If You’re Going to Give an F-Off Price, It Better Be High

There was an article (paywall protected) on Business Insider that covered a lawsuit involving the Wormhole.com domain name. Attorney Evan Brown also wrote an article about the case. This morning, Decrypt published an article that revealed a settlement had reportedly been reached.

Here’s how Decrypt described the negotiation for the sale of Wormhole.com.

“In June of 2021, someone at Jump used a third-party domain broker to approach Merryman and offer $2,500 for the name. The latter rebuffed the request, saying—perhaps in jest—that the price was a “firm US$50000.”

From what I understand, the offer was made through the DomainAgents platform. I have used DomainAgents before, and as far as I am aware, the registrant would have had to create an account and agree to the platform’s TOS before even seeing the offer. He then would have the option to accept, decline, or counter the offer. Apparently, the owner was surprised when the buyer accepted his price. 

There has been considerable discussion about the deal on Twitter, but I want to focus on something else – the “fuck off” pricing that some people give when they don’t want to sell a domain name.

Long-time registrants of excellent domain names have likely received many offers and inquiries for their domain names. These routinely come in whether a domain name is listed for sale or not. In the case of a domain name this is actively used, either for a website or email, these inquiries can be annoying. There are tire kickers, dreamers, brokers, and legit buyers who want good domain names, and inbound offers are regularly so low that they are laughable. There are also persistent people that keep coming back and never get the message that their offer isn’t of interest.

One thing I have seen before is what amounts to a “fuck off” price. The number is so eye-wateringly high, the recipient will either think the registrant is crazy or completely unreasonable. Whatever the case may be, this is usually a good way to get the prospect to leave you alone.

The trouble is that in order for the fuck off price to be effective and get someone to go away forever, it has to be very high. I don’t know if the domain registrant in this particular case was trying to get the prospective buyer to go away by reportedly giving a $50k price, but $50k is not an unreasonable number.

If you’re going to name a fuck-off price to get someone to go away, it has to be ridiculously high.

Elliot Silver
Elliot Silver
About The Author: Elliot Silver is an Internet entrepreneur and publisher of DomainInvesting.com. Elliot is also the founder and President of Top Notch Domains, LLC, a company that has closed eight figures in deals. Please read the DomainInvesting.com Terms of Use page for additional information about the publisher, website comment policy, disclosures, and conflicts of interest. Reach out to Elliot: Twitter | Facebook | LinkedIn

2 COMMENTS

    • He has been using the domain name for last 28 years and never approached the buyer. A good lawyer would have saved the domain in case of UDRP.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Recent Posts

Darpan Munjal Doing AMA on X

1
I have always appreciated how Atom.com CEO Darpan Munjal has been willing to share data freely. It's helpful to see what types of domain...

Results from One Month with Afternic Boost

18
Afternic began charging for its upgraded "Boost" features on September 4th. Instead of paying 15% commission for selling a domain name via Afternic with...

Video: How Anime.com was Acquired

2
I heard the Anime.com domain name had been recently acquired, but I knew nothing about it. Anime is a a style of Japanese animation,...

Negotiating Like Double Down Video Poker

0
When I was 18, I went on a Royal Caribbean cruise with my family. It was the first time I was able to gamble...

Spaceship Now Offering Sedo MLS Fast Transfer

2
Spaceship Founder Richard Kirkendall announced that Sedo MLS Fast Transfer capabilities are now available for domain names registered at Spaceship: Sedo MLS fast transfer for...