I dont get this at all, perhaps some of the experts here can shed some light on this deal, I was going to start a similar post after doing some research on this term...
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Wow, the name gets no results for overture or anything , it wasn't a company name, NADA.. A company must have really liked the phrase . It's not even a generic phrase !
Schwartz registered the name for 35 bucks back in the 90's as it states there, sat on the name for years and sold it for this amount.. Talk about Luck with a capital "L" !
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I dont get this at all, perhaps some of the experts here can shed some light on this deal, I was going to start a similar post after doing some research on this term...
1 link only
Schwartz registered the name for 35 bucks back in the 90's as it states there, sat on the name for years and sold it for this amount.. Talk about Luck with a capital "L" !
++++++++++++++++++++
It ain't luck, Honey.
It's called an investment which matured.
Congrats to the Domain King!
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Are you feeling well daddy?Originally Posted by DaddyHalbucks
Yours, Rubber Duck
Please note that any historic offers over a month old are null and void.
my opinion: i think he was lucky
the buyer is just plain "silly"
$110,000 for that domain??? anyways....
Originally Posted by evibe
If you look at the Domain King's portfolio, you will see alot of gems.
This isn't his only sale.
It isn't luck. He was 10 years ahead of his time.
I think the "luck" he was referring to means that it doesn't fit the present day domainer's model of valuating a domain based on type-in traffic and keyword phrases. From that perspective it makes sense. There are many possible substitutions for this particular name, it's not a keyword, it got no traffic.. the fact that it was available back when domains were selling at their peak and he freely registered it supports this point. Decent name, but my personal appraisal on it: $250-$500. Very very good sale for the domain king.
Sometimes, the domain name is secondary, to the business of paying a ridiculous amount for a name. It happens, that often times, earnings are hid from taxation, or amounts need to be place on a domain for write offs etc, I,m not implying this here is one of those but it is interesting.
Just My Thoughts, now yours...
Any offers on these 2 domains, Prairieprovinces.ca/com
I assume the buyer intends to use it for some type of affiliate network which would make a decent fit...probably has the $ to throw around...
Originally Posted by NameYourself
Well, you just left $109,500 on the table.
PartnerCash.de - explains it all
That's why no one's gonna offer YOU 100k for one of your names... it's well known that Rick won't part with his domains for such paltry sums... if you see his name on a domain you have to want it badly enough and be willing to pay for it.Originally Posted by NameYourself
This doesn't make sense to me. If you want to buy a name for a tax write off, you could still do it and get quality as the value of a domain is pretty subjective. I am sure many people play these kind of games without actually deliberately buying expensive junk!Originally Posted by Tedgeman
I feel the domain has potential perhaps for a Venture Capital firm, which could build a successful business using such a site without relying on a lot of junk type-in.
Best Regards
Dave Wrixon
Yours, Rubber Duck
Please note that any historic offers over a month old are null and void.
Right. For every one such investment, there are literally hundreds of thousands of similar or better "investments" rotting to their bones while waiting to "mature". The numbers aren't simply on our side, and you're promoting a costly ideology if you're implying otherwise.Originally Posted by DaddyHalbucks
No Joke Newsflash Here - PM ME IF YOU WANT TO BE NOTIFIED AT THE LAUNCH OF MY UPCOMING BLOG!
Well said Sas, agree 100%
DaddyHalbucks, how did those .MD investments work out for you?
So you've domains that are "similar or better investments" just sitting around rotting? Send me your list, I'd be happy to take away all those bones.Originally Posted by sasquatch
Agreed.Originally Posted by sasquatch
But, why does Rick seem to hold so many successful investments while others hold the rotting corpses?
If people can't look at a successful person like Rick and learn from him, if people can't recognize successful investing when they see it unfold in front of them, if people can't learn from their own mistakes of holding rotting corpses and change their tactics, then they deserve to fail. Simple as that.
Last edited by DaddyHalbucks; 07-22-2005 at 05:17 PM.
Sorry, but I don't have any absolute 0 overture domains for 110k.Originally Posted by Nameable
But I do have some with overture numbers, which I assume you're willing to pay mid six figures?
Don't mind me if I ask you to enlighten me, how can an absolute 0 overture domain (with miserable 3k in google for the term) be exactly seen as a successful investment unfolding in front of us?Originally Posted by DaddyHalbucks
Last edited by sasquatch; 07-22-2005 at 07:21 PM. Reason: Automerged Doublepost
No Joke Newsflash Here - PM ME IF YOU WANT TO BE NOTIFIED AT THE LAUNCH OF MY UPCOMING BLOG!
Originally Posted by sasquatch
Why is it an excellent investment? Because he paid $35 --and he sold it for $110,000. The proof is in the pudding.
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