phones.co.uk - £175k

foz · 07-07-2008, 03:14:03 PM

Quote:

I bought it about 8 months ago for £49500.

350% return, not bad. Good on you.

paul · 07-07-2008, 03:21:18 PM

Great sale James

Quote:

Originally Posted by foz

350% return, not bad. Good on you.

Glad you don't do my accounts

Americar · 07-07-2008, 03:25:43 PM

Quote:

Originally Posted by James

I bought it about 8 months ago for £49500.

Congrat's ... you put out the money and got the result ... I would hate to see your tax bill though .. j/k ... i would probably love a tax bill like that

Is this another case of the need for a real domain name marketing firm who has the ability to access the top companies and not just domain brokerage/auction houses ... obviously you knew that the name was desirable property did you go it alone selling this name ? in other words do you think that you could have done better ...

James · 07-07-2008, 03:38:38 PM

The highest price I can conceive the domain might have attained over the next 5 years would be something like £700k at the absolute top end (i.e. with all the luck in the world).

Realistically I think I would have had another offer in the same sort of range had I waited another couple of years, so it made good sense to sell it now at this price.

I knew the domain was vastly underpriced when I bought it.

Americar · 07-07-2008, 03:56:21 PM

Quote:

Originally Posted by James

The highest price I can conceive the domain might have attained over the next 5 years would be something like £700k at the absolute top end (i.e. with all the luck in the world).

Realistically I think I would have had another offer in the same sort of range had I waited another couple of years, so it made good sense to sell it now at this price.

I knew the domain was vastly underpriced when I bought it.

Congrat's again .. a well thought out aquisition ...

On a similar theme Ringtone.com (the company) has recently been sold for more than $6.25 Million USD ...

firestars · 07-07-2008, 04:15:59 PM

Nice piece of business, well done.

foz · 07-07-2008, 04:32:00 PM

Quote:

Originally Posted by paul

Great sale James

Glad you don't do my accounts

Well, what % should it be then?

ScottJ · 07-07-2008, 04:34:35 PM

253.54%.........................

stevebrowne · 07-07-2008, 04:37:19 PM

congratulations!

foz · 07-07-2008, 04:39:46 PM

175,000/49,500 = 3.53.

3.53 x 100 = 353.53%

That's what I get.

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07-07-2008, 03:38:38 PM	#24 (permalink)
James Join Date: Jun 2005 Posts: 237 No Classified Ratings Domain Trader Rating: (100% / 1)	The highest price I can conceive the domain might have attained over the next 5 years would be something like £700k at the absolute top end (i.e. with all the luck in the world). Realistically I think I would have had another offer in the same sort of range had I waited another couple of years, so it made good sense to sell it now at this price. I knew the domain was vastly underpriced when I bought it.

07-07-2008, 04:15:59 PM	#26 (permalink)
firestars Join Date: Apr 2005 Location: Suffolk Posts: 3,260 No Classified Ratings Domain Trader Rating: (100% / 29)	Nice piece of business, well done.

07-07-2008, 04:34:35 PM	#28 (permalink)
ScottJ Join Date: Nov 2005 Location: Aberdeenshire, Scotland Posts: 1,166 No Classified Ratings Domain Trader Rating: (100% / 13)	253.54%.........................

07-07-2008, 04:37:19 PM	#29 (permalink)
stevebrowne Join Date: May 2007 Posts: 723 No Classified Ratings Domain Trader Rating: (100% / 1)	congratulations!

07-07-2008, 04:39:46 PM	#30 (permalink)
foz Join Date: Oct 2006 Location: NZ Posts: 666 No Classified Ratings Domain Trader Rating: (100% / 9)	175,000/49,500 = 3.53. 3.53 x 100 = 353.53% That's what I get.