.CA OW.ca sells for 250K (1 Viewing)

Eby · Jan 5, 2023

AdamDicker said:
The reason for the delay is that I was buying up more 2L's

Adam

You can have many more Adam. Could arrange some supply.

AdamDicker · Jan 5, 2023

Eby said:
You can have many more Adam. Could arrange some supply.

Feel free to PM me, it's never enough

Rocmary · Jan 5, 2023

Nice sale Adam!

theinvestor · Jan 5, 2023

If I were to guess I would say it could be Ocean Winds. They recently joined venture with CPP ( Canada Pension Plan) Investments. I don’t see anyone else spending that kind of money.

domains · Jan 5, 2023

and OW.com isn't even developed.

rlm · Jan 5, 2023

AdamDicker said:
Well, here it is, ow.ca sells for 250K USD through Dan

In another week, I'll announce and post a link to this thread.

Adam

Congrats. Thanks for making it public - please send it to Ron Jackson.

rlm · Jan 5, 2023

AdamDicker said:
The reason for the delay is that I was buying up more 2L's

Adam

Say hi to Ilze for me, lol.

MapleDots · Jan 5, 2023

Back in the day I paid 15k for dn.ca and people told me I was crazy.

I figured they only made so many good

rlm said:
Say hi to Ilze for me, lol.

And @Nafti he owns a few good ones

Eby · Jan 5, 2023

MapleDots said:
And @Nafti he owns a few good ones

Count me in too.

Eby · Jan 5, 2023

MapleDots said:
Back in the day I paid 15k for dn.ca and people told me I was crazy.

That was a steal!!!

Nafti · Jan 5, 2023

MapleDots said:
Back in the day I paid 15k for dn.ca and people told me I was crazy.

Now who’s the crazy ones?

Definitely a steal. I remember when you bought it. Little did we know it would be such a valuable domain in general but for the .ca community as well.

DomainRecap · Jan 6, 2023

Nothing beats SI.ca at $5K and that was a semi-recent sale to an actual business.

Had I known it would sell for that low a price, I would have bought it myself.

MapleDots · Jan 6, 2023

Nafti said:
Now who’s the crazy ones?

Definitely a steal. I remember when you bought it. Little did we know it would be such a valuable domain in general but for the .ca community as well.

I paid 20k for red and back then was told I was an idiot.

I always knew it would be a long hold but a company from Toronto took the steps to call me via phone to see if they could buy it. I cannot disclose who because it is ongoing but the company does medical testing and the name is an insane fit. The ceo talked to me for quite a while and I told him in no uncertain words that I would never let it go under a million. In fact I told him because of the tax implication it would probably be more in the 1.25 range. The CEO said (his words) he assumed the price would be in that range and he would take it up with his partners.

So back then I was an idiot for paying 20k, today I am chatting in the 1.25 million range.

I say it again and again..... the million dollar pay days for extremely good one word domains are on the horizon. It will start with the very first fully documented sale to get the ball rolling and then we will see number two and number three. If I am exceedingly lucky I will get one or two of those sales but guess what!!!

You will never make a sale like that if you don't ask!!

DomainRecap · Jan 6, 2023

MapleDots said:
I paid 20k for red and back then was told I was an idiot.

You're only an idiot if you spend the $20K and can't afford to potentially wait a decade or more to cash in.

When you spend above the top-of-the-market at the time, you require the financial freedom to wait and play the long game.

MapleDots · Jan 6, 2023

DomainRecap said:
You're only an idiot if you spend the $20K and can't afford to potentially wait a decade or more to cash in.

When you spend above the top-of-the-market at the time, you require the financial freedom to wait and play the long game.

My purchases are an expense against my company, therefore effectively reducing my tax base.

At the end of almost every year I go hunting for expenses to reduce my tax burden.

I have a well thought out plan for retirement, at that time my son and I will focus exclusively on domaining and the cost of the domains will minimal because they will already have been expensed.

theinvestor · Jan 6, 2023

Adam Dicker sells Two Letter Dot CA for Six Figures

DomainRecap · Jan 6, 2023

MapleDots said:
My purchases are an expense against my company, therefore effectively reducing my tax base.

I do the same, but that's not the same thing as "not turning a profit" as you're certainly making a healthy profit but artificially lowering it for taxation purposes through an accelerated acquisition schedule.

In reality your operating profit would be firmly in the black.

MapleDots · Jan 8, 2023

I changed the title to show the domain and sale details

Nafti · Jan 18, 2023

@AdamDicker Did the buyer pay? It looks as though it’s back on the market.

AdamDicker · Jan 18, 2023

Nafti said:
@AdamDicker Did the buyer pay? It looks as though it’s back on the market.

Dan is working with the buyer to complete the payment. I do not believe there are any issues. The buyer has also spoken to me directly.

.CA OW.ca sells for 250K (1 Viewing)

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