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Old 04-29-2005, 10:31 AM   #1
Taboo
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Join Date: Jul 2004
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Domain/Site: PickupLines.com

Looking for anyone interested in buying domain/site or joint-venture development deal. Build any flavor site you want: mainstream, adult or mixed. or use as a companion site in your dating network.

200+ type-ins per day.
2,000+ Pickup Lines in database.
Custom mailing list manager. (capable of delivering 1Million customized/personalized msgs per day per server)
250,000+ opt-in email list collected. will begin collecting more email addresses this summer.

Prefer to develop but will consider serious buy offers only.

[email protected]
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Old 04-29-2005, 01:51 PM   #2
Taboo
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forgot to mention: domain can also be sold separately.
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Old 04-29-2005, 02:26 PM   #3
Repetitive Monkey
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I might be interested in a development deal if you present some terms and plans on how you are going to monetize it. You have my e-mail address.
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Old 04-29-2005, 04:41 PM   #4
Taboo
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Quote:
Originally Posted by Repetitive Monkey
I might be interested in a development deal if you present some terms and plans on how you are going to monetize it. You have my e-mail address.
yes, we have a plan to monetize traffic/subs. we can discuss it soon.
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Old 04-29-2005, 06:33 PM   #5
triumph
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Taboo please check your email about pickuplines.com.
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Old 04-29-2005, 07:06 PM   #6
Taboo
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Quote:
Originally Posted by triumph
Taboo please check your email about pickuplines.com.

reply sent...

and for everyone else who emailed me, here's the scoop:


Current bid is $31K for domain name only from a mainstream entertainment company. I am looking for a much higher offer. I hope to build it beyond the current "pickup lines" by email/sms and develop it into a reality concept... not porn, more Maxim-style or GGW.

Any Questions? Comments, etc... let me know.

As mentioned before, we're also looking for development partners... not investment partners... if you can provide something valuable/unique (traffic, models, ideas, connections, content, etc) contact me:

[email protected]
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Old 04-29-2005, 11:03 PM   #7
Repetitive Monkey
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Quote:
Originally Posted by Taboo
reply sent...

and for everyone else who emailed me, here's the scoop:


Current bid is $31K for domain name only from a mainstream entertainment company. I am looking for a much higher offer. I hope to build it beyond the current "pickup lines" by email/sms and develop it into a reality concept... not porn, more Maxim-style or GGW.

Any Questions? Comments, etc... let me know.

As mentioned before, we're also looking for development partners... not investment partners... if you can provide something valuable/unique (traffic, models, ideas, connections, content, etc) contact me:

[email protected]
I'm not the authority around here on domains, but I think that $31k for PickupLines.com is a superb deal on your end. I don't think I would even hope for that amount if I owned the domain.

PS, might you be interested in brokering VideoLicensing.com at 50%?
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Old 04-30-2005, 12:11 AM   #8
Repetitive Monkey
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Quote:
Originally Posted by Repetitive Monkey
[...] brokering VideoLicensing.com at 50%?
50% fee, not 50% of 31k.
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Old 04-30-2005, 04:42 AM   #9
Taboo
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Quote:
Originally Posted by Repetitive Monkey
I'm not the authority around here on domains, but I think that $31k for PickupLines.com is a superb deal on your end. I don't think I would even hope for that amount if I owned the domain.
Yes, their offer is great and they told me if I'm ever ready to sell it, they'll buy it. But most importantly, $30K was their "initial" offer... which obviously means they're willing to go higher... actually their original offer was $250.

I learned my lesson after selling MELON.com last November: that it pays to do "extra" research and take your time selling... don't rush the deal even if the buyer's offer is "superb" and better than expected. The original offer for Melon.com was 3-figures, then a few days later the offer ballooned to mid-five figures and I almost closed the deal... even my girlfriend was angry and thought I was insane/greedy for not taking their offer... but then I negotiated hard and drove the price into six-figures and wrapped up the whole deal including wire/domain transfer in less than 3 weeks.

I was so excited & eager to sell... and so proud of my negotiating skills that I didn't do the extra due diligence and should have taken more time to find out exactly who the buyers were. In hindsight, I regret a many things about that deal, not because I'm greedy, just angry with myself. I'm comfortable with the price they paid, but not content. I tried to negotiate "harder" than they did... when I should have negotiated "smarter". Won't make that mistake again.

Turns out the buyers were "SK Telecom"... a BILLION dollar Korean company that was launching a Music/Movie on demand download service and using MELON as they're mobile/net entertainment brand... i.e. APPLE, ORANGE, etc. the exact branding concept I had when I acquired the domain in a drop auction. In fact, SK TELECOM was already married to the name: "MELON", they launched the completed site a few days after they bought my domain. My domain was the missing piece to their puzzle... they had to have it no matter what... that's why they bumped from 5 figures to 6 figures so quickly and wanted to wrap up the deal right away... because our negotiations were delaying the company's launch date. I could've and should've held out for 7 figures and I know they would have gladly paid me, if not last year, then this year. I could have asked for a minority equity stake, or stock options, or minuscule transaction fees for every download... etc... but my ego allowed me to rush the deal. Even though I acquired the domain early 2005 and flipped it the same year, I still have mixed emotions.

Opportunities like that are very hard to come by.


To add insult to my injury...

Here's an example of how much money SK TELECOM has, they invested $220,000,000 for a 50% stake in a new venture with Earthlink:




Quote:
SK TELECOM AND EARTHLINK ANNOUNCE JOINT VENTURE TO FORM NATIONAL WIRELESS PROVIDER


Agreement Marks First U.S. Market Entry for SK Telecom, the Leading Wireless Carrier in Korea

ATLANTA and SEOUL, January 26, 2005 ? EarthLink, Inc. (NASDAQ: ELNK), the nation's next generation Internet service provider, and SK Telecom (NYSE: SKM), Korea's leading mobile communications company, today announced a definitive agreement to form a joint venture to market wireless voice and data services in the U.S.

The new entity, to be called SK-EarthLink (www.SK-EarthLink.com) and capitalized with $440 million of partner investments over the next three years, will be a non-facilities-based nationwide mobile virtual network operator ("MVNO"). SK-EarthLink will combine the competitive advantages of its parent companies to deliver, for the first time, an innovative suite of wireless services and applications that meet the information, entertainment and communications needs of U.S. consumers.

The joint venture marks SK Telecom's first ever strategic partnership to enter the U.S. market to grow its worldwide subscriber base. SK Telecom is one of the world's most advanced wireless carriers, with more than 18 million customers and over 50 percent of the mobile services market in South Korea. The Seoul-based company offers state of the art wireless voice and data offerings including interactive gaming, video streaming and location-based services.

EarthLink has more than five million subscribers and has been a leader in delivering award-winning Internet services for 10 years. Most notably, EarthLink is the first major ISP to offer a permission-based spam fighting feature and other innovative tools that block pop-up ads, spyware and phisher sites. EarthLink was also the first major ISP to become an MVNO, beginning with a wireless data service in 2000, and then launching a wireless data/voice solution in 2004.

"This partnership reflects 30 years of combined experience that EarthLink and SK Telecom have gained anticipating and delivering innovative Internet applications and wireless services," said Garry Betty, EarthLink president and chief executive officer. "SK-EarthLink has the potential to reshape the mobile communications market by meeting the growing demand of U.S. consumers who are currently underserved by existing voice-oriented wireless operators."

"SK Telecom is committed to shaping the information and telecommunications world of the 21st century. This joint venture is a continuation of SK Telecom's commitment to provide the most innovative world-class mobile communications technology," said Shin Bae Kim, president and chief executive officer of SK Telecom.

"The wireless and Internet worlds are colliding, and neither will be the same again," said EarthLink founder and director Sky Dayton who will serve as chief executive officer of the SK-EarthLink joint venture. "In South Korea, kids on the street are using their mobile phones to listen to music, watch TV, video conference, locate their friends and access the Internet - as well as make voice calls ? as opposed to the U.S. where the mobile experience is primarily about talking on the phone. Americans are living in the past. Utilizing emerging 3G networks and harnessing the explosive growth of Wi-Fi, SK-EarthLink will take the wireless experience in the U.S. to a new level."

By combining resources and personnel, SK-EarthLink is well-positioned to compete in the rapidly growing wireless voice and data market.

EarthLink has a leading U.S. Internet brand, a subscriber base that fits the target customer group, established sales channels with a presence in over 18,000 retail stores, existing MVNO partnerships with major wireless operators, Wi-Fi experience, network data centers and billing capabilities. SK Telecom brings the world's foremost expertise in developing and implementing 3G technology and other cutting edge applications, distributing handsets currently unavailable in the U.S., marketing wireless applications and services, and world-class research and development facilities.

Under the terms of the agreement, EarthLink and SK Telecom will each have a 50 percent ownership stake in SK-EarthLink. EarthLink and SK Telecom will each appoint three members to the six member board of directors.

Subject to customary conditions, the closing under the definitive agreement is expected in March 2005. In the coming months, SK-EarthLink will announce details concerning its 2005 timetable for product launches.

The current business plan for SK-EarthLink provides that the initial joint venture capitalization will satisfy future funding requirements until the joint venture is generating sufficient free cash flow to fund continuing operations. The business plan also contemplates that the joint venture could generate approximately 3.0 million net subscribers and revenues of approximately $2.0 billion by 2009. This business plan reflects EarthLink's and SK Telecom's recognition of the opportunities presented by the SK-EarthLink joint venture. However, the business plan is not intended by EarthLink as a projection of future results.


About SK Telecom
SK Telecom is Korea's leading mobile communications company with more than 18 million subscribers. SK Telecom successfully commercialized the world's first CDMA cellular phone service and launched the world's first synchronized commercial IMT-2000 third generation service. The company is listed on the Korean Stock Exchange, the New York Stock Exchange, and the London Stock Exchange. To learn more about SK Telecom, please visit www.sktelecom.com.



Even though they are currently calling it: SK-EARTHLINK (http://www.sk-earthlink.com/) I'll go insane if they starting branding it as "MELON". LOL.

But, I've got to hand it to them, the MELON site is amazing:
http://www.MELON.com/

You never truly know who the buyers are until the deal is done... and sometimes you still don't know for a while until they launch.
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Old 04-30-2005, 04:54 AM   #10
Taboo
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Quote:
Originally Posted by Repetitive Monkey
PS, might you be interested in brokering VideoLicensing.com at 50%?
perhaps, what else do you have? e-me.
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Old 04-30-2005, 06:11 AM   #11
Repetitive Monkey
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Quote:
Originally Posted by Taboo
perhaps, what else do you have? e-me.
Very interesting story re: melon.com. The first time I saw this domain I didn't think the world of it, but...
" i.e. APPLE, ORANGE, etc. the exact branding concept I had when I acquired the domain in a drop auction"
...makes very good sense.

Re: e-mail; I sent you one the other day. I'll try again mid-week though with some killer ones I am working on now. With the exception of VideoLicensing.com, Pradaboy is going to try to broker all my current non-keepers (which you can see in the "more" link in my sig).
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Old 04-30-2005, 03:48 PM   #12
Taboo
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Quote:
Originally Posted by Repetitive Monkey
Very interesting story re: melon.com. The first time I saw this domain I didn't think the world of it, but...
" i.e. APPLE, ORANGE, etc. the exact branding concept I had when I acquired the domain in a drop auction"
...makes very good sense.

Re: e-mail; I sent you one the other day. I'll try again mid-week though with some killer ones I am working on now. With the exception of VideoLicensing.com, Pradaboy is going to try to broker all my current non-keepers (which you can see in the "more" link in my sig).

ok. hope things work out with Pradaboy... good luck to you both.
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Old 05-10-2005, 07:17 PM   #13
Taboo
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Domains are no longer for sale!


only looking for development partners.
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Old 05-11-2005, 08:09 AM   #14
pimpin
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Taboo . email sent to you I have some info you may want to know about.
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