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Uzi Nissan just died of COVID19. It will be interesting to see if his relatives stick to his principals, and hold onto the web site in memory of him, or make mi
by woofie11 6y ago
Uzi Nissan just died of COVID19. It will be interesting to see if his relatives stick to his principals, and hold onto the web site in memory of him, or make millions and sell to Nissan.
I hope they hold on.
I predict someone will eventually sell, though. Principled people are few and far between.
https://www.autonews.com/automakers-suppliers/uzi-nissan-who-beat-nissan-dies-covid https://www.autonews.com/automakers-suppliers/uzi-nissan-who...
- ajkjk 6y agoWell, selling a website because you don't personally care very much about owning it doesn't necessarily mean someone is unprincipled. Most people don't have a principle of being more attached to their name than millions of dollars. I certainly don't!
- ethbr0 6y agoThe backstory [1] is than Nissan spent years being corporate jackasses to this guy in international legal systems, when he refused to sell. A few million for something I don't care about? Sure! A few million foregone to piss off a corporation who wronged a relative and tried to steal what was rightfully his? No question: nope. And I'd dedicate the page to reasons you shouldn't buy a Nissan. [1] https://jalopnik.com/uzi-nissan-spent-8-years-fighting-the-car-company-with-1822815832 https://jalopnik.com/uzi-nissan-spent-8-years-fighting-the-c...
- schwartzworld 6y agoA few million to let go of a domain name? I'd compromise those principles in a heartbeat and move the site to a different domain.
- koolba 6y agoWhy would the car maker even care about paying top dollar for the domain at this point?
- adtac 6y agoSame reason Tesla bought tesla.com for $11m. Same reason not owning steam.com gives Valve grief.
- dencodev 6y agoThey also don't even own valve.com
- neurobuddha 6y agoBut they are still wildly successful. Makes you wonder if owning the dot com really matters.
- zemo 6y agovalve.com states that its estimated worth is $500k-$750k so presumably valve just doesn't care to buy it, that amount of money is peanuts to them.
- rudedogg 6y agoYeah I don’t think they would buy it. It’d just result in bad press.
- jchook 6y ago"All press is good press." Remember getfirefox.com? Can you imagine how many people type nissan.com into their browser? And how niche that press release would be?
- koolba 6y ago> Can you imagine how many people type nissan.com into their browser? I bet it’s not that many. When’s the last time you entered a URL in the address bar directly for a website you’d never been to? I don’t even trust myself to not have an accidental typo so if it’s not a bookmark or copy/paste from an external source, it goes through a search engine.
- hkmurakami 6y agoDepends on how Uzi Nissan’s will/estate is set up, whether the domain has been left to a particular heir or is simply part of the overall estate to be split among heirs — in which case you’d probably need to set up a corporate structure so that heirs can own shares of the company owning the domain. Otherwise liquidation is likely. This is often how long term RE holdings or family businesses get sold.
- jacobwilliamroy 6y agoIt kind of paints a dark picture. The family unit used to be like a person who never died. Wealth, ideas, skills, values all would be passed down and developed over time. Now the corporations can outlive us, they can wait. Our families are weaker than the corporations. That scares me.
- JackFr 6y agoMany people find corporations more democratic than an aristocracy. I’d rather have AMZN on NASDAQ than have Lord Bezos become a trillionaire.
- deleted 6y ago[deleted]
- Skunkleton 6y agoGood thing we don't have to choose!
- CarbyAu 6y agoYour second sentence, what's the difference? Isn't he likely going to be the next trillionaire anyway, with or without the title of Lord?
- philplckthun 6y agoAlso is there some magical step once you’re a trillionaire? Surely at this point it doesn’t make a difference anymore exactly how rich the guy is.
- deleted 6y ago[deleted]
- woofie11 6y agoNope. There are classes among the ultrawealthy too: * Lower-class ultrawealthy have billions on paper, but no liquidity. Think of a founder sitting on a pre-IPO unicorn. * Jeff Bezos is lower-middle-class ultrawealthy. He has wealth, but he can't use it, since it's locked up in Amazon. If he sold it all, Amazon stock would collapse. * Bill Gates is middle-class rich. He has "free" wealth which he can do with as he pleases. * Upper-class wealthy have wealth in political structures (think Saudi princes for a visible example, or low-key formerly noble European families who hold massive amounts of land). Their wealth is now structured so it can survive economic collapses, wars, and so on, and they can command real power through global political influence. It's really about how much you can use your wealth for power and influence.
- randyrand 6y agohow old was he? cannot find that info anywhere
- jrochkind1 6y agoWhat would you say is the principle involved for holding on to nissan.com instead of selling it for millions?
- CivBase 6y agoWhat principle? It's just a domain name. They shouldn't be compelled to sell it if they don't want to, but they also shouldn't be compelled to keep it if they don't want to.
- ROARosen 6y agoSelling it is not inherently bad. Especially since it seems they can use some financial help. There is a GoFundMe page to support his family. https://www.gofundme.com/f/Uzi-Nissan https://www.gofundme.com/f/Uzi-Nissan