Quote:
Originally posted by Soul_Rebel
true Todd
Taboo, I can easily see me paying 50k for harmony.com, but as you said I don't see the picture at the moment behind clearday purchase.
Here's a possible scenario behind some of the domain sales:
Company A located in States/Europe/Australia/Canada buys domain X from Company B located in Antigua.
Same people behind both companies. Company A passes as expense the purchase of the domain. Company B receives money and pays the minimal taxes in Antigua. (Antigua is just an example,im not familiar with their corp tax rate,but many such countries have minimal one.)
Outcome: Company A pays less taxes at the end of the financial year. Domain gets some publicity and has a chance to be sold even higher even if the "real value" (if we can say that) is already much lower.
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Yes. But this happens within all industries. some for tax, some for PR, etc...
But I speak from personal experience regarding domain sales/buys. I've sold names to mainstream, adult, startups, VCs, Corporations. Licensed them. JV-ed them. Incubated & Developed for others. not a single domain said "FOR SALE" blah blah. I bought from ppl, companies, liquidations, bankruptcies, traded, etc... I won't discuss my sale/buy price and the actual domains in the same sentence because of ironclad NDAs.
anything is possible. I have solid contacts at most large registrars and drop sites. they call me to meet for lunch when they are in my area. they ask me for ideas, suggestions. they ask me why I stopped buying after July. lol. I know the game cause I played it well and I don't mind telling others how to not get burned.