A couple of days ago, a beefy domain portfolio of the Castello Brothers was made available for sale – the price quoted was $1.2 billion dollars.
While many acted shocked at the asking price, there is an update by the broker, Jonas Broderick, who stated:
“I’m very sorry about the mistaken quote that went out the other day about the domain portfolio, it was a typo and I did not mean to make that price public. The domain portfolio is still available, for $1.2 trillion dollars.”
Michael Cyger of DomainSherpa noted that they will do a 48 hour documentary, discussing the potential of every domain in detail.
The announcement sent out waves of relief across the domain industry; domainers could not believe the initial asking price that was deemed too low.
“Folks, finally seeing some decent numbers for a portfolio of 30 dot .com domains, I keep saying that dot .com is king and gTLDs are a big joke,” said Rick Schwartz, adding: “The asking price for SaveMe.com is now $25 billion, since Brazil lost 7-1 to Germany. Suck it, Marcio Mello!”
The new asking price of $1.2 trillion dollars for the Castello Brothers domain portfolio, is on a par with recent revelations about the GoDaddy acquisition of Google’s registrar division, for $4.8 billion dollars.
