Jay’s Public Apology: Retraction on Mobi Madness

Yesterday Jay Westerdal of DomainTools wrote a post which this morning I linked to as part of a related post. I do believe Jay made an honest mistake as we were chatting after his post and he seems to be interested in the truth and even showed a little surprise when I mentioned Rick, myself, and some group who heavily bidded on .mobi (guess it was not the Sri Lanka group a they were phone bidding) were sitting at the same area and I mentioned it may be an auctioneer’s mistake rather then Rick backing up on an auction. Mistakes do happen and as Jay said, before such accusations much more due diligence should go into fact checking.
(Edit: Per post comment, here’s a link to Rick’s view on Jay’s actions)

The following is Jay’s public apology and further explanation, in it’s entirely.

In the last blog post I explored all the madness around DotMobi domains in Moniker’s auction. Moniker sent out an email saying that a bidder was delayed in paying for 8 DotMobi domains. Upon further clarification from Monte. The bidder was a Sri Lanka Investment group who also was delayed on payment of Computer.com and 8 DotMobi domains. Monte went back and sold Computer.com to the second bidder for $2.1 Million instead of $2.2 Million. Monte has the right as an auctioneer to award domains to the second bidder if the first bidder takes too long in paying. It is shame because I remember the first and second bidder battling on that one. However Monte says the Sri Lanka Investment group would still pay the $2.2 Million but they are delayed and he has elected to just move the domain to the faster party.

My staff notes also reflected inaccurately that Rick Schwartz was the winning bidder of Shopping.Mobi. He in fact was not the last bidder, the audio recording clearly shows it was bidder #161 on the phone (the Sri Lanka Investment group). I want to apologize to Rick publicly for making such a big mistake. I should have done more due diligence rather then relying exclusively on my notes. I will try and do a more through job reporting facts in the future.

3 Responses to “Jay’s Public Apology: Retraction on Mobi Madness”


  1. 1 Bill W

    Perhaps a bit more to the story than what you are glossing over here.
    Readers should got to Rick Schwartz’s Blog to get his side of the story. Rick sure doesn’t paint a picture of a simple “mistake” but rather a calculated smear.

    —-ANSWER—-

    I’m aware of it, thanks for reminding me though to link to his side of the story as well.
    Sahar

  2. 2 Anthony

    Sahar, “so-called experts,” often get things wrong.

    Experts who said dotMobi had no chance. And after a rocky college career, 6th round pick Tom Brady inevitably no future NFL career. The 1980 Miracle On Ice. All the experts who said to buy real estate in 2006 and tech stocks in 2000.

    It seems silly now. It was taken as gospel then.

    So lesson to all now.

    Be very careful when the “experts” say something is inevitable, like the death of dotMobi. It rarely is.

    And as they say, history is defined not by things we expected, but by things we did not.

    We know that. But we forget that.

    Like the boxer playing it safe because he’s ahead on all the judges’ scorecards going into the final round, then ends up getting knocked out in the final round. Like IBM dismissing Microsoft in the 1970s. And Microsoft dismissing Google in the 1990s.

    Until they don’t. And the game plays on. Only this time without them — the “experts,” the .mobi naysayers — playing in it.

    -Anthony

  3. 3 2w

    re My Dear Sir Anthony : :

    http://www.domainnamenews.com/domain-aftermarket/mobi-buyers-remorse/1300#comment-14991

    alas ,
    at last ,
    that’s my own official response
    2[to]
    those comments from
    those who promote .mobi , expecially
    those ““`insiders”"”" ,

    cheers , please , peace , ThANKye , 2w

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