Jeremiah Selander

𝗬𝗘𝗦𝗧𝗘𝗥𝗗𝗔𝗬 𝗜 𝗪𝗔𝗦 𝗪𝗢𝗥𝗞𝗜𝗡𝗚 𝗢𝗡 𝗔 $𝟵 𝗠𝗜𝗟𝗟𝗜𝗢𝗡 𝗧𝗥𝗔𝗡𝗦𝗔𝗖𝗧𝗜𝗢𝗡. 𝗧𝗛𝗔𝗧 𝗘𝗩𝗘𝗡𝗜𝗡𝗚 𝗜 𝗕𝗢𝗨𝗚𝗛𝗧 𝗔 𝗗𝗢𝗠𝗔𝗜𝗡 𝗡𝗔𝗠𝗘 𝗙𝗢𝗥 $𝟭𝟯. And I thoroughly enjoyed both. That's one of the things I still love about the domain business. At one end of the spectrum, I can spend hours working through the economics of a multimillion-dollar acquisition—financing, working capital, seller terms, equity, revenue growth and what an extraordinary digital asset could ultimately mean to an operating company. Then later that same day, I can look through hundreds of expiring domain names and find one for $13 that makes me stop and think: “Someone is going to want this someday.” The numbers couldn't be more different. The underlying exercise is remarkably similar. Find something undervalued. Determine who could benefit from owning it. Understand how they could make money with it. Acquire it at the right price. Be patient. 😃 𝗔 $𝟭𝟯 𝗱𝗼𝗺𝗮𝗶𝗻 𝗱𝗼𝗲𝘀𝗻'𝘁 𝗵𝗮𝘃𝗲 𝘁𝗼 𝗯𝗲𝗰𝗼𝗺𝗲 𝗮 𝗺𝗶𝗹𝗹𝗶𝗼𝗻-𝗱𝗼𝗹𝗹𝗮𝗿 𝗱𝗼𝗺𝗮𝗶𝗻 𝘁𝗼 𝗯𝗲 𝗮 𝘁𝗿𝗲𝗺𝗲𝗻𝗱𝗼𝘂𝘀 𝗶𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁. Buy something for $13 and eventually sell it for $5,000? That's an extraordinary return. The risk is tiny. 𝗧𝗵𝗲 𝗶𝗻𝘁𝗲𝗹𝗹𝗲𝗰𝘁𝘂𝗮𝗹 𝗲𝘅𝗲𝗿𝗰𝗶𝘀𝗲 𝗶𝘀 𝗳𝘂𝗻. And every once in a while, you find something far better than you expected. I've spent decades doing business, negotiating transactions and working with major digital assets. And I can tell you this: I still get a kick out of finding a great domain name for $13. Maybe that's why I've never gotten tired of this business. Big deals are exciting. Finding hidden value is addictive. Getting that Afternic - a GoDaddy brand or Spaceship.com or Atom.com notice in your inbox that a transaction has occurred is exciting. 𝗔𝗻𝗱 𝘀𝗼 𝗮𝗿𝗲 𝘁𝗵𝗲 𝗕𝗶𝗴 𝗗𝗲𝗮𝗹𝘀!!!! Fred Mercaldo [email protected] Omni World Media