After Selling to a Now Closed Startup for $200k, Domain Name Gets New Life

In March of 2018, Andrew Allemann reported the $200,000 sale of JumpRope.com. The domain name was acquired by a startup called Jumprope. It was billed as “a platform where users can create, discover, and share how-to videos and tutorial.”

In August of 2021, the Founder of Jumprope announced that the startup was going to be shut down at the end of the month. “To focus on the massive opportunity at LinkedIn, we’re going to sunset the Jumprope platform,” he posted on LinkedIn. “We will be taking down the website and apps later this month, starting August 20.”

When it comes to valuable domain names like JumpRope.com, a closed venture doesn’t mean the end of life for the domain name. In fact, the domain name may be one of the few things that has substantial value post-shutdown.

Peter Askew noticed that the JumpRope.com domain name appears to have recently changed hands:

If you visit JumpRope.com, you are forwarded to Crossrope.com, a website offering “The Best Weighted Jump Rope Experience.” Crossrope is a privately held fitness company that was founded in 2012.

Whois records at DomainTools show the domain name transferred from Amazon’s domain registrar to Google’s domain registrar, likely in the first week of January. The domain name also changed nameservers around that time as well. Because of Whois privacy before and after the domain name transfer, it is not possible to see exactly when the domain name changed hands.

I am going to reach out to Crossrope to see if they are able to share the acquisition price of JumpRope.com. It is a valuable domain name and a wise acquisition.

Source link

Original article: After Selling to a Now Closed Startup for $200k, Domain Name Gets New Life

©2022 Domain Observer. All Rights Reserved.

Leave a Reply

Your email address will not be published.