RealClearLife.com is out today with an article, “Navigating the Mysterious, Invisible World of Domain Name Auctions”
The article focuses on Heritage Auctions and the man running the domain division, Symbolics.com owner Aron Meystedt.
In the article which was published on the 32 year anniversary of Symbolics.com, Aron’s XF Investments was mentioned.
The article mentions that Aron turned down $1.5 million for the domain alone.
These days, aside from his gig at Heritage, Meystedt still owns XF Investments—and the two-letter xf.com domain, of course—which is billed as a “private investment firm specializing in digital investments, real estate, and early stage venture capital funding.” (Within the last year, he was offered $1.5 million for the domain name alone and turned it down.) He also has about a dozen high-end domains in his growing personal collection.
You can read the full article here
Where’s the meme of Will Ferrell kicking the ottoman — “what an idiot!”
Just kidding.
I thought Will did a good job with the article.
Aron
False advertisement. He never got 7-figure offer and he hopes to get some by such statement. Feel free to believe him if that makes you happy.
wow. nailed it. exactly what happened :-O
1.5 million would have put it #7 on the list of highest 2 letter sales of all time and would be higher then the sale of LA.com LOL
The saying, “Full of Shit” comes to mind.
This will be my last comment on this.
I’ve had more than one offer over $1M for XF.com.
MANY other LL owners have turned down over $1M for their names. Many LL sales for over $1M are unreported.
Most of my offers came last year when the Chinese were buying them for branding and speculation.
I’ve not made my living by lying to people and the $1.5M statement was a tiny blip in a detailed article – it was far from the main point of the interview.
Again, I won’t comment again. I shouldn’t have to defend myself.
But, one thing I am NOT is full of SH*T.
And, the reasoning that I would lie about a high offer in order to trick someone into paying 7 figures for a name is ignorant. The name isn’t for sale. It’s my brand. Which is why I didn’t sell it.
Aron
Nobody expects you going to admit you said a BS. You might get offer above 1M over a year ago, but that doesn’t mean it would be actually paid. What you should kindly admit is that as of today you would gladly accept any 1M+ offer and that unfortunately the best time to sell is over. But since your last comment has been already posted, all you can do is just silently agreed with this comment. Anyway… Good luck!
Aron is The Most Logical + Reasonable + Truthful and only the only sane Domain Expert in the entire industry…so we believe what he says… rest is pure BS and LIE
Aron as I posted on another site you’ve always returned our emails and if we owned XF.com we’d turn down $1.5 million also. It’s simply worth more. Best of luck to you.
It is simply worth the only that much how someone is willing to pay. Nowadays it is not even close to $1.5M, not even a half of it. But one day… maybe… we don’t know. And maybe not. Whatever your evaluation is based on, it is just your hope, believe, unrealistic expectation, or alternative fact. It is human, don’t worry.
You understand that you couldn’t buy
XF.com with one of your coupon codes right?
It is what it is, we have all gotten offers, and the deal has not completed, any statement to be taken with a grain of salt.
Unless you know who made the offer, the context of any offer online is incomplete until funded.
Chinese buyers make offers all the time thinking YEN
Funny he can’t convince his employer to pay $300K for Heritage.com, but has no issue turning down $1.5M for XF.com, just funny how things work.
It’s amazing how quick domainers are to call someone a liar without any evidence.
$1.5 million for a 2-letter .COM doesn’t seem implausible to me. Aggressive negotiations sometimes cause the buyer to walk away, and I can imagine someone aiming above $1.5M at the peak of the Chinese surge. While it’s true that some people do lie about offers they’ve supposedly received, wouldn’t it be prudent and polite to give someone the benefit of the doubt?
Kind of surreal seeing people jump on their colleagues, impugning another person’s honesty for no reason. Meanwhile 1/3 of the people in the USA are tying themselves into pretzels trying to overlook or excuse the president’s most obvious lies. Apparently, we can call some people liars without any evidence. And other people must be believed no matter the evidence contradicting them. Trying to reconcile these 2 extremes would make a person’s head explode. Civilization is doomed. Mmm … now I want a pretzel.
Civilization is not doomed. these attacks on domainers come from anonymous trolls who can’t afford a domain name without a coupon code.
As far as Trump the liberals are just as fucked up as the conservatives. They just to subscribe to a different brand of crazy.