Today I saw this tweet from domain investor Jason Sheppard and I had to do a double-take. Happy420.com was at $30,166 at the time of his tweet, it ended $6,000 higher at $36,166.
While I can understand why this domain would have some meaningful value and make it’s way into the four-figure range, this seems like a much higher sale price than I would have expected. Of course, to get that high there had to be at least two people bidding the auction up so there were two people out there who seemed to feel like the price made sense.
I’ll be incredibly interested to see if this sale goes through, and if it does, who bought it and what they end up doing with it. We all know that marijuana-related domains were hot, then cooled down, but they never went ice cold. At the same time, there’s a general feeling that pot stocks will never get back to where they once were, and if you want to do a deeper dive into that, there’s an interesting article in Forbes about it.
So let’s see what happens here. Like I said, this one doesn’t make much sense to me, I could see the buyer not following through, but I’ve been surprised many times before, it’s the domain name world so anything really is possible.
What do you think? Is Happy420.com worth $36,000?