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Yes, if. It's not a matter of nobility, it's a matter of putting my money in the areas where the a) the ROI is highest with b) the highest probability of reali
by crikli 14y ago
Yes, if.
It's not a matter of nobility, it's a matter of putting my money in the areas where the a) the ROI is highest with b) the highest probability of realizing that ROI.
My experience has demonstrated that forecasting the ROI on a domain name is...well, I don't want to say impossible, but the projections are difficult to compose and they've not proven to be realistic.
Now, I may just suck at projecting the annualized value of a domain name, in which case the problem is my level of suckage.
- ohashi 14y agoThat's an odd response given the way you initially phrased it. It wasn't an economic comparison for your company directly (arguably it was indirect support for supporting industries). You talk about burning cash (which I would read as not spending efficiently at a minimum) and buying liquor. You've rephrased your disagreement now that domains aren't ROI oriented. Is your objection really objective or emotional?
- crikli 14y agoYeah, sorry for the confusing terminology and context switching. I did not do a great job of communicating what the voices in my head were telling me. I frequently talk about business in terms of flying an airplane. So I meant "burning cash" as I would mean "burning fuel" in the pursuit of getting from point A to point B. Didn't mean it in the context of getting a pile of it and lighting it on fire. I was joking about the beer and wings bit.
- ohashi 14y agoAppreciate the clarification. In my honest opinion, there are very few domains that would really qualify as 50k names. I think the average sale is around 2k-2.5k according to the data I've seen. What would you say at that price?
- crikli 14y agoWouldn't do it. I'm just not willing to be a part of the squatter economy. That goes for domain names I hold as well. I've sold several and have never charged more than what I have in them. This is an extreme position, I realize this.