Poe.com sells for $260,000, an interesting backstory

Views:710 Time:2022-12-18 00:00:44 Author: NiceNIC.NET


A lawsuit, an opportunity to buy the domain back, and now a six figure sale.

 

Domain investor Greg Ricks just sold poe.com for $260,000, and there’s an interesting backstory to this sale.

 

Ricks bought the domain name in August 2002 for $3,200.

 

In 2003, an author named Richard Poe sued Ricks for cybersquatting. Ricks hired John Berryhill to represent him, and the parties settled during a court-mandated mediation (which Berryhill described to me as “colorful”). Part of the settlement was that the author got the domain name.

 

In 2009, a domain investor offered Ricks the opportunity to buy the domain back for $18,500. It’s not clear at what point the author relinquished the domain; it doesn’t appear that the domain expired. Ricks jumped at the opportunity.

 

He held onto the domain since buying it in 2009 and sold it on December 12 through Afternic for $260,000.

 

The Whois record for the domain is private, but the nameservers changed post-sale. Today, it forwards to poe.quora.com, which throws a 500 error. So it’s possible (but not certain) that Quora acquired the domain.


Source from Domain Name Wire

 

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