hi everyone ....
well the moon has gone around a couple times so ..
I got the notion of a few things, and heck I might even share a couple of them if it's ok with y'all ....
1) 9 figures (that is, over 100 million) isn't so unrealistic considering that we are dealing with a ''still relatively new asset class'' .... (sorry for the big words ..)
2) this asset class has possibly not yet got the general public's comprehension. I've been chewing on this a bit so bear with me here. picture the stock market in 1915. it's still considered a shadowy world for high rollers only. then suddenly in the early 20's the public realizes it's ok to play this game, so they go all in. result roaring 20's, raging stock market, shoeshine boys giving stock tips to grubbyshoed clients. and for 10 years it's a bubble then pow.
3) could it be the general public doesn't yet know about DN's as a tradable and -- here's the key -- fun --- asset class? could be.
4) do you see any news papers or magazine articles about the fun of trading in DN's? I don't. I don't even see that perception in mainstream online news. so there's the gist of it.
5) when the public catches on as to the ease of trading in this asset class, you might get another roaring 20's. but for DN's. it's just a working theory right now.
I'm going to develop that theory as I go but it ties into the title of this thread also.
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so you've seen a couple of DN's (and this applies to pure DN as the asset, not the related biz that might go with it) go over 50MM.. insurance and vacationrentals. basic mercantile generics. (names like google or yahoo don't count because they're intrinsically tied into very large existing biz's. ) we're dealing with pure unattached DN's here.
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ok, if Hangzhou based 4.cn chose to put 88.com on the market, would it be surprising for it to fetch over 100MM. ? another factor to consider is that it wouldn't be the public paying this kind of figure, but some very deep pocketed corporation who views the DN as a good asset for long term.