A number of developers (mostly Perl developers) I have worked with have been recruited by Oversee.net in downtown Los Angeles. Oversee.net predominantly started by registering domains (sometimes tasting them) and using them to make money off of clicks. They have since used some of their premium domains to host various sites and services, building them out with content and tools.

Jeff was one of the first employees. They have since exploded to hundreds of people and now they are expanding.

From an email I have received from Snap Names, a domain drop catching service:

To SnapNames Customers:

I’m writing to inform you that SnapNames has agreed to be acquired by Oversee.net. Oversee, a company already familiar to many in the domain name industry, is a technology-driven online marketing solutions company that offers an impressive array of services to domain name owners. You can learn more about the company at www.oversee.net.

It’s important that you understand there will be no changes to the way SnapNames provides its services. This is a combination of two industry leaders with outstanding reputations for serving domain name investors and customers at all levels.

We were attracted to Oversee for many reasons, including the opportunity to offer SnapNames customers a greater breadth of service offerings. Together, the two companies can provide services that support our customers’ needs throughout the entire life cycle of a domain name, including procurement, monetization and sales.

This transaction is expected to close in mid-June. There is more information available on our Web site at www.snapnames.com. Of course, we’re always available to assist you in any way we can, and encourage your questions and comments. Our support team is available to you here:

On the Web: http://snapnames.custhelp.com
By e-mail: support@snapnames.com

At SnapNames, you will continue to find the world’s largest selection of expired domain names. You’ll find no changes to your account or the way you do business with us. We value you as a customer and thank you for your continued business.

Sincerely,

Sudhir Bhagwan
Chief Executive Officer

Hopefully they don’t keep the best domains for themselves and continue allowing others to use their service to bid for some of those domains. :-)

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