before Paullas, but how did you acquire the name, and the £150,000 question, how much did you pay for it?

That is a great question

 

[rob]

Fiver reg fee if I remember correctly

 

[dougs]

recycle.co.uk

I believe he bought it for a fiver in a catch.

We paid just over £150,000 inc VAT, which was for the domain, site and some consultancy.

Well done to Paul as the work he has put into it in my view made it easily worth that amount and I was very happy withe purchase.

Green.co.uk is just a name, a good one but not as good as www.recycle.co.uk which the uk gov is now kindly sticking on every bin and piece of paper in the country

Doug

 

[grandin]

crucially

The crucial element here is the sticking it on every bin....that is good marketing AND if the results deliver a multi million pound business then in a reverse thinking mode then the purchase would have been correct one....but we are not in a reverse thinking world are we?

Its just not the way I would go about it and personally can't get my head round it....the fact you bought via acorn leads me to believe you have a knowledge of domain names and how to obtain them at a good price...

I am totally lost on this one but I am not spending other peoples money..... maybe the mind set is the same as the buy to let new build scenario.....I could have invested with no money down on the rising market and made a packet BUT this was a high risk/high reward/high loss strategy and a calculation that doesn't calculate too well..

Clearly Paullas is a great trader and I commend him for his work

Lee

 

[retired_member11]

Green.co.uk is just a name, a good one but not as good as www.recycle.co.uk which the uk gov is now kindly sticking on every bin and piece of paper in the country


Is it doing this? Why so?

 

[ratboy]

I'd presume it would be the word "recycle" rather than www.recycle.co.uk??