Quote:
Originally posted by KRL
Its only about $2,000 per domain.
He could have gotten way more.
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Come Kevin, you're saying that like $160mil is not a lot of money or as if there is anyone else stepping up to the plate to pay that kind of multiples for a domain portfolios.
None of his names were prime domains, or great domains, or big one worders. Now Lets put the 80/20 rule up. If 20% of his domains made him 80% of the money that leaves about 80,000 out there which are nearly worthless by themselves. How long would it take him to sell 20k names and get close to $150mil ? THan lets factor in time and energy ??
Now lets forget all i just said
$160mil in a bank accnt, making at least $10mil a year from bonds and other tax free investments. That sounds like a pretty good deal.
Time will tell if it was a good buy or a sell but for know Yun Ye made off like a bandid.