domain Pension [dot] com

[Kingslayer]

I’ve paid a huge amount of money for this domain but felt i got a bargain to what this domain is potenitally worth (according to the OECD retirement savings in pension funds exceeds $50 trillion USD).

One of the reasons why I bought this is, I just felt there’s almost 8 billion people in the world and all will think about retirement at some stage of their life and many people start paying into pension funds at a young age (late teens/20's and 30's).

Most people when it comes to retirement will have pension funds in the hundreds of thousands and its fairly common for people to have 7 figures + pension pots, so I just felt if it was common for 1 person (out of nearly 8 billion in the world) to have a pension pot of $1 million+, how much is the home of the pension industry worth on the world wide web (Pension dot com)?

I do have my own thoughts on valuation, but very interested to hear yours. How much would you value a $50 trillion industry defining domain name?

Please check out the domains landing page I have created and thank you to everyone who comments.

*If you give an appraisal please don’t type out the domain in full as I will be locking and censoring this thread at some point and don't want it indexing*​

 

[Mike Goodman]

domain name decisions will be taken by the CEO and the marketing team..

The purchaser of this domain will not be a small business. The marketing team will doubtless make the initial decision and recommendation. It may even be the COO (rarely the CEO). But in any business, how many millions can the marketing team or even the COO, other than as a part of a senior management team, spend in a single transaction before higher approval is required? Often not even one.

QED.

 

[GeorgieFromTheBing]

wowsers... amazing domain name, no doubt...

 

[Atone]

The best name I have seen in the appraisal section.
Congratulations on having the ability and funds to secure.
Magnificent.

 

[Digital Nomad]

It is not all that hard for billionaires to get top dollar on assets they sell. The average person is not in that situation.

You don't hear about all the domains people don't sell by asking over the top prices, just the handful that actually sell.

It's a great domain, but sales over a few million dollars are a major rarity.

Brad

It is a mindset, the only way you can sell for 8 figures is to reject 7 figures. It is rare, but if you do not believe in it, then it will never happen. It does not mean that his domain is not worth 8 figures, because there is currently no buyer. He owns a ultra premium, and the value is there, if there is a buyer or not. Whoever the owner is, the domain matters.

 

[Digital Nomad]

everything boils down to how rich u are..to sit around and wait..rejecting 1mil offers.

u make a mistake comparing him to most domainers here. therefore his actions dont apply or compare to most either..its irrelevant

It's about the domain name and the value (appraisal), he asked for it. Not the person who owns it.

I do have my own thoughts on valuation, but very interested to hear yours. How much would you value a $50 trillion industry defining domain name?

 

[bmugford]

It is a mindset, the only way you can sell for 8 figures is to reject 7 figures. It is rare, but if you do not believe in it, then it will never happen.

It is a lot more than a mindset. It is likely to be far more expensive to buy a domain from Bill Gates that Joe Blow. There is a complete lack of motivation to sell if you have billions of dollars.

You are basically taking one outlier sale, sold by a billionaire, and trying to apply that to a different situation. I just don't see it.

There have only been a tiny handful of 8 figure sales in history, especially ones for a pure domain without a business built on it. NameBio.com only shows (15) $2M+ sales since 2015.

Brad

 

[Digital Nomad]

It is a lot more than a mindset. It is likely to be far more expensive to buy a domain from Bill Gates that Joe Blow. There is a complete lack of motivation to sell if you have billions of dollars.

You are basically taking one outlier sale, sold by a billionaire, and trying to apply that to a different situation. I just don't see it.

There have only been a tiny handful of 8 figure sales in history, especially ones for a pure domain without a business built on it. NameBio.com only shows (15) $2M+ sales since 2015.

Brad

This does not mean, just because they did not sell for 8 figures, that the value is not 8 figures. And I'm talking about ultra premiums.

 

[Amit V]

Speechless ! Congratulations.

 

[jhm]

When stating 8 figures, but certainly 7...I think I'll stick by it, mainly because I'm a hopeless romantic. Plus, swaying towards the optimistic side...its kind of my thing

Again, great investment @Kingslayer ...regardless of the horizon people see, I anticipate you'll do fine either way

 

[NickB]

Congrats on the purchase - you got yourself a gem

Nice to see the plural is in use - it forwards to Future Plan, not sure sure if it was part of the deal when they bought Pension Strategies or not?

So many deep pocket end users for this domain it is unreal

Curious to see what you value it at?

 

[alcy]

yeah... people throw around millions here like its 5cents.

sure ..maybe..if u wait long enuf u can double or triple yer money... but it becomes matter of how long u can tie up this much cash for.

plus I would also ask myself how often in domain world..or life in general do we get lucky enuf to buy something with 10x or more resale potential. sometimes. but not often.

as in..if too to be true...

gl

 

[Digital Nomad]

But yeah your right it is stretching it to think 10+ mil - never say never though all it takes is 1 company to come along who really wants it and ........

The only way Michael J. Saylor from MicroStrategy.com sold Voice.com for $30 MILLION was to reject offers of 1$, $10 to $20 MILLION. He knows the true value and power of domain names and held on to them until a buyer came along who also understood the value of ultra premiums.

 

[alcy]

The only way Michael J. Saylor from MicroStrategy.com sold Voice.com for $30 MILLION was to reject offers of 1$, $10 to $20 MILLION. He knows the true value and power of domain names and held on to them until a buyer came along who also understood the value of ultra premiums.

everything boils down to how rich u are..to sit around and wait..rejecting 1mil offers.

u make a mistake comparing him to most domainers here. therefore his actions dont apply or compare to most either..its irrelevant

 

[nononsense123]

Couldn't have happened to a better person imo.
Andrew Rosener is the man for the job imo.

 

[NickB]

The only way Michael J. Saylor from MicroStrategy.com sold Voice.com for $30 MILLION was to reject offers of 1$, $10 to $20 MILLION. He knows the true value and power of domain names and held on to them until a buyer came along who also understood the value of ultra premiums.

That's why I said never say never - not going to totally dismiss the possibility, slim though it is....

 

[Mike Goodman]

Andrew Rosener is the man for the job imo.

I can think of several others, not all men. Salesmen are the public face of finance. Decisions in those businesses are mostly made by actuaries or similar. Mathematicians. Very conservative. Understated, even. Introverted geeks. A far more reserved style is required. AR is an out and out salesman. He'd probably scare the pants off them.

 

[CTUXSF]

Estibot has this at $980K, GD breaks at $25K or more, Brandpa breaks at $50K it seems. Nameworth has it at $4M top price! It will be very interesting to see what happens.

In terms of brokers, I’ve noticed three prominent women at the head of Evergreen (Jen Sales), SAW (Amanda Waltz) and Buckley Media (Kate Buckley). Also Margo Bushnaq is founder and CEO of BrandBucket. Might be worth approaching them to represent you and get an appraisal at the very least. A lot of the benefit from the top brokers is their large access to premium buyers as well as taking the hassle of the approach and negotiating process.