Acquiring premium domain names requires strategic patience and financial discipline, as demonstrated by Nas.com's $1.2M domain purchase, which took years to complete due to the seller's incarceration and required waiting until the business reached sufficient size to afford the acquisition, similar to buying a home you can afford.
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We Had to Wait. Nas com's Seller Was in JailHinzugefügt:
For anyone looking for a dotcom, I would go through a broken independent broker.
It's a bit like a real estate agent but for domains. We couldn't actually get in touch with the person. We understand that the reason we couldn't get in touch with them is that they were actually in jail. That's what we heard.
>> [laughter] >> That's why we had to wait a long time because they had to get out of jail.
What we heard, I cannot 100% confirm, but this is the word on the street as they say. So, we had to wait for that.
And then of course, price wise, it was always out of our budget and we needed the business to be a certain size. We needed to be in the right place to do it. It's like buying a home. You don't want to buy too big a home that you cannot afford.
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