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He overpayed... and by a lot. Tube.xxx and tubes.xxx combined is not even worth 5 figures, intrinsically. He's betting that .xxx's will appreciate in value over time just like .com's did. What he is failing to realize is that .com was propelled by every business in every sector in every part of the world. That is why .com is so valuable. No one supports .xxx. Not even the adult industry as a whole. .Xxx only exists so that mainstream can more easily identify and censor/block adult websites and so that registrars can monetize yet another new donain extension.
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