Yahoo Welcomes People To “Domainapalooza”

YahooMIH83 / Pixabay

Yahoo! Inc. (NASDAQ:YHOO), in an apparent effort to clean Marissa Mayer’s closet to make room for further acquisitions, has decided to rid itself of a number of domain names it’s acquired over the years. Mayer, who has held the reins of the Internet giant for less than a year and half, has acquired well over thirty companies in order to return relevance to the Internet portal. While a large percentage of her acquisitions have been in the mobile arena, well, her closet is getting cluttered.

The auction will begin tomorrow and continue for a week ending November 21.

Price range of premium domain names

These “premium” domain names range from a simple thousand dollars to as high as $1.5 million for Shocking given that, in my humble opinion, will only go for something in the neighborhood of $100,000.

Clearly Yahoo! Inc. (NASDAQ:YHOO) doesn’t need the money, but you need an explanation for this ….palooza and this is what Yahoo has contrived:

When you’re a company that’s been around as long as Yahoo, there are lots of fun things that you stumble across. This year, we found a huge list of domain names that the company has owned for quite some time.

Yahoo to set domains free?

As we discussed what to do with them, it became obvious that it was time to set them free…back into the wild of the Internet. Surely, creative people, businesses and entrepreneurs could come up with something great to do with them. They could even spark some brand new ideas or companies.

Whether or not there is any truth to any of these suggestions, it isn’t worth your time. The fact is, these domains have clearly lost their utility and Yahoo! Inc. (NASDAQ:YHOO) believes that they will never have more value than they do right now.

Amongst the aforementioned domains, others for sale include the nonsensical ‘’ and ‘’ on the off chance that you woke up this morning needing either of those.

For exclusive info on hedge funds and the latest news from value investing world at only a few dollars a month check out ValueWalk Premium right here.

Multiple people interested? Check out our new corporate plan right here (We are currently offering a major discount)

About the Author

Brendan Byrne
While studying economics, Brendan found himself comfortably falling down the rabbit hole of restaurant work, ultimately opening a consulting business and working as a private wine buyer. On a whim, he moved to China, and in his first week following a triumphant pub quiz victory, he found himself bleeding on the floor based on his arrogance. The same man who put him there offered him a job lecturing for the University of Wales in various sister universities throughout the Middle Kingdom. While primarily lecturing in descriptive and comparative statistics, Brendan simultaneously earned an Msc in Banking and International Finance from the University of Wales-Bangor. He's presently doing something he hates, respecting French people. Well, two, his wife and her mother in the lovely town of Antigua, Guatemala. To contact Brendan or give him an exclusive, please contact him at [email protected]

Be the first to comment on "Yahoo Welcomes People To “Domainapalooza”"

Leave a comment