i was right! :D

[Ciqala]

back in my rookie domain days i regged a domain... one of my first non-hip hop(and thus non-personal) names...

and the name was... insiderscoop.com (handregged following a brainstorming session)

i put it up for appraisail and got the following responses (ignore the banter between myself and namepopper we were talking about my joinmycult.com domain)...

Appraisal thread

anyways there was i disheartened and downtrodden (all together now...ahhhhhhh). and i eventually end up selling it for next to nothing to the first buyer who came along...

today just out of curiousity i decide to take a peep at it and see if it has been developed... the answer it has... into a top-listed site as decided by forbes... who knows what amazing deal went down to buy the domain that is the exact name of their software... who knows how many millions )) of dollars were carted to the lucky owners house by the wheelbarrow full...

anyways i'm not bitter but i thought it might make a good domain discussion topic to see if anyone else has ever sold a name cheap only to see it balloon in popularity/size/price...

Ciq

 

[Anthony Ng]

Originally posted by Ciqala
... if anyone else has ever sold a name cheap only to see it balloon in popularity/size/price...

Not exactly what you're looking for, but I guess it's equally interesting: I ALMOST sold an Internet-related name for $70 right here at DNForum, but then the highest bidder turned down his own offer and walked away with a lousy pretext. In less than 10 days, I sold that very same name for $1,000 to an end-user. LOL!

 

[INFORG]

The lesson to learn is never to just dump names that you think have some possibility. I see many people here start devaluing their names after they have had them a week and sell them for peanuts (less than reg fee) to someone else here that has the patience to hang on a while.

I have fallen prey to this mentality myself in the past and sold names for next to nothing only later to see an end user site at the domain. I learned my lesson and would rather let a name drop than sell it for $1

On the bright side, many companies now pick their product names based upon easy availability of the domain name - so I don't think you lost out on millions, probably $500 - 1k range.

If you do this long enough, you will be the beneficiary of someone else's impatience and lack of conviction.

 

[.com.net.org]

I understand how you feel Ciq.

 

[Spider]

I sold domainempire.com to Lugi a year or so ago and he uses it for his chat name here.

I sold p45.com to a store and it looks pretty good now.