4. Today, WebInvestments stopped posting. Instead, a new account appeared: WPM. "Web Portfolio Management". "Web xxx" again? Seriously??
Yes... seriously.
Let me be absolutely clear. I am new to NP. You have an issue with that?
I have said that I do know A.D. from chat and phone calls. Never exchanged any money for services.
To be CLEARER, after being disgusted with the way the D.Sherpa videos potrayed Domaining as ezpz, and posted on D.S. for them to be a bit more realistic as to what it does involve, $$$$$. He reached out and we started speaking.
I have been lucky to be able to maintain a portfolio of +- a thousand domains for about 10 years. (of course that is cumlative over time). Hit hard times dues family emergancies and asked A.D. to broker any domains in my portfolio he thought would fetch good $$$ asap. Unfortunately, nothing ever transpired.
And may I add, if he would have sold a domain for me, I would have been grateful as hell. To go one further, if he had a bite on one of my domains and sold it... still no problem. I would be grateful.
That doesn't mean I would have endorsed any nefarios actions and still don't .
I am still a regular guy trying to make a living.
Next issue below.
Thanks for your reply.
But I don't belive I condoned any nefarious actions.
I am not sure if he owed you money... but had he not have to pay another millionaire first... you may have been whole by now.
All I am pointing out is that "carrying debt or credit" between businesses is common practice and it should have been last on the list so the little guy got paid first.
Sorry you have an issue with my statement.
Regards,
WPM
A reply to my comment was...
Considering Adam has done interviews where he has said he's a multi-millionaire and has a portfolio of domains worth over $200,000,000 dollars, how is him having to pay another millionaire $xx,xxx that he is owed have anything to do with him not having enough money in the bank to pay back those who are looking for a smaller amount of $xxx-$xxxx to be refunded. It's all chump change to Adam.
At 26:30 (or 11 minutes and 9 seconds into the convo)....
Interviewer: You made boatloads of money and I think you had said you were worth $200 million
Adam: My portfolio was evaluated at that awhile ago but it's worth more now.
https://www.listenmoneymatters.com/better-know-a-millionaire-with-adam-dicker/
-July 2015
You are right. However, values and evaluations are matters of opinion, no matter what the subject.
I have had many tell me my domains weren't worth reg fees just by looking at the name. But if they don't have in their mind what I am thinking development wise... therein lies the issue.
And further more, just because you own something that may be considered of value, the value has to be shared between to parties for an agreement for a sale.
Just like us, if we could flip a switch and sell any domain we wanted to in 10 minutes and make a profit... we wouldn't be here trying to sell.
My opinion stands... F.S. SHOULD NOT have demnded his money immediately. He was not a "victim" in my eyes. He had the means to allow A.D. to make things right sooner.
I am not defending A.D., just voicing my opinion of how I think ONE person could have helped the situation by not demanding money that may not have made an immediate impact on his life or business.
Thank you for your replies.
Regards,
WPM