If they only listened to Frankie in May 2007:"It's official, Snapnames has been acquired by Los Angeles based Oversee .. And while it may seem like the rumored 25mm sale was struck, purely on the EBITDA that Snapnames.com generates, I have a hunch this is all about what can be done with the industry’s leading automated auction platform and clearing house.
Oversee is behind the well received Domainfest conference and tradeshow. What do you suppose they could do if they plugged the Snapnames auction into their tradeshow and others? Then how about if they ran that auction with 4 lanes in a Las Vegas hotel and did the auction/show to coincide with Winter CES when everyone in technology attends? Think about what Christies, Barret-Jackson, and Sothebys have done with auctions over the years. Then think about how important great domain names are (are going to be in future)."
MORE (Note comment from me about John Wilsons Antique Auctions)
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