Thoughts

Andrew Miller

December 31, 2023

2023: A Year of Major Domain Deals Amid Global Challenges

Reflecting on what has been an interesting year. In 2023, we oversaw the Chat.com acquisition/sale, one of the most important domain name deals of all time, as well as over $35M in domain name transactions. Yet, the environment was and remains challenging, with interest rates high, home sales dead, global political instability present, and venture investing way down.

Digital Assets Set for 2024 Surge, Key Domain Deals in Pipeline

I am confident that even if there is some economic downside, digital assets (domains, NFTs, Crypto) will begin an upward trajectory in 2024 that takes off in 2025. Specific to domains, we are working on two extremely significant transactions, both of which I see materializing in 2024. When the time is right to discuss them, I will. These likely will take some time to close. I am also excited about the prospects for increased investment activity from the VCs, with more Founders/Investors following the example of so many others and acquiring their exact match, category .com domain names. This investment has been proven over and over to be the single most strategic one these companies can make. I have posted about recent CEOs laying that out for all to see, such as this here from Public.com.

Acquisition of VentureCapital.com and PrivateEquity.com

 We are so bullish on where venture capital is headed that we acquired VentureCapital.com and PrivateEquity.com in a JV with our good friend and client.

More Predictions for 2024

  • We will have a $20M+ domain transaction.
  • Ethereum will cross $4,000.
  • Bored Apes will regain relevance via new real-world utility for owning one.

Spend quality time with family. Happy Healthy New Year to all. Until next year.

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