domains Rick Schwartz tweets that Ass.com is under contract for $6m + Royalties

[equity78]

Rick Schwartz just tweeted out that he has a deal for Ass.com at $6 million plus royalties. He mentioned that he cannot yet say how the domain name will be used. Congrats to Rick on another big deal. Recently Rick won greatest domain investor of all time here and on Namepros. … [Read more...]

 

[NickB]

Makes me laugh when people flippantly say he undersold it for 6 million....this would make it the 13th highest reported sale of all time and take another look at the name ( though I presume sex sells?)

Nearly everyone would take that offer, you're full of BS if you say otherwise...a lot would of sold for much less (me included)

Also most people would not or could not negotiate for royalty payments.....

Anyway.....very nice deal....

 

[Mister Funsky]

Rick Schwartz just tweeted out that he has a deal for Ass.com at $6 million plus royalties

The 'plus royalties' is where the big, long run return will be...this isn't Rick's first rodeo.

 

[F.E.]

The 'plus royalties' is where the big, long run return will be...this isn't Rick's first rodeo.

Exactly, if you look at the sale price, it may come as undervalued, but I'm sure Rick does make those royalties worth a lot more than initial sales price.

 

[YairDD]

$6m too little?

This is accidental sale, in my view

He has a few of these sales, I wouldn't call them an accident.

 

[AEProgram]

Someone took out a contract on his ass.com, this is probably the only time this can be said in a positive way. I am guessing a donkey breeder purchased it.

 

[Business Brands]

Big money, but not a role model

 

[Samer]

@Rick Schwartz you are the domainking and a role model. The industry’s best role model imo

Samer

 

[Daniel Owens]

Went too cheap a 3L .com dictionary word for only $6,000,000 USD that is way too little should have went for at least $15,000,000. It's really nice someone got a steal at 6-mil.

 

[CraigD]

Apple Support Services?

 

[griff]

has to be $ASS token as he mentioned Ethereum in another tweet the other day.

$ASS stands for Australian Sea Shepherd, of course.

 

[The Durfer]

this price is a good price for seller and buyer. congratulations! Wonder if it will be about donkeys? hmmm.

 

[Business Brands]

Went too cheap a 3L .com dictionary word for only $6,000,000 USD that is way too little should have went for at least $15,000,000. It's really nice someone got a steal at 6-mil.

$6m too little?

This is accidental sale, in my view

 

[Kingslayer]

...and without being too crude, think its obvious what "ass" is going to be used for ...and it ain't donkeys or waffles

Congrats to parties involved

Nah, i think it's got Crypto written all over it, just done a quick search on Google, could the company who bought it be 'Ass Finance'?

They are linked to a 'PooCoin'.

 

[The Durfer]

simple mutual fund to hold the funds at 7.5% interest annually comes to $450000 a year off of $6mm

then a contest to promote domaining with 1st thru 10th place awards.

 

[lambo.com]

Went too cheap a 3L .com dictionary word for only $6,000,000 USD that is way too little should have went for at least $15,000,000. It's really nice someone got a steal at 6-mil.

Love this take

 

[Business Brands]

he needs to set up a charity for needy domainers, that would be a good base for it, and donate the interest on it periodically. hmmm.

What are you hoping for? He is scooping roofs from under people heads.

 

[jhm]

@Kingslayer You could be right

I got to say one thing, if you want to be taken seriously in finance, don't abbreviate yourself as "ass" ...lol. Surely a just as catchy abbreviation could have been used

 

[Kingslayer]

@Kingslayer You could be right

I got to say one thing, if you want to be taken seriously in finance, don't abbreviate yourself as "ass" ...just awful. Surely a just as catchy abbreviation could have been used

Usually i would agree with you but Crypto seem to go against all the rules and to be fair it works, look at DogeCoin.

I've edited my post above, that company are linked to 'PooCoin' - I think it's got to be them, suspect a rebranding to 'Ass dot com' or a new project called 'AssCoin'.

 

[jhm]

@Kingslayer No rules in crypto, it is a fair point ...certainly makes me remember it too

 

[Yusupbabay]

Rick Schwartz king of the domain

 

[Nona99]

But asscoin.com also owned by rick
Remembered he bought it 2 years ago through his Twitter weekly Buying requests

 

[just-j]

Thanks for sharing the video!!!

That was FUNNY ASS humor......

About COMPLICATED ASS !!!!!

 

[Business Brands]

He has a few of these sales, I wouldn't call them an accident.

Some of them I do, and this is one of them.

 

[The Durfer]

What are you hoping for? He is scooping roofs from under people heads.

just saying give alittle back to the industry. oh well.