Breaking: Rick Schwartz Sells to Microsoft for $2.88M!


Update: yep, April Fools :)

Literally two minutes ago, Rick Schwartz announced the following on twitter:

“I would like to announce the sale of http://SMARTGLASSES.COM to MICROSOFT in biggest domain sale since 2015. $2.88MM. I Paid $3280 #Domains”

The domain king does it again!

It is however April 1st guys and I haven’t received an official confirmation from Rick (also, the domain was last updated in 2016) but hey, we’ll find out regardless :)

Congrats Rick, I can’t think of anyone in this world better at the sales side of domaining that him to be honest. Even if the sale ends up being an April Fools prank, heh.

I think this would be the best sale (again, the best sale, not his highest $ sale) of his career. The $750,000 sale of to CNN in 2004 was quite an achievement as well but for $2,880,000 tops it for sure.

For those of you who are new to the industry, here are Rick’s past sales: $8,888,888.88 $818,181.81 (registered for $100 in 1997) $801,000 (registered for $100 in 1997) $180,000 (registered for $100 in 1998) $1,320,000 (bought from 3rd party for $15,000 in 1997) $1,350,000 (registered for $100 in 1997) $4MM + Equity Stake (Bought from 3rd party for $750,000 in 2005) $3MM + Royalties + 10% Ownership +++ (Bought via broker for about $100,000 in 2005) to CNN for $750K $450,000 $200k++ $200,000 $180,000 $150,000 $121,550 $110,000 $100,000 & Stock for $100,000 $100,000 $100,000 $75,000 $50,000 Cash/Stock to IAC (Undisclosed) (undisclosed)

… the sale to Microsoft would make it clear yet again that Rick sets the gold standard in terms of domain sales and I have to say, he’s one of the most fascinating sales guys I’ve come across so far.

If you’re not following him on twitter and haven’t read his blog posts, you’re doing yourself a huge disservice in my opinion.

Rick has embraced early retirement, so he’s not blogging anymore and for a fairly long time, has refrained from being active in the domain industry. Fortunately, he started tweeting again and I for one am always interested in what he has to say.

Anyway, we’ll receive a confirmation soon enough as to whether or not the sale is an April Fools joke. I’m 50% – 50% because given Rick’s track record, him obtaining $2.88M for wouldn’t surprise me one bit :D

Read More…