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They sold for quite a bit more than $1M, in fact. I would argue that the actual sales are realistic (in the sense that they reflect the actual price that peopl
by CydeWeys 6y ago
They sold for quite a bit more than $1M, in fact. I would argue that the actual sales are realistic (in the sense that they reflect the actual price that people are willing to pay for them, i.e. their actual value), and it's merely your expectations that are unrealistic. You are significantly underestimating how valuable a good one-word keyword is in a single globally unified namespace used by billions of people daily. For companies worth many billions of dollars (most of the below), a few million on a killer domain name is nothing.
Here are some notable expensive domain name sales:
Uber.com 2% of the company's equity in 2010 (!!)
Sex.com $13M
Hotels.com $11M
Tesla.com $11M
Porn.com $9.5M
Fb.com $8.5M
https://en.wikipedia.org/wiki/List_of_most_expensive_domain_names https://en.wikipedia.org/wiki/List_of_most_expensive_domain_...
- dmix 6y agoWhoever owned Uber.com was a smart business person and/or a tough negotiator. That’s brilliant. Thanks for the examples. Note it also lists LasVegas.com for $90 million (in instalments) from 2005. https://www.forbes.com/sites/forbestechcouncil/2018/08/07/exact-match-domains-how-to-price-these-high-value-assets/#156a9f337437 https://www.forbes.com/sites/forbestechcouncil/2018/08/07/ex...