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Domainer beware: Vultures prey on generics

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No sooner did we announce that the cash-strapped University of Illinois at Urbana-Champaign considers putting its ultra-generic domain, Tech.com on the market for sale – the vultures rushed in.

Smelling fresh domainer flesh, the predators started lowballing this magnificent and truly ancient domain that was registered in 1992.

“I’ll give you a suitcase full of money – all $40,000 of it”, said one.

Apparently, several offers in the $50k – $80k range are already coming in – all well below the true value of Tech.com

But surely, a domain such as Tech.com deserves a sales price well past the mid six figures.

While the University of Illinois at Urbana-Champaign is a freshman at domain negotiations, they are by no means stupid. In fact, since they have some pretty savvy people working for the Office of Technology Management, they should stop negotiating with small-time “flippers” and talk to the big guys.

The best option right now would be to approach a large technology or blue chip corporation – and there are plenty: Intel, AMD, Texas Instruments, IBM, NVidia, SONY, Nokia, Apple, Google – the list is practically endless. This way the University of Illinois at Urbana-Champaign will maximize their ROI.

How much is Tech.com worth?

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Comments

8 Responses to “Domainer beware: Vultures prey on generics”
  1. Ben says:

    Tech.com is great domain name.
    Tech.com worth 250k to 500k

  2. PK says:

    Anyone saying this domain is worth less than a million must be trying to rip off the university.

  3. Lucius "Guns" Fabrice says:

    Ben – I agree, Tech.com is a top quality domain.

    PK – I am sure the university is controlled by a committee that will do a lot of research before committing to a sale.

  4. Shane says:

    It’s funny to see everyone writing about something they have NO CLUE about. I live right here in Champaign-Urbana and can say you have no idea what’s going on because I do. The problem is not everything in domaining needs to be posted and sometimes it’s better than it isn’t. Also things on the surface aren’t always what they appear. I hate to see someone writing about things they have no idea about. If you do have info it can’t be right because the only info I’ve given out has been lies to see who has a big mouth or not.

  5. BullS says:

    “It’s funny to see everyone writing about something they have NO CLUE about.
    I hate to see someone writing about things they have no idea about.’

    ha ha pretty funny–like what domains are dropping and no one is registering….

    Oh wait..sex.com is pending dropping but just pay $38million

  6. Lucius "Guns" Fabrice says:

    Shane – what exactly are you objecting to? The valuation range for Tech.com or the fact that the Uni is planning to sell the domain? There’s an entire thread dedicated to it at DNForum.

    BullS – The sex.com saga is that of the most cursed domain in history πŸ˜€

  7. Poor Student says:

    I am a poor student at the university and would like to start a tech blog. I thought that Tech.com would work for this. I think that the university should give it to me for free, but I can offer up to $50.

  8. Lucius "Guns" Fabrice says:

    Dear Poor Student – Please refer to the faculty issued Guidelines πŸ˜€

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