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Originally Posted by Ron Bennett
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correct.
I sold a 5-character domain (MELON.com) for 6-figures (could have held out for more), and I've also sold a 12+character domain (two words) for mid 7-figures... both names had zero-to-meaningless type in value... pure brandability. MELON.com launched 2days after I sold it (to a damn BILLION/TRILLION dollar Korean telecom who launched it's own itunes/ mobile/web "entertainment on demand" company.) the other domain (12+chars) never even launched... they bought it to take it off the market.
I got lots of stock for that deal... but I was smart enough to get a cash buyback guarantee!
though I should have bought me.com for under 500K last year... amazing 2char domain... simply FUCKING amazing. when I contacted former owners they wanted 7fig and then they caved last year cause they thought market was gone/dead... damn. and then Local.com sold for $700K last year as well... what a steal. damn. way underpriced.
btw, me.com is a nice site now...
http://me.com (myspace competitor, major contender, already funded too.)
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