Quote:
Originally Posted by Vendot
Sources like DNJ put a great deal of effort to ensure veracity. Obviously the vast majority of sales are private but these reported sales figures do not surprise me at all. DNJ often report if they cannot confirm a sale or if there is a correction to a previously announced sale.
For instance, the two letter dot coms. I have absolutely no doubt that they are selling in the multi millions but are not being reported. It doesn't take a genius to work it out since most do not report sales. Our company have offered six figures for 2 letter dot coms a couple times before.
In fact, there are less than 1000 three digit dot coms. There are less than 18500 dot coms of 2 and 3 letters and far less in combinations that would be popular and in demand. However, the entirety of global GDP is now tied to the internet so you're sharing those amongst trillions in market caps, private equity, private capital and so on.
In short, such Domain Names are HIGHLY RARE.
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Six figures does not surprise me. The rarity of the 2 letter domain is obvious. Which 2 letter domain is crushing it with cash flow and worth millions? The ones I see usually go nowhere. With the move toward mobile usage, domains would seem less valuable, rather than more. I never trust press releases saying a domain sold for a gazillion bucks, since the press loves bullshit as much as the rest of us do. I believe it happens, but very rarely.