It appears that today’s news of Bido exiting the domain auction market has hit a nerve with domainers worldwide, as yet another sign of a ‘bad economy‘.
Sahar Sarid’s decision and subsequent announcement to close down the Bido platform was received as “shock and awe” by the domain media.
Hank Alvarez, involved in an embezzlement scandal of massive proportions is apparently selling his web site, HankAlvarez.com and is getting ready to leave the country and embark on an oriental-bound sabbatical.
It is not yet clear whether the news of a $33 million lawsuit brought against him by former employer, Oversee, played any role in his hasty decision to leave the domaining business. It is doubtful that he will be missed.
Read more at the web site of Hank Alvarez, HankAlvarez.com
