The Value of Milk.com

The problem here is nobody milk-related cares and it would most likely get bought by a VC funded startup and become the name of some sort of AI js bundler tool.

Re: The Value of Milk.com

#5

Post by ToucanLoucan » Tue, Jul 23, 2024, 3:02 AM UTC

Fun fact. I approached a domain squatter for my name as a domain name (obviously not going to provide it) ending in a .com. I asked out of curiosity what they wanted. They were talking on the order of hundreds of thousands of dollars.

Mind you, my name isn't... uncommon, but it's not common either, and this was a firstlast.com variety. I looked through the web archive and could see the domain had literally not ever had a website, since it was originally registered in 1995.

Now, I wasn't expecting to get it for $15 a year like a hover subscription, but still. 6 figures of value based on what?

Re: The Value of Milk.com

#6

Post by devoutsalsa » Tue, Jul 23, 2024, 3:02 AM UTC

jameslk wrote: post #3

From a negotiation perspective, it seems the domain owner has set an upper limit to how much they could make from the domain.

Something is worth what people are willing to pay for it. If it hasn't been sold for 8 figures, and the owner is willing to sell, then it's not worth 8 figures.

Re: The Value of Milk.com

#7

Post by bufferoverflow » Tue, Jul 23, 2024, 3:03 AM UTC

webprofusion wrote: post #4

The problem here is nobody milk-related cares and it would most likely get bought by a VC funded startup and become the name of some sort of AI js bundler tool.

I'd bet, plenty of startups would love to have that domain. Biomilq, Remilk, Zero Cow Factory, Real Deal Milk.

Problem is, startups rarely have $10M to spend on a domain name. Give it a decade, one of them will probably bite.

Re: The Value of Milk.com

#8

Post by deathanatos » Tue, Jul 23, 2024, 3:04 AM UTC

webprofusion wrote: post #4

The problem here is nobody milk-related cares and it would most likely get bought by a VC funded startup and become the name of some sort of AI js bundler tool.

IDK, if it was milk.io, milk.ai, maybe milk.xyz, then maybe we'd be talking, but milk.com? It's so … pedestrian.

/s … I hope.

Re: The Value of Milk.com

#9

Post by Dig1t » Tue, Jul 23, 2024, 3:05 AM UTC

It is the exact same situation with beer.com

Their presentation is a little better though.

Re: The Value of Milk.com

#10

Post by klipt » Tue, Jul 23, 2024, 3:06 AM UTC

Per Henry George we should tax this kind of speculation and rent seeking, by taxing things like land and internet domains.

We could use the money to reduce our national debt, or pay for things like healthcare and education.