Elliot Silver: $18 Purchase to $4,999 Sale and then to a $150 Million Startup

[Digital Pandit]

Late last Summer, I placed a $18 Discount Club backorder on a domain name at DropCatch.com. Once it became eligible to transfer, I spent under $10 to transfer it to my account at GoDaddy. I listed it for sale on Afternic for $4,999, and it sold within the last several weeks at the BIN price without any negotiation. After the 20% commission and acquisition + transfer costs, the total profit is somewhere north of $3,950.
https://domaininvesting.com/18-purchase-to-4999-sale-to-150-million-startup/
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