- Impact
- 17
1/ The media.net sale of $900 Million just underlines that domain sellers (even the Rick Schwartzes of the domaining world) are the equivalent of shaking the sofa for loose change - while entrepreneurs get PAID
Turakhia bros got $900 MM cash from this sale (assuming post acquisition targets are met)
With their other businesses taken into account, the two are worth at least $1 billion combined!
While in their 30's!
And worldwide, there are many magnitudes more entrepreneurs (and even early employees who got cheap shares) worth $10's of millions & more - than there are total domainers "making a living" (ie earning McDonalds wages or less. LOL)
2/ Meanwhile (99% Majority) Domainers are feeding off the scraps...cannablizing & competing with each other in the drops for expired random domains...
Not only do domainers have to wait around for (potentially) years, fend off tons of $100 offers even for top tier domains (as if they're doing you a favor), fight tooth & Nail to prevent getting beaten down by inquirers, insults & fake sob stories (to try get a lower price), they might even have to deal with UDRPs..
Then there's the following to "look forward" to:
- SPAM from fake renewal services
- SPAN from vaulation services
- SPAM (writeen in Chinese!) wanting to buy LLLL.com for $100
Does the phucking idiot think everyone can read Chinese!?
- SPAM from fake cancellation notices
- SPAM from web dev cos
- SPAM with attachments containing virus/malware
- SPAM from Chinese selling accounting software
Domainers are literally at the bottom of the food chain...
3/ Entrepreneur makes it happen...Domainer waits until entrepreneur makes it happen (when they might go for the domain)
Turakhia bros got $900 MM cash from this sale (assuming post acquisition targets are met)
With their other businesses taken into account, the two are worth at least $1 billion combined!
While in their 30's!
And worldwide, there are many magnitudes more entrepreneurs (and even early employees who got cheap shares) worth $10's of millions & more - than there are total domainers "making a living" (ie earning McDonalds wages or less. LOL)
2/ Meanwhile (99% Majority) Domainers are feeding off the scraps...cannablizing & competing with each other in the drops for expired random domains...
Not only do domainers have to wait around for (potentially) years, fend off tons of $100 offers even for top tier domains (as if they're doing you a favor), fight tooth & Nail to prevent getting beaten down by inquirers, insults & fake sob stories (to try get a lower price), they might even have to deal with UDRPs..
Then there's the following to "look forward" to:
- SPAM from fake renewal services
- SPAN from vaulation services
- SPAM (writeen in Chinese!) wanting to buy LLLL.com for $100
Does the phucking idiot think everyone can read Chinese!?
- SPAM from fake cancellation notices
- SPAM from web dev cos
- SPAM with attachments containing virus/malware
- SPAM from Chinese selling accounting software
Domainers are literally at the bottom of the food chain...
3/ Entrepreneur makes it happen...Domainer waits until entrepreneur makes it happen (when they might go for the domain)
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