Loading...
Market
What will be the primary use of 'friend.com' by December 31, 2024?
2
Resolution / Starting Odds
Social Networking • 25%
E-commerce • 25%
Content Platform • 25%
Other • 25%
Official website, press releases, news articles
Story
Avi Schiffmann Buys 'friend.com' for $1.8 Million in Payment Plan Deal
Jul 31, 2024, 12:48 AM
Avi Schiffmann has reportedly purchased the domain 'friend.com' for $1.8 million. The transaction is structured as a payment plan, with an initial down payment followed by periodic payments over time. There are clauses in place that allow the venture capitalists (VCs) involved to retain ownership of the domain if the startup fails. This approach is likened to a rent-to-own model and is considered a strategic move for building a trustable business. The deal has sparked considerable discussion, with some suggesting that the marketing value generated by the purchase has already begun to offset the cost.
View original story
Similar markets
Yes • 50%
No • 50%
Product development • 25%
Marketing and sales • 25%
Hiring and team expansion • 25%
Other • 25%
Less than 10,000 • 25%
10,000 to 50,000 • 25%
50,000 to 100,000 • 25%
More than 100,000 • 25%
Less than 100,000 • 25%
100,000 to 500,000 • 25%
500,000 to 1 million • 25%
More than 1 million • 25%
Teens (13-19) • 25%
Young Adults (20-29) • 25%
Adults (30-49) • 25%
Older Adults (50+) • 25%
Less than $5 million • 25%
$5 million to $10 million • 25%
$10 million to $20 million • 25%
More than $20 million • 25%
Customer support • 25%
General AI interaction • 25%
Educational purposes • 25%
Other • 25%
Payments • 25%
Custody • 25%
Trading • 25%
Other • 25%
Redirect to ChatGPT • 25%
Standalone ChatGPT portal • 25%
Educational resource hub • 25%
Other use • 25%