Labeled as poll in General Domain Discussion started by shig, Jul 13, 2018.
Based on estimated net worth of your domain portfolio.
Until the domains have been sold at your estimated value, you can't be considered a millionaire!
You said it all
If a domain portfolio was consistently generating $200k in revenue via sales and parking income net of renewals perhaps a company like Godaddy or Uniregistry might be willing to pay a $1 million plus for that portfolio. Would the portfolio holder sell at that price? Perhaps they would want a higher multiple.
As others have stated one cannot simply multiply number of domains times average list price to determine portfolio value. Only at the point where pricing starts to attract regular sales can one begin to pontificate a portfolio's value.
"If your doman portfolio has an estimated value over $1mil should you be considered a millionaire?"
Yes, but you should use the liquid or reseller price as the value estimator.
No, I am poor, help me out please. I don't have millionaire domain names but I do have some crap names which get sold to end-user.
A Poor Domainer
Millionaire? What's that? How many zeros are in there? Is that even legal?
No its not legal, it should be read as "million in air"
Million in Air = only in dream
nowadays, people with over $2 mil in cash, are hardly considered millionaires
There are people who have domains they can borrow money on due to their high value.
If they have one word .com's that have been bought and sold for 5,6,7 figures then yes.
unfortunately most domains are actually worth -$6.99, due to their yearly registry fee.
if I was or wasn't - I would not say - as it shows a lack of class
Millionaire is a dream for me and trying to convert in reality.
I'm definitely not a millionaire my portfolio is probably around a 130k reseller value. I'm working hard to get to that million it's not far-fetched it's definitely doable 3 years ago I started with 400 bucks
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