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Originally Posted by draggar I would love to be a fly on the wall during his negotiations. He could sell sand to an Arab and salt water to a mermaid. |
I don't always agree with Rick, but he is one of the most interesting and smooth business men I've ever come across.
If I remember correctly, Rick bought the domain for something like $150,000 and the domain was bringing in several thousand a month from ads. I definitely thing it was a smart idea to sell the domain exactly the way he did it because:
1.) $3m in the bank can fund a lot of acquisitions
2.) residuals will end up making him as much as he made before
All hail the king.