Story of Acquisition of गाना.com song: Deal was done on Google Chat

I have some metrics about domain गाना.com. I am also considering serious development work after company formation formalities are over.Based on my metrics गाना.com have valuation in 7 figure without development and with development sky is the limit in next two years.

I did know Mark and he is in my chat list . Previously I did low ball an offer to him for a different name. I did even offer to exchange one of my premium ASCII .com with that name. But he was interested in development or high 7 figure. Deal didn’t materialize but I did know I can’t low ball him this time.I shoot him and email then we started chatting.At 10:32 PM chat started, I offered him 2k USD for गाना.com. To my utter surprise he only counter offered with 3k USD. Now I knew I have not low balled him on this name. He asked me purpose of acquisition and I did tell him, I want to develop it.Which exactly my goal is.I just took a chance and counter offered him 2.5 k. Which he did agree all he wanted a little bit of professional services for me besides the cash. I enquired about scope of professional services work I was expected to do. He explained and as per my understanding should not take more than 1 hour. I agreed.

At 11:05 Pm Agreement was reached.

So lets make a deal I am getting गाना.com xn--31b8axdb.com in 2.5k + some professional services you need.That is final right?

Next was payment, I wanted him to Pay after 18th of April. He insisted that payment should be immediate or I should pay him non refundable security deposit of 500$. After some negotiation I agreed to Pay immediately. At 11:51 PM payment was made.At 12:07 AM domain was pushed,by 12:16 AM I received the domain and updated contact.

Deal is done, but I am looking forward for long term relationship with. He is a gentleman having business sense and professionalism.

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3 comments:

  1. Thanks for sharing. Please keep us posted on the development process and GOOD luck with the venture. congrats!

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  2. Congrats on the purchase and good luck with the domain's development!

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  3. Thank you Jeff and tee!. Actually My first development would be blog in Hindi should be up and running this week. And yes, I have chosen Hindi IDN for that.

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