Why Pilot Paid $400k for Pilot.com

Considering the performance of the domain name aftermarket the last couple of years, the 2017 sale of Pilot.com for $400,000 seems like quite a bargain. It’s an authoritative term that is short, memorable, and easy to spell.

Waseem Daher, Founder and CEO at Pilot, shared a post on LinkedIn to discuss why his company spent $400,000 to buy Pilot.com.

In his post, Wasseem also shared that the domain name was brokered by Keith Richter of Lumis, and the domain name was sold by Hearst. I think the advice Wasseem shared is very good and should be taken to heart by other founders who may be in a similar position to Pilot in 2017.

Many of the top domain brokers and domain brokerages keep tabs on domain names that are either on the market or available to acquire. I know several brokers who email or text me on occasion to ask what inventory I am willing to sell when they have a client looking for something good.

About The Author: Elliot Silver is an Internet entrepreneur and publisher of DomainInvesting.com. Elliot is also the founder and President of Top Notch Domains, LLC, a company that has closed eight figures in deals. Please read the DomainInvesting.com Terms of Use page for additional information about the publisher, website comment policy, disclosures, and conflicts of interest.

Reach out to Elliot: Twitter | Facebook | LinkedIn | Email

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