Two 2 letter.com sales for Aron Meystedt in one week. Aron sent out an email he sold OC.com and XF.com.
For those who keep in contact with Aron he said to only use the email info@napkin.com
OC.com is under privacy it will be interesting to see who the buyer is and if they have anything to do with Orange County. Whenever I hear OC that’s the first thing I think of.
XF.com has been with Aron for a decade and he reported that he turned down some big 7 figure offers in the past.
Congrats to Aron
Indeed, that is a good week ……. a great week!
Good for him. He’s a good guy. Always answers emails with a polite answer.
Funny how he couldn’t sell oc.com for the owners, but once he bought it, he sold it for even more, conflict of interest, I would sue!
Agreed !
Let’s say Aaron made $600k profit on XF.com and $100k on OC.com. After paying 39.6% federal tax and 13.3% state tax, he made about $300k. That would be enough to pay lawyers fees, I assume.
Shh! Don’t you guys see what nice clothes the emperor has on? đ
I’ve got a new post awaiting moderation here down below, and check out the 7/26/2017 thread at DI. I was the first to say anything as far as I’ve seen.
does anyone know how much he paid for xf.com 10 years ago?
i’m still kicking myself that i didn’t borrow money to buy a two letter.com for 20k when i had the chance.
What a sweet week indeed, Congrats Aron. thanks for sharing.
Where it applies to the latest innovations in Distributed Peer to Peer Trusted Block Ledgers, OC stands for OffChain transactions.
en.bitcoin.it/wiki/Off-Chain_Transactions
Prefer on chain and that will win so… OC it Off reference could also mean Off Course lol đ
GEORGIA-PACIFIC The largest producer of napkins in the world might consider selling GP.com and rebranding to Napkin.com
Okay, so it’s good to see that finally I was not the only one with the guts to say anything, but I certainly was the first.
And here’s a total bullshit alert for you today as well:
namepros . com/posts/6303361/ (post #17 in the NP thread by “LarryDomain”).
(Disclaimer: As defined by the Merriam-Webster Dictionary, the word bullshit is only “usually vulgar,” but not always vulgar; i.e., there is a time and a place.) đ
Edited repost due to moderation hold up:
Okay, so itâs good to see that finally I was not the only one with the guts to say anything, but I certainly was the first.
And hereâs a total bulls–t alert for you today as well:
namepros . com /posts/6303361/ (post #17 in the NP thread by âLarryDomainâ).
(Disclaimer: As defined by the Merriam-Webster Dictionary, the word bulls–t is only âusually vulgar,â but not always vulgar; i.e., there is a time and a place.) đ
I am under the impression HA is smart and the seller of OC for example are smart people as well.
I would also imagine a nice tidy contract would contain a section devoted to acknowledgement of the buyers advantage in said field and the seller agreeing to the possibility the buyer and it’s “advantage” could lead to a resell for profit
At least that is what I would assume and personally like to see should I have been the broker.
On a side note I have nothing but nice things to say about Aron and trust he worked as hard as he could for the client. In most cases the client wants too much for a name and realize after some time it is not reasonable.
> “I am under the impression HA is smart”
Uh, yeah, you got that right for the acquisition part. The PR part, not so much.
> “and the seller of OC for example are smart people as well.”
Well that’s a big leap. Like the lady who “accidentally” sold a three letter .com recently for peanuts because she had no idea how valuable it was? I have found in life that you just can’t assume that, and even when someone is smart and successful about some things, they can be a bit clueless about others in a way that can sometimes be taken advantage of. That applies to all of us.
> “I would also imagine a nice tidy contract would contain a section devoted to acknowledgement of the buyers advantage in said field and the seller agreeing to the possibility the buyer and itâs âadvantageâ could lead to a resell for profit”
Now maybe I’m just a bit clueless, but that appears to be nothing less than truly bizarre to me, times ten. “Seller hereby acknowledges that buyer has the advantage, and may be able to enrich themselves after any transaction with seller…” You just made me lol for real there.
> “At least that is what I would assume and personally like to see should I have been the broker.”
In keeping with the above, sure does seem like an odd assumption to me. Also who needs it? If everything is being done legitimately and in good faith, since when does anyone even need to mention that a buyer can sell or dispose of something however they like once it’s theirs. Not buying this, pun intended…
> “On a side note I have nothing but nice things to say about Aron”
Oh, what a surprise. That’s what a lot of people in this industry do. It’s laughable and sad at the same time. If I knew who you were I could probably already have told you first that you have nothing but nice things to say about the guy…
> “and trust he worked as hard as he could for the client.”
I’m sorry but that definitely rates a lol. Now that’s a really big leap in light of the facts.
> “In most cases the client wants too much for a name and realize after some time it is not reasonable.”
I have no association with anyone involved and no stake in the deal or domain itself, and the whole thing looked fishy from the start while it was still just being “brokered,” and including going back to the ridiculous pricing of black.com shortly before. And let’s not forget a three letter .com selling for a nice 7 figures to a Chinese buyer shortly before. Hmm…
Ill keep this short, a contract which states the buyer is a professional in said industry and therefore has an advantage is also known as a disclosure because of reasons just like this.
A seller turning around and saying “hey you took advantage of me”.
It is widely used in many fields, like R.E. for example. There is no reason a smart domainer or brokerage would not consider using such a disclosure when buying, again in a situation like this.
I stand by my belief Aron is a hard working and trusted man. I am someone who has always fought for the little guy and hunted down thieves and scammers to help people recover what is rightfully their own. If I for one second thought Aron did anything unethical I would be the first to mention it.
Who I am or what I have or have not done in the industry has no bearing on my opinion on Aron, I do not judge people for what they have or don’t have, done or not done, I look at the facts.
Josh, dude, it doesn’t get any plainer as a case of conflict of interest and the “appearance of evil.” Hello? And I’ll say it again – that goes especially for anyone who knows anything at all about this particular industry and how it works. And that last part goes especially for all those who were so quick to rejoice and congratulate the emperor on his nice new cloths.
> “Ill keep this short, a contract which states the buyer is a professional in said industry and therefore has an advantage is also known as a disclosure because of reasons just like this.â
Okay well I guess such clauses do exist then, but in my humble opinion they would definitely belong in the Twilight Zone when it comes to this industry. Or a convention of bank robbers.
> âA seller turning around and saying âhey you took advantage of meâ.
> âIt is widely used in many fields, like R.E. for example. There is no reason a smart domainer or brokerage would not consider using such a disclosure when buying, again in a situation like this.
Yes, well we wouldnât want anyone in the industry to not be covered when they find an opportunity to take advantage of someone in a commercial relationship like that.
By the way Josh, remind me to get a list of brokers who include such clauses in their contractsâŠ
> “I stand by my belief Aron is a hard working and trusted man.”
I don’t know about you… I’m afraid I’ll have to honestly stand by a belief that’s a bit funny right now.
But more than that, I stand by my belief that the story of “The Emperor’s New Clothes” is a timeless classic of nearly infinite value in important situations in life.
> “If I for one second thought Aron did anything unethical I would be the first to mention it.”
Same as above. I find your perspective to be a tad lacking. Obviously others do as well. I’m even wondering if it’s more than just that given the nature of this forum…
> “Who I am or what I have or have not done in the industry has no bearing on my opinion on Aron, I do not judge people for what they have or donât have, done or not done, I look at the facts.”
Don’t know why you felt the need to say that in reply to me, but that’s okay. As I merely indicted in my post I could generally predict what a person will or will not say in such situations if I know them a bit. Certainly not hard to do most times.
You fought for them so you can try to buy their 3L once they recovered it.
Adam Dicker was all those things also, your neighbor.
New total bulls–t alert folks: domainnamewire . com /2017/08/11/aron-meystedt-sells-oc-com-xf-com-week/#comments
P.S. Like the title of this thread, “It was a good week for Aron Meystedt…” Yes, it certainly was… đ
yes, let’s all congratulate this great and ethical move! we all love stories with lots of dollars in it. who cares about little details?
the reply from Jim Halperin, co-chairman of Heritage Auctions, on domainnamewire is a MUST read! it should be remembered ’till the end of times.
LOL. Jose, let’s also remember how people tend to count on how fickle the public is and how quickly the public forgets. đ
I suppose all I am saying is unless there was a complaint it is all just talk, wouldn’t there be some egg on face should it be said such a clause was in the contract? If we take HA for their word and a broker approached them out of the blue then it is what it is, no intent to deceive the seller. Unless the buyer broker states otherwise or the seller forms a complaint there are no facts to run a guys name through the mud. That’s all I am saying.
You are correct Josh, we need some facts to know if there was a conflict of interest. We would need to hear from the seller what happened, and we need dollar amounts.
More nonsense. And I guess I don’t mind saying again it doesn’t get any plainer or clearer as a textbook example of conflict of interest. And I guess I don’t mind saying again that goes especially for anyone who knows anything at all about this industry.
It seems that many people WANT there to be a problem with this sale. I wonder why and what their motivations are?
On the contrary, it seems too many people are too willing to quickly declare what nice clothes the emperor has on, while the famous industry “luminaries” who know better stay assiduously and more or less predictably silent because the matter is about a fellow “luminary” who simply hasn’t gone as far off the cliff as one like Dicker. And if any are not silent, one can also expect the usual “wonderful person, nothing but good things to say” type of line.
You seem to have a lot of problems with domaining, one wonders why you are still here?
@xj385 – words in other person’s mouth syndrome…
Do you have any facts that prove something was not right with that sale?
If you don’t have any you could well be spreading falsehoods and harm others doing so. You don’t seem to be concerned about that. If you would care you would attempt to speak with the involved parties privately before making accusations on blogs. Leaving anonymous comments on blogs just makes you look unprofessional and slanderous.
Do you really care or do you care more about your ego?
Well you’ll just have to take that up with every other anonymous commenter who feels the same way here and at DomainNameWire and at DI, won’t you? And apparently you are just as clueless as a few others and need to do the same a basic search on “conflict of interest definition”…
OK. No facts just trolling on blogs.
Clueless…and you’re the troll…
@Hans, P.S. –
“If you donât have any you could well be spreading falsehoods and harm others doing so.”
Nice try. (Not.) đ
I can accept it was an intercept, except the interception was by a player on the same team as the intended receiver.
LOL
The fact remains @John you have no facts. You know nothing of the communication between the seller and heritage auctions. From reading all your posts I understand you have a very high opinion of yourself and seem to know everything.
Not having facts never stops the whiners.
Clueless people alert, need to do basic search on âconflict of interest definitionââŠ
Grinch alert!