BREAKING NEWS: ronpaul.com Domain Name Battle update

[CaptLouAlbano]

you'd want to claim part of everything ron does because you spent too much for a redirect?

No I would want a part of everything that Ron does because by spending 250K or whatever on the domain and giving it to him, I am investing in his company. Investors expect a return on their investment.

Let's say you wanted to start a restaurant, you had everything you needed to get started except a building. That building was valued at 250K. I offer to buy the building for you. Do you think that I am not going to want anything back in return?

 

[torchbearer]

No I would want a part of everything that Ron does because by spending 250K or whatever on the domain and giving it to him, I am investing in his company. Investors expect a return on their investment.

you do know what we are talking about right?
this is a phone book listing, not a server, not a website and suite with geek to maintain.
this isn't the agents, the office staffers, the offices... this is nothing more than a phone listing.
you'd pay way to much and demand way too much in return.

maybe that's why our country gets so fucked up.
when people get money(especially politicians)
they lose all sense of reality.

you aren't buying ron paul. you are buying a domain name that would redirect to his server.

 

[CaptLouAlbano]

you do know what we are talking about right?
this is a phone book listing, not a server, not a website and suite with geek to maintain.
this isn't the agents, the office staffers, the offices... this is nothing more than a phone listing.
you'd pay way to much and demand way too much in return.

maybe that's why our country gets so fucked up.
when people get money(especially politicians)
they lose all sense of reality.

you aren't buying ron paul. you are buying a domain name that would redirect to his server.

I don't care what I am buying - whatever it is equates to a $250K investment into his company. Ron Paul is a man, but there is a LLC or corporation that is Ron Paul as well. Not sure what they are incorporated as, and I do not feel like looking, but he is not a one man band here.

You asked me why I didn't buy it for Ron. I told you that I am not giving Ron money because he is a business. You scoffed at that and said something to the effect that the domain wasn't a good deal. I then went on to tell you under what conditions I would give the money to Ron for the domain, or buy it for him.

If anyone ponies up $50K, $100K, $200K, or $500K that goes to a for profit entity they expect a return on the investment. It doesn't matter if that money is used to by a domain, building, equipment, R&D or whatever it is used for.

Ron Paul is a business and hypothetically if I was to invest in Ron Paul the business (which is what I would be doing by buying the domain and giving it to him), I would expect a healthy return on my investment. The same way that if I was investing in your restaurant I would expect a return on my investment.

Not for nothing but this is Business 101 stuff here. I really hope you are in another line of work for a living, because this stuff is going way past you.

 

[torchbearer]

I don't care what I am buying - whatever it is equates to a $250K investment into his company.

You asked me why I didn't buy it for Ron. I told you that I am not giving Ron money because he is a business. You scoffed at that and said something to the effect that the domain wasn't a good deal. I then went on to tell you under what conditions I would give the money to Ron for the domain, or buy it for him.

If anyone ponies up $50K, $100K, $200K, or $500K that goes to a for profit entity they expect a return on the investment. It doesn't matter if that money is used to by a domain, building, equipment, R&D or whatever it is used for.

Ron Paul is a business and hypothetically if I was to invest in Ron Paul the business (which is what I would be doing by buying the domain and giving it to him), I would expect a healthy return on my investment. The same way that if I was investing in your restaurant I would expect a return on my investment.

Not for nothing but this is Business 101 stuff here. I really hope you are in another line of work for a living, because this stuff is going way past you.

Business 101 doesn't know what he is buying.
Stick to cars. (assuming you can even appraise those)
I have some beach front property in arizona. maybe if i make the price high enough, you'd consider it an investment.
business 101.

 

[CaptLouAlbano]

Business 101 doesn't know what he is buying.
Stick to cars. (assuming you can even appraise those)
I have some beach front property in arizona. maybe if i make the price high enough, you'd consider it an investment.
business 101.

Oh I know exactly what a domain is and does. I said I do not care what I am buying, because whatever it is (domain, building, equipment, etc) regardless it would be a capital investment in the company.

Let's say I started a new company and wanted to call it Lou's Shoes. And let's say that lousshoes.com was for sale, and whoever owned the domain wanted $100K for it. I could do one of two things, buy it or not. It all depends on how integral lousshoes.com was to my business plan. And that is the situation Ron will be in if he loses arbitration.

This whole train of conversation started because you asked my why I wouldn't buy the domain for Ron, and I told you. Then you went off on a tangent as to why I should get a piece of the action - and I told you.

If Ron does not win the UDRP then the price of the .com is whatever this guy wants to charge for it. Ron can buy it or he can pass - it's his call.

Trust me young man, I have made plenty of money in my life buying and selling businesses. There are aquisition costs to everything. And a domain name is just part of that cost. Whether or not it is valued at $250K or 10 bucks doesn't matter in this case because Ron Paul wants ronpaul.com and if he cannot use arbitration to get it, then he has to pay the piper or he is SOL.

Is it worth the 250K? That is for him to decide.

 

[PatriotOne]

Not for nothing but this is Business 101 stuff here. I really hope you are in another line of work for a living, because this stuff is going way past you.

Business 101: Cybersquatting is not a legitimate business. It an illegal bloodsucking parasitic con.

 

[SilenceDewgooder]

is this really the best use of time and effort?

 

[torchbearer]

Oh I know exactly what a domain is and does. I said I do not care what I am buying, because whatever it is (domain, building, equipment, etc) regardless it would be a capital investment in the company.

Let's say I started a new company and wanted to call it Lou's Shoes. And let's say that lousshoes.com was for sale, and whoever owned the domain wanted $100K for it. I could do one of two things, buy it or not. It all depends on how integral lousshoes.com was to my business plan. And that is the situation Ron will be in if he loses arbitration.

This whole train of conversation started because you asked my why I wouldn't buy the domain for Ron, and I told you. Then you went off on a tangent as to why I should get a piece of the action - and I told you.

If Ron does not win the UDRP then the price of the .com is whatever this guy wants to charge for it. Ron can buy it or he can pass - it's his call.

Trust me young man, I have made plenty of money in my life buying and selling businesses. There are aquisition costs to everything. And a domain name is just part of that cost. Whether or not it is valued at $250K or 10 bucks doesn't matter in this case because Ron Paul wants ronpaul.com and if he cannot use arbitration to get it, then he has to pay the piper or he is SOL.

Is it worth the 250K? That is for him to decide.

If you are buying something, in which, you don't know what it is you are buying.
You will get ripped off.
Most of the disagreements come from the fact that this stuff is esoteric.

 

[CaptLouAlbano]

Business 101: Cybersquatting is not a legitimate business. It an illegal bloodsucking parasitic con.

And that is for UDRP to decide. If it is found that they have right to the domain then Ron is SOL and can either pay the money or walk. There are obviously differences of opinion from educated people on this forum as to whether or not the owners of ronpaul.com are cybersquatting.

 

[CaptLouAlbano]

If you are buying something, in which, you don't know what it is you are buying.
You will get ripped off.
Most of the disagreements come from the fact that this stuff is esoteric.

Actually not really. Let's say that Ron Paul was able to project that his first year revenues would be 3.5 million, and that by investing in his company through the purchase of the domain (250K) I would get a 5% royalty on all sales. And let's say that a big part of their projection was based on them owning ronpaul.com instead of some obscure domain since they were going to use the domain name in the radio spots to drive in podcast subscriptions. Would you take the deal and buy that (what you consider) ridiculously overpriced domain?

 

[torchbearer]

Actually not really. Let's say that Ron Paul was able to project that his first year revenues would be 3.5 million, and that by investing in his company through the purchase of the domain (250K) I would get a 5% royalty on all sales. And let's say that a big part of their projection was based on them owning ronpaul.com instead of some obscure domain since they were going to use the domain name in the radio spots to drive in podcast subscriptions. Would you take the deal and buy that (what you consider) ridiculously overpriced domain?

its over-priced period because it normally $10 or less per year.
He doesn't need it, it would be nice to have.

 

[CaptLouAlbano]

its over-priced period because it normally $10 or less per year.
He doesn't need it, it would be nice to have.

And that is a business decision that they will need to make. It all depends how integral having ronpaul.com is to their business plan.

A domain is priced at $10 per year if no one else owns it, and it appears there was a time where Ron Paul could have purchased the domain for that price. There was probably a time where Ron could have purchased it from Ron Paul the consultant for a nominal price. However, now it is owned by someone else. And if UDRP rules that the current owners have a right to possess the name, then the price is whatever they wish to charge for it.

But you never answered the question I posed. If for your $250K investment you would have a 5% royalty in perpetuity with a first year projection of $3.5 million would you pay the money for the domain? If that was the contingency placed on bringing you in as an investor?

 

[PatriotOne]

And that is for UDRP to decide.

It couldn't be any clearer to me that this case is classical cybersquatting. If it is ruled otherwise, I will be shocked. And I mean OJ Simpson verdict shocked .

 

[torchbearer]

And that is a business decision that they will need to make. It all depends how integral having ronpaul.com is to their business plan.

A domain is priced at $10 per year if no one else owns it, and it appears there was a time where Ron Paul could have purchased the domain for that price. There was probably a time where Ron could have purchased it from Ron Paul the consultant for a nominal price. However, now it is owned by someone else. And if UDRP rules that the current owners have a right to possess the name, then the price is whatever they wish to charge for it.

best course is to contest the phone book entry.
if that fails,
just wait until its worthless to the people holding it.
they aren't asking for compensation for their talents and efforts. they are asking for compensation for ron paul's accomplishments that led to his rise in popularity.
the value of the site didn't rise because of their brand, it rose in value because of his brand. they used Ron's Self, his identity, to make money. not their selves, or their identity. that is theft.
this is the usury discussed in the bible.

 

[Carson]

If you've got a really good idea for a website, people will find it no matter what domain name you've got it under.

Don't youu imagine???

http://lmgtfy.com/?q=%22Don%27t+youu+imagine%3F%3F%3F%22

 

[CaptLouAlbano]

best course it to contest the phone book entry.
if that fails,
just wait until its worthless to the people holding it.
they aren't asking for compensation for their talents and efforts. they are asking for compensation for ron paul's accomplishments that led to his rise in popularity.
the value of the site didn't rise because of their brand, it rose in value because of his brand. that used is Self, his identity, to make money. not their selves, or their identity. that is theft.
this is the usury discussed in the bible.

Well we really do not know what they based their price on, but they can base it on whatever they choose to. If it were me, I would want to get 3x projected revenue before I parted with it. They may have a different means of pricing it, but it is their decision as to what they wish to charge. If they don't sell it then that is their issue to deal with. Domains are unique because they are one of one.

A close example from the real world is that I have a friend who owns a very successful bar & restaurant in PA. He has a sports bar theme and having a location near the minor league hockey arena in the town was integral to his business plan. He paid a price that was way over market value for the property where his restaurant is located because he wanted that spot. Now if he was opening a dry cleaners, it would not have mattered, but in his case he wanted the location - so he paid for it. Considering that he does 2.5 million net per year, he made a wise decision.

 

[CaptLouAlbano]

If you've got a really good idea for a website, people will find it no matter what domain name you've got it under.

Don't youu imagine???

http://lmgtfy.com/?q=%22Don%27t+youu+imagine%3F%3F%3F%22

Agreed. Short, simple, easy to remember dot coms are worthwhile predominantly for radio advertising.

 

[torchbearer]

Well we really do not know what they based their price on, but they can base it on whatever they choose to. If it were me, I would want to get 3x projected revenue before I parted with it. They may have a different means of pricing it, but it is their decision as to what they wish to charge. If they don't sell it then that is their issue to deal with. Domains are unique because they are one of one.

A close example from the real world is that I have a friend who owns a very successful bar & restaurant in PA. He has a sports bar theme and having a location near the minor league hockey arena in the town was integral to his business plan. He paid a price that was way over market value for the property where his restaurant is located because he wanted that spot. Now if he was opening a dry cleaners, it would not have mattered, but in his case he wanted the location - so he paid for it. Considering that he does 2.5 million net per year, he made a wise decision.

this was discussed in another thread.
the closest analogy to what we are talking about are phone systems.
and even then- they aren't that close.

 

[CaptLouAlbano]

this was discussed in another thread.
the closest analogy to what we are talking about are phone systems.
and even then- they aren't that close.

Cause you are still thinking of this solely by the function of what it does, and not what it might mean in an advertising sense. But really, Ron Paul might not see any value in having the dot com unless he can get it through arbitration. He may just walk away if he does not win. We shall see.

But that doesn't change the fact that the present owner can set whatever price he wants for the domain. I mentioned earlier today that one of my granddkids shares the same name as a "15 minutes of fame" person from American Idol. I own the .com, he wanted it. I offered to sell it for $100K. He passed. I didn't care.

 

[torchbearer]

Cause you are still thinking of this solely by the function of what it does, and not what it might mean in an advertising sense. But really, Ron Paul might not see any value in having the dot com unless he can get it through arbitration. He may just walk away if he does not win. We shall see.

But that doesn't change the fact that the present owner can set whatever price he wants for the domain. I mentioned earlier today that one of my granddkids shares the same name as a "15 minutes of fame" person from American Idol. I own the .com, he wanted it. I offered to sell it for $100K. He passed. I didn't care.

what i mean-
he could get ronpaulproject.com
and have SEOs make sure its top search for all searches ron paul.
ronpaul.com isn't need. its just nice to have.
which puts it in a different category than the storefront property.