Acorn Newsbot
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https://twitter.com/sedo/status/220139242993627136
$20k in 2012, never really understood why he bought it.
I think a name like this would have been a perfect fit for someone like "Sharps". I actually pictured seeing Wardrobes.com sitting alongside the Sofa.com TV Commercials etc... and it still wouldn't surprise me to see such an advert in the future.
Some people will say its cheap, some people will say its a great sale... I will simply say its a price which clearly ticked Frank's box, and knowing Frank he will put that money straight into something else which he believes will benefit him more.
Imo it was a nice $20k gamble when he originally purchased it, and clearly someone else is prepared to take that very same gamble today. I feel its a win win for both parties.
In principle Wardrobes.com sounds like a £100k+ domain, yet in reality we all know a domain is only worth what someone is prepared to pay for it (in this case that was £9,999 GBP). Personally i would have held out for more, however, if an opportunity arises whereby i could trade in an asset which i wasn't using for something of the same value which i believe has more potential, then price wouldn't come in to it and I'd sell in a heartbeat (which is what i think Frank has done here).
Congrats to both parties x
-BG
excellent post, looking from all perspectives. Refreshing.
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