SlashNOT.org acquired by rival SlashNOT.com
Posted by Matthew on Thursday March 20, 2003 @07:17PM
from the you-must-be-high-finance dept.
Matthew writes: SlashNOT.com is proud to announce that is has completed a leveraged buyout of rival website SlashNOT.org for US100.00.
“Having ownership of the highly valuable SlashNOT name in both the .com and .org memespaces is a major coup for SlashNOT.” Said co-founder Matthew. “We’re vectoring people who would have been going to a competitor straight to our brand.”
SlashNOT.org had been operating a small site operation indicating that the name had been registered and parked.
“The negotiations were tough—they came to us asking for US13.00 dollars. By the time we sealed the deal, we had them up to US100. We’re tough negotiators. I think they saw that.”
“We’re now in a position to expand into other memespaces, such as .biz and .info. Once we dominate those markets for the SlashNOT brand, there can be no possibility of confusion in the satire consumer’s mind about who the premier Slashdot ripoff site really is.”
SlashNOT is currently in negotiations to register their famous brand in the .net namespace, pending balance reduction measures against current leveraged debt instruments to first-round financing partners VISA and MasterCard.