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domains Rick Schwartz tweets that Ass.com is under contract for $6m + Royalties

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Rick Schwartz just tweeted out that he has a deal for Ass.com at $6 million plus royalties. He mentioned that he cannot yet say how the domain name will be used. Congrats to Rick on another big deal. Recently Rick won greatest domain investor of all time here and on Namepros. … [Read more...]
 
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Someone took out a contract on his ass.com, this is probably the only time this can be said in a positive way. I am guessing a donkey breeder purchased it.
 
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has to be $ASS token as he mentioned Ethereum in another tweet the other day.

$ASS stands for Australian Sea Shepherd, of course.
 
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@Rick Schwartz you are the domainking and a role model. The industry’s best role model imo

Samer
 
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Big money, but not a role model
 
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Went too cheap a 3L .com dictionary word for only $6,000,000 USD that is way too little should have went for at least $15,000,000. It's really nice someone got a steal at 6-mil.
 
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Went too cheap a 3L .com dictionary word for only $6,000,000 USD that is way too little should have went for at least $15,000,000. It's really nice someone got a steal at 6-mil.

$6m too little?

This is accidental sale, in my view
 
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this price is a good price for seller and buyer. congratulations! Wonder if it will be about donkeys? hmmm.
 
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$6m too little?

This is accidental sale, in my view
He has a few of these sales, I wouldn't call them an accident.
 
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he needs to set up a charity for needy domainers, that would be a good base for it, and donate the interest on it periodically. hmmm.
 
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he needs to set up a charity for needy domainers, that would be a good base for it, and donate the interest on it periodically. hmmm.

What are you hoping for? He is scooping roofs from under people heads.
 
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What are you hoping for? He is scooping roofs from under people heads.
just saying give alittle back to the industry. oh well. :)
 
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simple mutual fund to hold the funds at 7.5% interest annually comes to $450000 a year off of $6mm

then a contest to promote domaining with 1st thru 10th place awards.
 
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Went too cheap a 3L .com dictionary word for only $6,000,000 USD that is way too little should have went for at least $15,000,000. It's really nice someone got a steal at 6-mil.
Love this take
 
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Rick Schwartz just tweeted out that he has a deal for Ass.com at $6 million plus royalties

The 'plus royalties' is where the big, long run return will be...this isn't Rick's first rodeo.
 
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The 'plus royalties' is where the big, long run return will be...this isn't Rick's first rodeo.

Exactly, if you look at the sale price, it may come as undervalued, but I'm sure Rick does make those royalties worth a lot more than initial sales price.
 
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"Plus royalties" in this case, could literally mean... a piece of ass, on the reg.
 
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Makes me laugh when people flippantly say he undersold it for 6 million....this would make it the 13th highest reported sale of all time and take another look at the name 🙄 ( though I presume sex sells?)

Nearly everyone would take that offer, you're full of BS if you say otherwise...a lot would of sold for much less (me included)

Also most people would not or could not negotiate for royalty payments.....

Anyway.....very nice deal....
 
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How much he might have invested for ass.com?
 
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This sale will not elevate his standard of living because... one you get a second home your judgement becomes clouded. Yes, common wisdom from Mother Russia. He became a victim of his own success.

If you want to thank me, go eat white bread.
 
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Exactly, if you look at the sale price, it may come as undervalued

not at all. only a frothy crypto memecoin like $ASS (assfinance.com) would have ever paid 7 figures for a name like this, would have remained unsold for a lifetime otherwise.

all the stars aligned for this sale to happen, although only someone like Rick could have pushed it so far over the top at 6m + royalties.
 
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Booty services where insta models will pour their money. Ass Enhance. (Typical surgery costs around 2-5k)
 
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