Over the past few years, I have been involved in purchasing high level generic domains. Some of those domains were bought through auctions at Snapnames. When I heard yesterday that a former employee was doing sham bidding, I was in shock. I always had high regards for the company, which I could not say for the other major drop player at the time. There had always been rumors about auction companies doing things like this, but I never thought twice. In a small industry like ours, trust plays a crucial role. I commend Oversee for dealing with the issue, however their reputation is tarnished.
One step that I’d like Snapnames to do is to post a public list showing every auction this person was involved in. This way we can compare our records to see if in fact they are truly trying to make good on all auctions. I for one like to know if I’m owed any money.
Ed – Michigan
Larry,
Being Moniker a part of Oversee,
could they be at risk in this whole ordeal?
thanks Ed – Michigan
Thursday, November 5, 2009 – 07:03 PM
larry
Ed,
if you are asking if it effects the reputation of all oversee properties, i believe the answer is yes. If you are asking if you are at risk because you have domains at moniker, i would say no.
Thursday, November 5, 2009 – 08:17 PM
Ed – Michigan
Thinking primarily risk factor.
Even coming clean, Oversee is tainted.
Not because of coming clean, because
so many have questioned this particular
bidder in the past, and NOW coming clean.
Thanks Larry,
Appriciate your insights.
adam strong
The emails went out friday . so how much Larry ?
Larry
We were told that there was no effect to us. What BS. I did not even get a phone call before the news. It wasn’t until after I left a message that I finally received a phone response.
Let me know when the class action starts.
Tuesday, November 10, 2009 – 11:39 AM
Internetual
The class action has started Larry, as i’m sure you know by know. I would imagine large buyers of top geenrics and drops like yourselves are owed a sizeable sum by oversee. The whole thing is such a scandal. I hated when moniker were took over by oversee personally. It run beautifully when still owned by Monte, those dicks at oversee cocked things almost from day one
Thursday, November 12, 2009 – 10:49 AM