Oversee.net: Difference between revisions
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The company's Aftermarket and Registrar Division comprises the two units of [[Moniker|Moniker.com]] and [[SnapNames]], and together the two offer an array of services including domain name registration, acquisition, management, appraisal, brokerage and sales. According to an interview given by CEO [[Jeff Kupietzky|Kupietzky]] to CNN.Com, the company has overseen auctions that run into six figures<ref>http://money.cnn.com/video/technology/2010/08/20/t_domain_auction.cnnmoney/</ref>. | The company's Aftermarket and Registrar Division comprises the two units of [[Moniker|Moniker.com]] and [[SnapNames]], and together the two offer an array of services including domain name registration, acquisition, management, appraisal, brokerage and sales. According to an interview given by CEO [[Jeff Kupietzky|Kupietzky]] to CNN.Com, the company has overseen auctions that run into six figures<ref>http://money.cnn.com/video/technology/2010/08/20/t_domain_auction.cnnmoney/</ref>. | ||
==Monte Cahn, Oversee, and Moniker== | |||
In 2008, Moniker was purchased by [[Oversee.net]] for $35 million USD. It had previously been acquired by [[Seevast]] in 2005.<ref>[http://www.seevast.com/news.html Seevast.com]</ref> Part of the acquisition of Moniker by Oversee stipulated that its Founder and CEO, [[Monte Cahn]], come along as the President of Moniker for 3 years. During this time he also filled other roles within the company, such as President of [[SnapNames]].<ref>[http://www.blueglass.com/speakers/monte-cahn/ BlueGlass.com]</ref> He left in December, 2010; in May, 20111 he filed a lawsuit against his former employer.<ref>[http://www.dnjournal.com/archive/lowdown/2011/dailyposts/20110505.htm DNJournal.com]</ref> He filed suit against Oversee, and named its CEO, [[Jeff Kupietzky]], and its founder, [[Lawrence Ng]]; the suit was over alleged non-payment of a $13 million USD incentive plan.<ref>[http://domainnamewire.com/2011/05/04/monte-cahn-sues-oversee-net-over-13-million-incentive-plan/ DomainNameWire.com]</ref> | |||
In September, 2011, Mr. Cahn updated his claims of breach of contract and fraud after a judge tossed out his original claim. The new claim now contains specific language on how Oversee.net allegedly affected Moniker's revenue. He now states that the original acquisition was in violation of an agreement between [[Google]] and Oversee, and that Oversee improperly deflated Moniker's revenue and performance numbers.<ref>[http://domainnamewire.com/2011/09/08/monte-cahn-updates-lawsuit-against-oversee-net-with-new-details/ Monte Cahn Updates Lawsuit, DomainNameWire.com]</ref> | |||
==References== | ==References== | ||
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[[Category: Companies]] | [[Category: Companies]] | ||
[[Category: Past Sponsor]] | [[Category: Past Sponsor]] | ||
__NOTOC__ |
Revision as of 20:39, 21 September 2011
Founder(s): | Lawrence Ng and Fred Hsu |
Headquarters: | Los Angeles, California |
Country: | USA |
Employees: | 120 |
Website: | Oversee.net |
Twitter: | @OverseeNet |
Key People | |
Jeff Kupietzky, CEO
Lawrence Ng, Chairman |
Oversee.net is an online internet-solutions provider company in the business of domain name registration, besides offering services in buying & selling of used domain names, SEO/SEM optimization, landing web page design, and a revenue generation model through ad clicks for owners of undeveloped websites.
The company is headquartered in Los Angeles, California, USA. Its offices are located in Portland, Oregon, San Mateo, California and Pompano Beach, Florida. The company has around 120 employees[1]. The current CEO of Oversee.net is Jeff Kupietzky.[2]
History
Oversee.net was founded in 2000 by Lawrence Ng and Fred Hsu [3]. While Hsu is no longer associated with the company, Ng is the current chairman of the board of directors. A graduate from the University of Southern California (USC), Ng was employed with Startpath.com, Merrill Lynch and Smith Barney, before he pooled resources and expertise with Hsu in the domains of online advertising, internet traffic pattern analysis and search engine optimization, to create Oversee.net.
In January 2008, the company sold USD 150 million worth of equity to Oak Hill Capital Partners, a private equity (PE) firm[4]. As part of the deal, William J. Pade, a partner at the PE firm joined oversee.net board as Director.
Oversee.net has been named to the Inc. 500, followed by a third rank in the Deloitte Technology Fast 50 of Los Angeles, and an eighteenth rank in the list of the nation's fastest growing internet companies[5]. It was also named "Internet and New Media Company of the Year" by the Technology Council of Southern California.
Acquisitions
Business Operations
Oversee.net currently owns a portfolio of over a million domain names[6]. The company's core brands include DomainSponsor.com, SnapNames, Moniker.com, DOMAINFest and LowFares.com.
The company's Aftermarket and Registrar Division comprises the two units of Moniker.com and SnapNames, and together the two offer an array of services including domain name registration, acquisition, management, appraisal, brokerage and sales. According to an interview given by CEO Kupietzky to CNN.Com, the company has overseen auctions that run into six figures[7].
Monte Cahn, Oversee, and Moniker
In 2008, Moniker was purchased by Oversee.net for $35 million USD. It had previously been acquired by Seevast in 2005.[8] Part of the acquisition of Moniker by Oversee stipulated that its Founder and CEO, Monte Cahn, come along as the President of Moniker for 3 years. During this time he also filled other roles within the company, such as President of SnapNames.[9] He left in December, 2010; in May, 20111 he filed a lawsuit against his former employer.[10] He filed suit against Oversee, and named its CEO, Jeff Kupietzky, and its founder, Lawrence Ng; the suit was over alleged non-payment of a $13 million USD incentive plan.[11]
In September, 2011, Mr. Cahn updated his claims of breach of contract and fraud after a judge tossed out his original claim. The new claim now contains specific language on how Oversee.net allegedly affected Moniker's revenue. He now states that the original acquisition was in violation of an agreement between Google and Oversee, and that Oversee improperly deflated Moniker's revenue and performance numbers.[12]
References
- ↑ http://www.domainnamenews.com/news/overseenet/3700
- ↑ http://oversee.net/jeff-kupietzky
- ↑ http://oversee.net/lawrence-ng
- ↑ http://www.oversee.net/news/91
- ↑ http://www.lead411.com/top-companies-list.taf?&_start=1301
- ↑ http://www.oversee.net/news/453
- ↑ http://money.cnn.com/video/technology/2010/08/20/t_domain_auction.cnnmoney/
- ↑ Seevast.com
- ↑ BlueGlass.com
- ↑ DNJournal.com
- ↑ DomainNameWire.com
- ↑ Monte Cahn Updates Lawsuit, DomainNameWire.com