discuss A domainer declined $3 Mn on .mobi in 2012

[abstractdomainer]

A domainer I once met in a domain conference, had a huge portfolio of .mobi domain names which he thought had a great potential.
He held the portfolio and denied close to $2.5 or $3 million offer on the .MOBI portfolio that he had. If I am not wrong, I remember him telling that the offer came via one of the auction platforms, like 7-8 years back.

He said, he felt bad rejecting the offer looking backwards. He was so sure of the domains that he owned, that he let go off such life changing offer. However, I am not sure about the number of domain names he owned(actually I don't remember) or the quality. But he sure was a credible domainer and if he said something, it must be true.

However, he concluded the talk by saying that domaining is that kind of business. You win some, you lose some!

The point that I am trying to make here, is that many of us lose out on some of the deals when negotiating. probably because we are expecting more out of the portfolio, which is fair in this business.

Do you recall any such stories where you declined an offer in hope of a better offer and later, the domain either did not sell and you let it expire, or you sold it at the same or a lower price?
Or maybe, you are still holding them.

 

[BrandEntrance.com]

I don't agree that greed can be equated with believeing you have something worth a lot more.

If he had crypto.com and didn't sell it for 3M then he would just have been smart. It's all relative, greed can't be packaged like that. Greed is something else.

 

[Wesley S]

I don't agree that greed can be equated with believeing you have something worth a lot more.

If he had crypto.com and didn't sell it for 3M then he would just have been smart. It's all relative, greed can't be packaged like that. Greed is something else.

i agree, it couldve been worth $4m we just dont know without all the evidence. you know? heck, it couldve been 3.1m but was declined you know.

 

[abstractdomainer]

I got a 12k offer for 3DChannel.com not long after the movie Avatar was realeased and 3D was booming. I rejected the offer from a large Canadian company and then held onto it for years before flipping it on NP for $150 recently.

Hard luck!

I bet, he meant to say; You win some, you loose more!

Hahaha.. Could be!

Hi

so, did his first name start with P?

No

Hi

after rick the wiz, aka da domain king, sold flowers.mobi.. the rush was on!
imo….

Well, was the price revealed?

 

[martbele]

Domaining is not really different than :

• Real Estate
• Stock Exchange
• Forex
• Casino
• ...for example

Your worst enemies when it's time to check out are : Greed & Emotions

It's not always about experience. We often talk more about «TIMING»: Good person, Good place, Good moment.

So, I did lose myself some deals, maybe not that range but interesting profit because of greed. Back in 2016, I sold a name via SEDO: [keyword]HOST.com for $1000. A couple of days after the deal, the same buyer put an offer of $750 on another name I owned [sameKeyword]HOSTING.com. A pertinent variation of the first sell. I rejected the offer because of greed. Reflex was : «Oh, I got an serious enduser, so I can ask more, cause he's got money..!» He then cancelled. Shame on me! I sold this unsold name later on aftermarket for $69 cause I needed money.

Get rid of GREED & EMOTIONS when it's time to close.
Be wise with your pocket..!

 

[Dandelion]

I got a 12k offer for 3DChannel.com not long after the movie Avatar was realeased and 3D was booming. I rejected the offer from a large Canadian company and then held onto it for years before flipping it on NP for $150 recently.

Sorry about the loss. But there's absolutely no reason to turn down this offer. 3DChannel isn't top of the chain for 3D domains.

 

[gilescoley]

Sorry about the loss. But there's absolutely no reason to turn down this offer. 3DChannel isn't top of the chain for 3D domains.

Yeah, but if 3D had boomed, it would have been worth a lot more. That was the first offer I got, and from a company with a $3 billion turnover in 2016. I will never accept the first offer I get from anyone.

It would have been at the top of the pile if its for a new 3D TV Channel. Its par for the course with domainers who focus on future tech names You win some, you lose some.

 

[DrJacoby]

its still stupidity to turn down $3 million for ANYTHING!

Yeah, Jeff Bezos would be stupid not to sell his Amazon empire for $3M...

 

[stargoldsilver]

you take it all out of context smartguy its in relation to any .mobi domain as the topic is on. so literal atypical response its obvious amazon is at least $4 million lol.

 

[DrJacoby]

you take it all out of context smartguy its in relation to any .mobi domain as the topic is on. so literal atypical response its obvious amazon is at least $4 million lol.

You need to look up the word "anything" in the dictionary. It doesn't say "only in relation to .mobi domains".

 

[donnied79]

I started domaining in 2007 and I regged here in 2008. In 2012 .mobi was already considered trash. Sorry for going straight to the point but nobody in the world would have ever refused even 500K for a .mobi portfolio. If we were talking about 2007-8-9 it could be true but in 2012 Rick Schwartz had already sold flowers.mobi for 6.5K after paying 200K for it years before.

 

[stargoldsilver]

You need to look up the word "anything" in the dictionary. It doesn't say "only in relation to .mobi domains".

pick pick pick

 

[satsdifference.com]

when .mobi was announced as one of the few new tlds/landrush 2006 before that people didn't have internet on phones (browsers) like they today..



-have a special day

 

[satsdifference.com]

in 2001 on register.com website (after network solutions split its monopoly [google internic if you may]), they advertised the philippines' .ph "phone" extension also as on their own site as:

".ph(one)"