A recent auction at Namejet for the domain name, WhyBother.com – which raises the question: why bother to bid – ended at $1,700.
The surprising part is that Frank Schilling’s bid was $1,100 – ending at third place – while Ammar Kubba of TrafficZ gambled his way to a not so lucky $444.
In the past, there were times that Frank Schilling would ostensibly not give up the #1 spot at Namejet auctions; it seems that the economy is not yet stable enough, not even for high rolling bidders.
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It’s funny and yet it isn’t, I tried many times to win bids against the almighty Frank but lost every time.
You guys are forgetting some fundamental elements here! First of all – don’t F with the F! He will bitch slap you when he decides it it necessary! Wait your turn! JK!
Second – when a heavy hitter like FS, who BTW *REALLY* knows valuation models like nobody else backs off on an auction – it’s usually for a good reason!
IOW – if you LOVE the name, and have the nuts to play – jump on it! If you have a plan for the name – jump on it! If you’re up against heavy hitters like FS or others – pick your # and go for it! If it rolls past you – you’re in good company, and try again!
We ALL play in this space – and we ALL want to win! Sometimes you back off, and sometimes you go for the throat! Let the fun begin…..
What’s his user name? I think I’ve gone against him a few times.
Great advice, Bob. There’s definitely a method to win at online auctions against the big Frank: pray that his Internet goes down 😀
I think the real reason is simple, Frank thought te name was worth $1,100. I wouldn’t read any more into it.
Shaun, nice to see you here 😀 Isn’t it funny though, the domain being “why bother”.
On another note, Frank really loves compound .com domains. Some people I know would not even spend $50 on WhyBother.com
I agree with Shaun’s post.
J.R.