"Offers Invited"

[JMI]

..when its worth £50 at best.. whats the point.

 

[seemly]

..when its worth £50 at best.. whats the point.

There is no question mark, so I guess this a statement rather than a conversational starting point.
But if it were a question, my answer would be:

1. An attempt to get more money than the seller thinks it's worth.
2. Seller unable to determine value, so onus is on buyer to determine value.

But "value" is relative.

The domain shpock.com how much would you pay for it? Would you even have started a business on it?
They recently bought Gumtree.com for around £6.5 billion from eBay.

I guess my point is that the domain isn't the most important thing. The execution of, and the idea is.

 

[Ben Thomas]

There is no question mark, so I guess this a statement rather than a conversational starting point.
But if it were a question, my answer would be:

1. An attempt to get more money than the seller thinks it's worth.
2. Seller unable to determine value, so onus is on buyer to determine value.

But "value" is relative.

The domain shpock.com how much would you pay for it? Would you even have started a business on it?
They recently bought Gumtree.com for around £6.5 billion from eBay.

I guess my point is that the domain isn't the most important thing. The execution of, and the idea is.

Weird, I would have thought Gumtree would be worth more than 6.5mm

 

[seemly]

Weird, I would have thought Gumtree would be worth more than 6.5mm

I guess it was to Shpock.com, and not to eBay.

Maybe a change in direction for eBay determined this value?

But I guess that kinda correlates and helps answer @JMI's original question.

eBay: "offers invited for Gumtree.com, it's not the direction we're going in anymore."
Shpock: "I'll give you £6.5billion"
eBay: "Sold"

 

[Ben Thomas]

eBay have lost their way recently I feel.