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Story Behind How Wisdom.com Sold for $475,000

Labeled as information in Domain Industry News, started by Jv1999, Jul 4, 2020

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  1. Jv1999

    Jv1999 Spamming Exo: Dark Merc of the Exo-Tower VIP

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    I was browsing through Reddit and found this AskReddit thread where the top comment is happily from the first (maybe not?) owner of Wisdom.com!

    He shares his personal, heartfelt tale of how his foster dog inspired him to reggae Wisdom.com for FREE (cuz 90s lol) and then sail it for $475,000.

    I PM'd him to let him know I was sharing his story here.

    Here is the link if you want to read the whole thing:


    https://www.reddit.com/r/AskReddit/...eer/fwv8t83?utm_source=share&utm_medium=web2x
     
    Last edited: Jul 4, 2020
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  2. Compassion

    Compassion Let's do business together. PRO VIP Gold Account ★★★★★★★★★★

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    Wow.

    What an amazing domain to own.


    Thanks for the share.
     
  3. lambo.com

    lambo.com Top Contributor VIP Gold Account

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    Wisdom was available to be bought
     
  4. Jimmysun

    Jimmysun Established Member

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    Good story, everything come from love.:xf.grin:
     
  5. Samer

    Samer Top Contributor VIP

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    Some heartfelt touching stories, u never let go.

    Thanks for sharing. $475,000 is life-changing.

    Samer
     
    Last edited: Jul 5, 2020
  6. Compassion

    Compassion Let's do business together. PRO VIP Gold Account ★★★★★★★★★★

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    And now? wisdom.com does not resolve O_o :banghead::wideyed:
    At a minimum, I would have enjoyed reading the homage about the guy's dog.



    I suppose we do have the wayback machine . . .
    :peeking:


    https://web.archive.org/web/20070701000000*/wisdom.com

    Not seeing anything about his dog, but rather a wisdom quote webpage.
     
    Last edited: Jul 5, 2020
  7. Jv1999

    Jv1999 Spamming Exo: Dark Merc of the Exo-Tower VIP

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    He says in follow-up comments that the reason why the price went so high is because he didn't want to sell it because of his dog... so he kept turning them down...

    if WBTM doesn't show any pages about his dog, idk. I don't think he's lying because the story sounds really similar to domaining stories lol... e.g.: turning down offers a lot, then getting a massive one.

    I found another domaining story in that thread, someone reggae'd a domain in 2000 then sold it at the height in 2008 for five figs or something. They didn't reveal the domain though :/
     
  8. QuestFuture

    QuestFuture Established Member

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  9. Mytz.com

    Mytz.com MYYM.com VIP Gold Account

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    The domain name is an amazing thing,
    A domain name makes a dream come true,
     
  10. coolhands

    coolhands Established Member

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    during 90s , Does domains was FREE to reg ?
     
  11. Jv1999

    Jv1999 Spamming Exo: Dark Merc of the Exo-Tower VIP

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    According to the Wisdom ex-owner, yes. And some ppl on nP said that too :tightlyclosedeyes: Free reg, no renewal................. get like 1 mil domains
     
  12. Blueforever

    Blueforever Established Member

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    Wow...he had to pay $90k Capital gains tax. That much?
     
  13. NameSpirit.com

    NameSpirit.com Established Member ★★★★★★★★★★

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    Another reddit member actually brought up an interesting point: Are people who got their .coms for free in the 1990s and kept them until today grandfathered in, meaning they still don't have to pay renewals?
     
  14. Jv1999

    Jv1999 Spamming Exo: Dark Merc of the Exo-Tower VIP

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    I believe it's no. Because ppl on nP say they're paying renewal fees now when it was free in the 90s. The renewal was liek $100 at one point.
     
  15. Tryjake

    Tryjake Restricted (15-30%)

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    Thank you for sharing
     

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