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To start with $150 and 15 years later have $10,000, the principal would need to double 5 times to achieve 64 times return. How could you possibly convince a re
by IncRnd 9y ago
To start with $150 and 15 years later have $10,000, the principal would need to double 5 times to achieve 64 times return.
How could you possibly convince a registrar of that?
- ChuckMcM 9y agoThe $150 arises from renewing a domain for $9.99 every year for 15 years. Many people have registered hundreds of domains on the assumption that at some point, someone will want to 'own' them and will be willing to pay for that. When I was VP of Ops & Eng at Blekko I would get an email probably a few times a month from someone or another trying to sell me some domain they were squatting on. This sort of 'investment' is a thing is all I'm saying. The registrar just gets their annual fee, they don't have to be convinced of anything.
- jpttsn 9y agoMaybe by replicating this scheme, investing in multiple domains, hoping one of them will succeed enough to make up for the added cost.