
The big company will pay me $100,000 is usually a false hope because
it ignores the supply side. This is similar to the water-diamond paradox
in economics. Why is water so inexpensive when it is essential? If
people had to, people would pay $10/gallon for water to live.
Diamonds, while beautiful, are not essential but they are expensive.
The answer is that the supply also matters.
More realistic speculators have a more realistic but a very long-shot
hope that a large company using expensive naming consultants will
pay $10,000 to $20,000 for a domain name to stop the search process,
since it costs consultants and executives thousands of dollars to
evaluate each name.
If you would like to make a comment, please fill out the form below.