Smart sale of Flowers.mobi has Domainers scratching their heads in amazement
The much publicized acquisition of Flowers.mobi by Rick Schwartz for $200,000 in 2006 isn’t quite as big, as the news of its sale at TRAFFIC South Beach for a mere $6,500.
In just 4 years, the domain Flowers.mobi depreciated 96.75% by being sold for $6,500 to a guy that signs off as “Anunt” on various blogs.
In his own words, Anunt stated:
Yup…i’m the idiot that bid $6,500 for flowers.mobi
Did i get a good price??? Better than paying $200k…LOL
LOL…go ahead and laugh at me…no problem!!!
Don’t know what the hell i’m going to do with it…
Probably plant a seed…and wait 5 years until flowers bloom…LOL
What Anunt didn’t realize is that Rick Schwartz is laughing all the way to the bank.
By selling Flowers.mobi at this price, Rick Schwartz will be getting a hefty cut off his record earnings this year, when tax season arrives in March.
In other words, the $193,500 loss will be counted against the profit from the large sales that Rick Schwartz achieved in 2010.
With “Flowers” being a trademark and in direct competition with Flowers.com, Rick Schwartz is essentially dropping a dead weight and immediately gains great financial relief.
Once again, you can’t fool the Domain King.