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Router by Ramp

router.com

41–50 of 66 posts

Re: Router by Ramp

#41

Earlier quoted context omitted.

The domain was previously owned by Innovation HQ (innovationhq.com) who own tens of thousands of domains, some of the best in the world (they sold robot.com not long ago, owns/runs whatismyip.com). Innovation were asking ~$5 million for it earlier this year. Given the huge money flowing into AI router projects, I expect Ramp paid very close to asking, or perhaps a little more. So, $5 million +/- $1 million is my gues…

I wonder if more companies use web domains as "investments" aswell

Domains investors (or squatters, as one may call them) have been around since the beginning of domains.

Re: Router by Ramp

#43
post #13

I just want to know how much the domain cost.

The domain was previously owned by Innovation HQ (innovationhq.com) who own tens of thousands of domains, some of the best in the world (they sold robot.com not long ago, owns/runs whatismyip.com). Innovation were asking ~$5 million for it earlier this year. Given the huge money flowing into AI router projects, I expect Ramp paid very close to asking, or perhaps a little more. So, $5 million +/- $1 million is my gues…

>InnovationHQ.com

Their site is a totally blank HTML page, it seems?

Re: Router by Ramp

#45
"Router itself stores model inputs, outputs, and metadata and uses this data to improve the service, but users may turn this off in settings."

Why is it that every AI-product think dark UX with default data harvesting of proprietary data is a great idea? I mean it's rhetorical, stealing for training is the norm, but it's still just as disappointing every time I see it.

Re: Router by Ramp

#46

Earlier quoted context omitted.

The domain was previously owned by Innovation HQ (innovationhq.com) who own tens of thousands of domains, some of the best in the world (they sold robot.com not long ago, owns/runs whatismyip.com). Innovation were asking ~$5 million for it earlier this year. Given the huge money flowing into AI router projects, I expect Ramp paid very close to asking, or perhaps a little more. So, $5 million +/- $1 million is my gues…

I wonder if more companies use web domains as "investments" aswell

There are domain name investment companies, yes. HugeDomains owns over 5 million domains!

As for product companies, like Ramp, buying domains as an investment is generally a terrible idea. Domains are not liquid, the (hypothetical) $5 million that Ramp paid is not a price Ramp could achieve when selling the domain tomorrow. The previous owners owned Router.com for over 20 years before Ramp came along, willing to pay a lot of money for it.

Sometimes a company will buy a domain, use it, shut down whatever it was, then end up with the domain on their balance sheet for years, even decades, before someone tracks them down and offers to buy it. In those cases, the company can make money off the domain, but for every time that happens, there’s thousands more domains on balance sheets that nobody wants to pay a good amount for.

More broadly, domain name investors make their money by buying lots of domains and holding them over the long term, making their money from the very small number that sell. Part of why good domains are so expensive is that 1 sale needs to cover the cost of hundreds of even thousands of other domains that don’t sell.

Re: Router by Ramp

#47

Earlier quoted context omitted.

The domain was previously owned by Innovation HQ (innovationhq.com) who own tens of thousands of domains, some of the best in the world (they sold robot.com not long ago, owns/runs whatismyip.com). Innovation were asking ~$5 million for it earlier this year. Given the huge money flowing into AI router projects, I expect Ramp paid very close to asking, or perhaps a little more. So, $5 million +/- $1 million is my gues…

>InnovationHQ.com Their site is a totally blank HTML page, it seems?

Yes, that’s how you know they’re rich rich. They’re so rich they don’t care about having a website. The reputable brokers know who they are, the serious buyers will get a message to them.

Re: Router by Ramp

#49

Earlier quoted context omitted.

I wonder if more companies use web domains as "investments" aswell

Domains investors (or squatters, as one may call them) have been around since the beginning of domains.

I think you mean landlords, not squatters. Squatters are the people who occupy owned property without permission, landlords are the people who hold property, do nothing, and collect profit.

Re: Router by Ramp

#50

The fact that they put "every model" repeatedly, then don't actually support even close to "most mainstream models", makes me highly doubtful their service will be more honest and forthcoming once I'm signed up.

let us know which "mainstream" models you feel like we are missing support for! https://docs.router.com/supported-models

link confirms exactly the complaint of the parent poster
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