$10.2 Million – CardRatings.com
By Alan on Jan 16, 2010 in Domain Sales
I love hearding stories about development especially with domains most domainers would never bid on. As the mammoth Quinstreet filed to go public more of thier purchases are now public.
CardRatings.com – a site with just under 100,000 visitors a month (not an enormous amount of traffic by any measure) was sold for $10.2 million in an all cash deal.
Congrats!
PS. Don’t think your word+ratings.com is worth any more. This is development pure and simple.
Domain Superstar | Jan 18, 2010 | Reply
What’s hilarious is that many will read this and immediately get excited and go out and register a ton of domains that are *****ratings.com thinking that they will be rich one day – all the while they are quite naturally ignoring the part of the story where the founder of the site Curtis Arnold put tons and tons of time and hard work into building something of value rather than just hoping to take the lazy/lucky way out and grab a lottery ticket trend domain name
joe domains | Jan 18, 2010 | Reply
name one domainer who has actually developed a domain and sold it for 10.5 million. The chances of development “hit” is no different than lottery, except for the occassional 100% generic domain
Domain Superstar | Jan 18, 2010 | Reply
Confidentiality agreements would usually prohibit talking about those kinds of things
Many many sites get sold that are not reported publicly or that are in the 6 figure range and fly under the radar.
bestcred | Mar 24, 2010 | Reply
Congratulation, I know that Curtis Arnold does a great job maintaining the cardrating site.
Dan - BankVibe | Sep 17, 2011 | Reply
Website sales of this size definitely do fly under the radar. Even quinstreet has kept some of their acquisitions quiet. Money-Rates.com for example, was sold to quinstreet around the same time (and for probably a similar price) although that amount is not available for the public.
These sites are probably doing huge revenue numbers though, and Im sure the price tag is just some multiple of those rev figures…nothing to do with domain name and little to do with development. imo
Ben - BankAim | Sep 20, 2011 | Reply
A website of this type also has HUGE future growth potential, so its not just a ‘multiple’ of revenue on a monthly basis. I doubt you could figure out how much that site was making just based on the sales price alone. Traffic numbers are important but what is more important is the market and how big their reach is.
Future growth is what a site like Quinstreet is looking for.