OT - If you had an opportunity to purchase the domain name www.fit.com - how much would you pay?

Tonster MBA

OT'r of the Year 2013
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Jul 10, 2007
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Currently in negotiations. The seller is open to being paid in equity.

What should we establish our anchor price? He asked we make an offer.
 
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Tonster MBA

Tonster MBA

OT'r of the Year 2013
OT Supporter
Jul 10, 2007
12,660
LA
Is that domain worth that much to your product?
No, not at all, but it is an asset on our books that will increase in value as we build our FIT brand. All of our stuff is named with "FIT+noun" FITGuard, FITApp, FITCloud. We call ourselves team FIT.

We don't need it, it would just be nice to have. We are raising a round of funding, and this can be the investment. They "invest" FIT.com, we give them equity.
 
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Tonster MBA

Tonster MBA

OT'r of the Year 2013
OT Supporter
Jul 10, 2007
12,660
LA
Why do you always ask us such stupid business questions
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