"I rev entrepreneurs, people that need the domain and they've got businesses to sustain that purchase," he says. "What where it's not happening anymore is the company who just raised 10 million dollars ... They're not sure over the next five years when they're going to get the profitability." The sales that happened are going to be going to companies that are battle tested, profitable, or clear path to profitability,. And so the VCs are doubling down on them; all the other smaller competitors will go pound saying, 'Everybody else is going to die'
As we say on DomainSherpa - all roads lead to domains. And this is a series related to domains called "Off The Market Forever", starring Chris Zuiker and James Iles! OTMF focuses on the domain space from the lens of end-user acquisitions and upgrades, from the perspective of one of the most successful domain brokers in the world and one of top writers in the space - who have unique insight and knowledge of the industry and domains as related to end-users.
In this episode, Drew joins for the first time on Off The Market Forever and the Sherpas start off by talking about the Link.com domain sale. They then get into current trends and predictions for 2023, which leads the group into an interesting discussion around domain valuation methodology.
So be sure to tune in to this episode of Off The Market Forever!