Partners needed to purchase special 2 letter domain name

Together · Jan 18, 2005

I have a line on a 2 letter .com. WHat makes this special is that the two letters are the same two letters. I have an agreement with the owner that if I can come up with $50K he will sell it to me. I have $25K and am looking for the other $25K. If anyone is interested please contact me so that we can discuss.

Thanks.

QuantumBeam · Jan 18, 2005

surely you can get him to discount it more than that, especially in times like this and even harder times to follow....... :-(

JumpingJack · Jan 19, 2005

Splitting the money to buy a domain name never works. Didn't you ever see that Simpsons episode where Bart, Millhouse and Martin split the money for that comic book? How would you even do it - just for resale? Hard to justify buying a two-letter .com (even a double letter) for $50,000 with the sole intent of reselling it.

uglypeoople.com · Jan 19, 2005

what 2 letter domain name is it?

Together · Jan 19, 2005

The last thing I need to do is to create more competition for myself so sorry about that uglypeople but I will not be discussing it.

As far as the other comments on how it can never work to have more than one person own a domain name there is a very simple solution. A new holding company will be formed, the partners will each own half of the company and the company will own the domain.

I have several legitimate interested parties in this via PM and will be getting a hold of each of you once I verify with the seller that the funds are available. Thanks for your patience all.

JumpingJack · Jan 19, 2005

Together said:
The last thing I need to do is to create more competition for myself so sorry about that uglypeople but I will not be discussing it.

As far as the other comments on how it can never work to have more than one person own a domain name there is a very simple solution. A new holding company will be formed, the partners will each own half of the company and the company will own the domain.

I have several legitimate interested parties in this via PM and will be getting a hold of each of you once I verify with the seller that the funds are available. Thanks for your patience all.

That doesn't answer the question. You are missing my point. A domain name is only one thing. So you create a company or partnership, each person gets 50/50, the domain is registered in the companies name - then what? You obviously want this domain name for a reason, but anyone who would put up $25,000 would have just as much interest in it as you, so maybe your plans for the domain wouldn't pan out the way you planned. Just saying you may want to think about rushing into a partnership a bit harder, because I don't see how that can work when it comes to a domain name, unless both parties are interested in actually developing a company. Otherwise, whose domain name does the portfolio go in? If you get my drift..

Steen · Jan 20, 2005

JJack, sharing a domain can work. Forming a corporation and splitting the shares would most likely be the safest idea, however I am not knowledgeable in the area.

JumpingJack · Jan 20, 2005

Steen said:
JJack, sharing a domain can work. Forming a corporation and splitting the shares would most likely be the safest idea, however I am not knowledgeable in the area.

I know it's possible to make it work, but it just seems extremely unlikely that it could work and the owner didn't seem to provide any explanation of what he plans to do after someone forks over $25k for a domain name and they both own 50% of it. Do I get it for 3 months, then he gets it for 3 months? Or what?

typeins · Jan 20, 2005

lol its obvious that any revenue derived from the domain would be distributed evenly among the partners..

I however would never trust anybody else with cash like that.. i've been ripped off for hundreds of thousands of dollars in my time on the net ( mainly from one deal gone wrong ) and i never since put myself in any kind of position to get F&%$ED again..

pleasedelete · Jan 21, 2005

There are only 26 of those and each one is probably worth more than $50K. I don't have that kind of money; the rich get richer...

insomnia · Jan 21, 2005

Eh, theres more than 26 two letter domains, unless your talking about double of the same letter. Actual amount of 2 letter domains is 26 x 25 = 650

jquail · Jan 21, 2005

the two letters are the same two letters

He said in his first post that the domain was the two same letters.

Steen · Jan 21, 2005

I know, I know!

uglypeoople.com · Jan 21, 2005

Could you please tell us which 2 letter domain name is for sale? How can anyone become your partner if you don't even tell us the name? If the name is something like qq.com or zz.com, zq.com, qz.com.....i would NOT want it...maybe others here might still be interested...but not me.
Don't make me email all 26 domain name owners.....hahahahaaa

Steen · Jan 21, 2005

uglypeople.com said:
Could you please tell us which 2 letter domain name is for sale? How can anyone become your partner if you don't even tell us the name? If the name is something like qq.com or zz.com, zq.com, qz.com.....i would NOT want it...maybe others here might still be interested...but not me.
Don't make me email all 26 domain name owners.....hahahahaaa

If you don't realize why he's keeping it private than you shouldn't be interested in investing $25,000.