Quote:
Originally Posted by Konda
Nice sale, but the price is obviously bullshit. They always inflate the price to keep/inflate the value of their other domains.
".... for just $920 in 1997 and that over the years leading up to the sale the name had produced around $150,000 in revenue for him"
So the domain makes $7500 per year in typein traffic and sells for over $1 million, it obviously doesn't add up. The domain itself is okay, but if you have 1.4 million you can get much better brandable domains for less and spend the rest on branding and traffic.
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of course its not worth that much but it comes down to, a guy like rick has no need to accept 'what its worth'. he can throw any price out there, take it or leave it. for whatever reason the buyer wanted it bad enough to pony up the cash. i don't see why people are so surprised.