Afternic: Difference between revisions

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== History ==

[https://www.afternic.com/ Afternic.com] has been in the business of reselling domains for years. However, the company has changed owners several times, and it's evolution has hardly been ~~plain~~ sailing. A major change in company ownership came when [[Register.com]] purchased Afternic.com for about ~~forty eight~~ million dollars in September 2000. ~~However, within~~ two years Afternic had failed, and [[Register.com]] ~~announcing~~ that it was shutting down of the company. <ref>[http://www.dnjournal.com/columns/coverstory6.htm DN Journal]</ref>

[https://www.afternic.com/ Afternic.com] has been in the business of reselling domains for years. However, the company has changed owners several times, and it's evolution has hardly been smooth-sailing. A major change in company ownership came when [[Register.com]] purchased Afternic.com for about $48 million dollars in September, 2000. Within two years Afternic had failed, and [[Register.com]] announced that it was shutting down the company.<ref>[http://www.dnjournal.com/columns/coverstory6.htm DN Journal]</ref>

However, an internet entrepreneur, [[Roger Collins]], and his brother [[Michael Collins]] purchased the company for a mere one hundred thousand dollars in 2002. It may be mentioned here that Roger Collins was at that point the creative mind behind quite a few online businesses, including ProProject ASP and ChangeNotes.com.

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It was also part of Collin's game plan to turn Afternic.com from an independent exchange profile to that of an exchange-broker network.

The site was sold again in 2006 to [http://namemedia.com/ NameMedia Inc.]. NameMedia were also owners of BuyDomains.com, which enabled the company to sell the inventory of the said site on Afternic.com. <ref>[http://www.domainappraisal.org/articles/afternic-aftermarket-review/ Aftermarket Review on DomainAppraisal.org]</ref>

== Business ==

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 == History ==
-[https://www.afternic.com/ Afternic.com] has been in the business of reselling domains for years. However, the company has changed owners several times, and it's evolution has hardly been plain sailing. A major change in company ownership came when [[Register.com]] purchased Afternic.com for about forty eight million dollars in September 2000. However, within two years Afternic had failed, and [[Register.com]] announcing that it was shutting down of the company. <ref>[http://www.dnjournal.com/columns/coverstory6.htm DN Journal]</ref>
+[https://www.afternic.com/ Afternic.com] has been in the business of reselling domains for years. However, the company has changed owners several times, and it's evolution has hardly been smooth-sailing. A major change in company ownership came when [[Register.com]] purchased Afternic.com for about $48 million dollars in September, 2000. Within two years Afternic had failed, and [[Register.com]] announced that it was shutting down the company.<ref>[http://www.dnjournal.com/columns/coverstory6.htm DN Journal]</ref>
 However, an internet entrepreneur, [[Roger Collins]], and his brother [[Michael Collins]] purchased the company for a mere one hundred thousand dollars in 2002. It may be mentioned here that Roger Collins was at that point the creative mind behind quite a few online businesses, including ProProject ASP and ChangeNotes.com.
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 It was also part of Collin's game plan to turn Afternic.com from an independent exchange profile to that of an exchange-broker network.
 The site was sold again in 2006 to [http://namemedia.com/ NameMedia Inc.].  NameMedia were also owners of BuyDomains.com, which enabled the company to sell the inventory of the said site on Afternic.com.  <ref>[http://www.domainappraisal.org/articles/afternic-aftermarket-review/ Aftermarket Review on DomainAppraisal.org]</ref>
 == Business ==