Greg Ricks sells 199.com for $54,000 on little known Chinese auction site 4.cn
Greg Ricks - former owner of DNForum.com – is a no-nonsense entrepreneur. His first domain name, MSSI.com, was registered in 1996 and from there business flourished as he acquired ultra-generic Motherboards.com
Known for his authoritarian ruling of DNForum.com, the once self-proclaimed “deposed dictator” is in real life a Texan with a great sense of humor and a self-professed “domain conference junkie.”
Greg’s also known for sporting Hawaiian shirts, jeans and sports sneakers in every major domain gala, outlining his down to earth personality. It was great meeting with Greg at TRAFFIC Las Vegas in January.
Despite number “4″ being considered an unlucky number to the Chinese, signifying “death”, it seems that Greg’s sale of 199.com made a killing – ending at 368,666 RMB or approximately $54,000 at today’s conversion rate. Greg held onto the domain for at least the past eight years, before putting it on the Chinese chopping block.
A few years back, Greg Ricks kickstarted Igal Lichtman’s domain business, after selling him several dozen LLL .com’s at approximately $500 a piece. These domains ended up selling for thousands of dollars each!