How Michael Saylor Sold A Domain For $30 Million

About this video

The guest, a domain investor, shares the story of selling voice.com for $30 million, one of the largest naked domain sales in history. He explains his philosophy of acquiring valuable single-word English domains early on the web, and walks through the negotiation process that led to the sale, including his strategy of holding firm through multiple lowball offers.

Key takeaways

• The guest acquired premium single-word domains like voice.com, hope.com, and michael.com based on the belief that owning parts of the English language would eventually become valuable to companies launching services
• He built companies on some domains (alarm.com became a publicly-traded company with a ~$4-5 billion market cap; angel.com sold for over $100 million) and held others for potential future commercialization
• During negotiations for voice.com, the guest used a strategy of repeatedly declining offers and anchoring with a high asking price ($30 million) to signal the domain’s true value, rather than accepting the initial bids that ranged from $150k to $12 million

Episode details: published March 19, 2021 · 4.9K views · 6:08 long. Summary written by Self Growth Videos from the episode itself. The business ideas, figures and results discussed are the hosts’ and guests’ own claims, shared as brainstorming and entertainment — not verified facts and not investment advice.

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