discuss $7.1 Million Candy.com Bonus 14 Years After the Sale!

[Big Mac]

From Rick's Blog

"Then last Monday I get a call from Greg and Joe. They were absolutely giddy. They could hardly contain themselves. The company that was Candy.com turned to GreenRabbit.com has been sold and I should expect about $6 million. They wanted to tell me for 2 months but had to remain mum. It was driving them crazy. I changed their lives and they changed my life.

Then on this past Friday they said final numbers worked out to $6.8 Million. An hour later I get another email. btw, there is also some dollars held in escrow for 90 days. When that is released, your number will be $7.1 Million.

So the full value I received from the sale of Candy.com is in excess of $11 Million!! This is my model sale and I have repeated it now several times with other domains and hopefully some future windfalls."

Congrats to Rick Schwartz

 

[deleted_20231022]

IMHO, this news sounds total bs. I am not even in any mood to accept such news.

 

[scithe]

So Candy.com is now a website selling NFTs. Interesting that a multi-million dollar domain acquisition ends up creating things like Undertaker NFTs (200@ $75 each so $15kUSD minus probably 15k USD for the freebies and Mark's cut).

And GreenRabbit.com is not a candy company either but a business that ships cold stuff.

So what was actually sold where Rick ended up getting 7.1 million? The Candy.com domain or the sale of Green Rabbit to a new owner? I seem to remember reading he took equity as partial payment for the original domain.