Domain Sale of Unusually Large Size

[Rubber Duck]

dwrixon wrote:

I am not suggesting that his business dealings are likely to greatly change his lifestyle

AGREED. THE GUY WAS VERY LIKELY ALREADY A MULTI MILLIONAIRE.

or his place of residence.

I WONDER WHERE HE LIVES.. I WOULD BET IT IS CLOSER TO FREMONT THAN HONG KONG. AS FAR AS I CAN SEE, THE ONLY REAL BENEFIT TO HAVING HIS ULTSEARCH BUSINESS LISTED IN HONG KONG IS IMMUNITY TO US LAW.

He will of course have a good insight into the potential of Chinese market, will give him an edge. Any entrepreneur likes and edge and will use it to his advantage.

WHY? JUST BECAUSE HE IS CHINESE? I DOUBT IT. HE IS NOT A PLAYER IN THE CHINESE TRAFFIC MARKET, BECAUSE THERE IS NONE. PPC DOESN'T MAKE MONEY FROM CHINA, IT MAKES MONEY FROM THE USA.

The potential in China is huge. The market is so under developed that the possibilities are endless.

AGREED, BUT THE CHINESE MARKET WILL TAKE YEARS TO MATURE.

<WHY? JUST BECAUSE HE IS CHINESE? I DOUBT IT. HE IS NOT A PLAYER IN THE CHINESE TRAFFIC MARKET, BECAUSE THERE IS NONE. PPC DOESN'T MAKE MONEY FROM CHINA, IT MAKES MONEY FROM THE USA.>

This guy made his money in the US market by investing before many others saw the potential. Yes, he invested in traffic, but the significance of traffic was poorly appreciated by most and at that time means of generating income from traffic were limited. Because he got in early, he picked up valuable domains for peanuts. I believe he actually used Snapnames to pick up a lot of domains. I somehow doubt he is on Snapnames and Pool paying the kind of silly money required to obtain drops now!

<AGREED, BUT THE CHINESE MARKET WILL TAKE YEARS TO MATURE.>

It has taken really only five or six years for the US to mature from a position similar to where China is now in terms of the internet. Don't forget the Chinese don't need to reinvent the wheel. How long did it take the Japanese to develop the Motor Car or the Zero. I seem to remember the US government dismissed the possibility that the Japanese had developed a world class fighter bomber. Bad mistake if my knowledge of history is correct!

Regards
Dave Wrixon

 

[mole]

Hey, what is the point here guys? That Yun Ye is registering .CN names on the quiet?

 

[Rubber Duck]

Hey, what is the point here guys? That Yun Ye is registering .CN names on the quiet?

Could be, but I would think that the Dot Com IDN market has much more potential. Cheaper to register, as they are actually registered in the US. All the advantages of .CN without the problems. Also much higher level of acceptance by the Chinese themselves. Traffic levels on IDN are rising rapidly. I have a Chinese IDN which is getting 100 hits per day. You tell me where else you can get dot coms with that kind of traffic, without paying through the nose! Ok, the market for traffic is limited, but if the traffic is there the market will develop. Not only that, with Chinese being compulsive gamblers, I see it difficult to image that the their interest will not turn to domain speculation.

Regards
Dave Wrixon

hehe, so many ifs and buts...ultsearch doesnt like the spotlight and is very secretive.. he is a wise guy... he's done a great job staying out of the spotlight with his dealings and quitely will make an exit without too much commotion.. chances are slim that we will know what hes planning next or what he had already planned and laid out.. just alot of speculation.. have to sit and wait to see what happends next

Sit and wait, yes. Sit on our hands, well that all depends!

Regards
Dave Wrixon

 

[mike031]

dave, are you an ultsearch historian? hehe... like i said, it's going to be really tough to make a prediction... there is many markets that are overlooked and underdeveloped, but anyway..those wealthy people who can invest heavily and create some buzz will surely succeed sooner or later, its just a matter of time of course!

 

[Rubber Duck]

dave, are you an ultsearch historian? hehe... like i said, it's going to be really tough to make a prediction... there is many markets that are overlooked and underdeveloped, but anyway..those wealthy people who can invest heavily and create some buzz will surely succeed sooner or later, its just a matter of time of course!

No, I think most of his secret will die with him.

Agree with your comments. The only thing is that the internet is a marketing tool, which provides massive revenues. When you have an economy with massive production of domestic product, increasing personal wealth amongst the largest population on earth and no traditional advertising industry to speak of then this is likely to be one of those markets prioritised by entrepreneurs seeking an exceptional return. This reason this deal is both a good buy and a good sale is there are wholly different asperation in terms of returns on capital invested. Marchex are probably quite happy with 10-20% per annum. Yun Ye certainly is not going to deposit there funds with the Fed at 1.75% interest.

Regards
Dave Wrixon

 

[mike031]

very little is known of how ultsearch thinks and operates.. he is a genius in many ways.. but all entrepreneurs venture out sooner then later, there is many other wonderful investment opportunities offline as well, yes the internet is booming in many places and things just keep on getting better but ultsearch' specialized in traffic and he was untouchable for quiet some time as long as it was all on the down low.. once people find out about something and slowly but surely catch on to you and figure you out its not that hard to get involved with whatever it is.. you already know what you have to do and there is many different ways to compete and succeed as well..... wow can you imagine all the hard work that he had put in over this past few years.. heh, talk about working your ass off!!!

 

[DaddyHalbucks]

mike031 wrote:

very little is known of how ultsearch thinks and operates.. he is a genius in many ways.. but all entrepreneurs venture out sooner then later, there is many other wonderful investment opportunities offline as well, yes the internet is booming in many places and things just keep on getting better but ultsearch' specialized in traffic and he was untouchable for quiet some time as long as it was all on the down low.. once people find out about something and slowly but surely catch on to you and figure you out its not that hard to get involved with whatever it is.. you already know what you have to do and there is many different ways to compete and succeed as well..... wow can you imagine all the hard work that he had put in over this past few years.. heh, talk about working your ass off!!!
++++++++++++++++++++++++

No question.

The guy is the top domainer in the world --or damn close.

 

[mike031]

yes fellas... hard work pays off..big time!

 

[wohl]

,

 

[Rubber Duck]

No question.

The guy is the top domainer in the world --or damn close.[/QUOTE]
+++++++++

If there are bigger fish out there then they are even more secretive!

 

[wohl]

very little is known of how ultsearch thinks and operates.. he is a genius in many ways..
yes fellas... hard work pays off..big time!

actually what is funny about ye's story is that he has neither done any particularly clever nor had to work unduly hard.
.. his may go down as the easiest 9 figure fortune ever amassed.

He probably had some first hand experience of the value of traffic and a web presence, then maybe one day he visited a favourite site and found it had disappeared, and realised he could put its traffic to his own use. Then it followed that many other valuable domains and sites must also be expiring and that was that.

It was just a case of writing a few simple scripts to do all the work, paying a few registrars to do his bidding and pumping profits back into acquiring new names.
I’m sure he finds the ease with which it was done hard to believe, and the minimal competition he faced for so long is a good example of how most people rarely pause to think outside the box.

 

[Rubber Duck]

very little is known of how ultsearch thinks and operates.. he is a genius in many ways.. but all entrepreneurs venture out sooner then later, there is many other wonderful investment opportunities offline as well, yes the internet is booming in many places and things just keep on getting better but ultsearch' specialized in traffic and he was untouchable for quiet some time as long as it was all on the down low.. once people find out about something and slowly but surely catch on to you and figure you out its not that hard to get involved with whatever it is.. you already know what you have to do and there is many different ways to compete and succeed as well..... wow can you imagine all the hard work that he had put in over this past few years.. heh, talk about working your ass off!!!

Agree with all of that. Can't see him lying on a beach somewhere though and most other forms of business involves sticking your head above the parapet a little more often. He is also unlikely to settle for anything that produces lower capital growth, which much include just about everything else. Has to be new project, almost certainly online. I still think China.

Regards
Dave Wrixon

yes fellas... hard work pays off..big time!

Only if you also have the stragegy of a genius. I have spent many a happy hour accumulating dross and I still think of myself as one of the success stories. This business certainly has it share of dedicated no hopers!

Regards
Dave Wrixon

actually what is funny about ye's story is that he has neither done any particularly clever nor had to work unduly hard.
.. his may go down as the easiest 9 figure fortune ever amassed.

He probably had some first hand experience of the value of traffic and a web presence, then maybe one day he visited a favourite site and found it had disappeared, and realised he could put its traffic to his own use. Then it followed that many other valuable domains and sites must also be expiring and that was that.

It was just a case of writing a few simple scripts to do all the work, paying a few registrars to do his bidding and pumping profits back into acquiring new names.
I’m sure he finds the ease with which it was done hard to believe, and the minimal competition he faced for so long is a good example of how most people rarely pause to think outside the box.

++++++++++

I understand that the many of the earlier purchases were made on Snapnames. He has certainly managed to think outside the box, but also had the conviction to commit large resources to what many would have regarded as a foolish gamble. The one thing that is predictable, is that he will be thinking outside the box again now and the sale will be used to fund a new and probably very lucrative project.

Regards
Dave Wrixon

 

[wohl]

I understand that the many of the earlier purchases were made on Snapnames. He has certainly managed to think outside the box, but also had the conviction to commit large resources to what many would have regarded as a foolish gamble.

But, the majority of his domain value had probably already been amassed by the time snapnames got going.
Half the reason it was so easy it that it was done without taking the slightest risk - as the portfolio built up the money must always have been coming in faster than he could spend it.
It may have looked risky to an outsider, but they didn't know what he knew about the easy money on offer.

 

[draqon]

If a person makes 100 million dollars and they're still desperately worrying about "investments" and "new market sectors" to follow, then its time to get a life. How f*cking greedy can a person get? I hope in the future that we can limit human stupidity by putting a cap on people's income. There is not a single f*cking person on this planet that needs 100 million dollars.

 

[Fearless]

He probably had some first hand experience of the value of traffic and a web presence

Yun Ye went years without activating his domain names. He was thinking branding then. He came late to the PPC party.

 

[wohl]

If a person makes 100 million dollars and they're still desperately worrying about "investments" and "new market sectors" to follow, then its time to get a life. How f*cking greedy can a person get? I hope in the future that we can limit human stupidity by putting a cap on people's income. There is not a single f*cking person on this planet that needs 100 million dollars.

If a person makes 100 million dollars, and they're worrying about making more money, then its time to get a life.
If a person makes 100 million dollars, and they're looking for ways to put that money to use that also benefit society, seems reasonable enough.

 

[DaddyHalbucks]

wohl wrote:

actually what is funny about ye's story is that he has neither done any particularly clever nor had to work unduly hard.
.. his may go down as the easiest 9 figure fortune ever amassed.
++++++++++++++++++++++++++++++

I disagree. He was very clever.. and very hard to beat at the drop game.

Easiest fortune? LOL. I bet the guy is a workaholic.

 

[Steen]

I WONDER WHERE HE LIVES.. I WOULD BET IT IS CLOSER TO FREMONT THAN HONG KONG. AS FAR AS I CAN SEE, THE ONLY REAL BENEFIT TO HAVING HIS ULTSEARCH BUSINESS LISTED IN HONG KONG IS IMMUNITY TO US LAW.

Why live in HK?

Family? Culture? Just because he likes it more than Fremont?

I don't understand why you think he would prefer Fremont.

(Nothing against Fremont, Hong Kong, USA, China nor Britain) - Just curious why you would say that.


Internet is everywhere, maybe he spends 8 months of the year in Bolivia.

 

[mole]

Does anyone know if YY is still active in the drop game?

 

[hifi2]

He hasn't been active since months ago.