3 ms·

I read (but didn't confirm), that it's on a payment plan. So maybe it's more like renting the domain, which makes at least this detail sound more reasonable.

• llamaimperative 2y ago
  A 24 month payment plan for that amount is still... $75k per month. So... no not really.
  • caprock 2y ago
    That is indeed wild. Did you confirm it's 24 month term?
    • llamaimperative 2y ago
      That’s a typical term for domain payment plans. Look it doesn’t matter what the payment terms are: a $1MM domain name is absolutely apeshit for just about any company, never mind a company with no product, no revenue, no traction, etc etc
  • imiric 2y ago
    24 months is more than enough to pump their grift, recoup their investment, and have some extra left over to do it again later.