.com Gab.com sells for $20,000 more than it did in 2014

[equity78]

Gab.com has been reported sold by Flippa and hit Namebio tonight. The name was purchased on Sedo back in 2014 for $200,002. The name now has been listed as sold for $220,000. A recent snapshot shows the site with an ask of $250,000 Now when you look at the name in Google there is an address for app.gab.com. Here is the Crunchbase listing for Gab. The Twitter page has not tweeted … [Read more...]

 

[elmoney]

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[Windoms]

GAB is used in all french speaking countries.
ATM in english. Banking purposes.
The same way you use the word ATM in english, the same way they do with GAB in french.

 

[D Haynes]

Is that a loss after commission then?

 

[Furquan]

SO the seller only made $20,000 on his $200,002 investment which has taken him/her almost 4 years

 

[urlurl]

i like 'gab' names i have a few myself

gab is a nice casual social work - IMO

i guess they are just waiting for the right buyer to come along... or maybe they are playing hot potato selling from domainer to domainer each skimming a few dollars profit.

 

[anantj]

SO the seller only made $20,000 on his $200,002 investment which has taken him/her almost 4 years

Nope. The seller made lesser (or potentially nothing):

220000 - 10% = 198,000
If the seller wasn't from the states, factor in another 2-2.5% for currency conversion + possibly wire fees

 

[anantj]

Nope. The seller made lesser (or potentially nothing):

220000 - 10% = 198,000
If the seller wasn't from the states, factor in another 2-2.5% for currency conversion + possibly wire fees

Correction on the above: I just remember that Flippa increased their commission to 15% (12% if Flippa Escrow is used). So the correct math would be:

220000 - 33000 = 187000

Or

220000 - 26400 = 193,600