Quote:
Originally Posted by BigRod
Snap Names was littered today with retards that purchased .co domains yesterday and figured they would flip them for five figures less than 24 hours later.
My company purchased roughly 500 .co domains all owned mainstream trademarks. We then price them under 1k. Most fortune 500 companies would rather just spend 1k to acquire branded domains than use the legal system to acquire them. Out of the 500 we will sell between 50-100 and the rest we will be forced to hand over.
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I own and manage thousands of typos and get C&D's on a daily basis. I have not encountered ONE company that would pay me ANY amount as opposed to starting UDRP which costs them at least $1,500 excluding lawyer fees.