Business Magazine Experiment Results in 6 Figure Loss

Posted on the 08 June 2021 by Worldwide @thedomains

Everyone loves to hear a great domain name sale story. Everyone loves to tell one as well. We don’t get many stories where the person admits to an experiment costing them a six figure loss.

Shifang Yuan from tweeted about an experiment with domain names.

I invested in 2,000 domains from 2018 to 2020 and they didn't sell well. In 2020, we gave up domain name renewals at a loss of about $100,000.

— Shifang Yuan (@hishifang) June 1, 2021

Luckily for Shifang he owns 10 LL.coms and 50 Plus the domain name is very valuable.

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