Rally road and MJ.com
 

I received an email about this upcoming "IPO" for buying shares in this domain, MJ.com. I've looked at the site before, but have never invested in anything. Are people familiar with this site and is it legit? It appears it's regulated, but would be interested to hear any thoughts if you have experience with investing in anything.

Weird thread to post on a basketball card forum... unless this is just an advertisement. :rolleyes:

New godaddy spam, who dis?

>tfw the IPO committee unanimously votes for a Milla Jovovich fansite pivot.


[IMG]https://wp.usatodaysports.com/wp-content/uploads/sites/90/2013/12/sad.gif[/IMG]

When I saw that the prospectus on MJ.com literally states “Hell of a flex”, I decided that I’m going all in.

Stick to poker

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[QUOTE=ricefan77;19411492]I received an email about this upcoming "IPO" for buying shares in this domain, MJ.com. I've looked at the site before, but have never invested in anything. Are people familiar with this site and is it legit? It appears it's regulated, but would be interested to hear any thoughts if you have experience with investing in anything.[/QUOTE]

They're 100% legit. I've been active on there for some time, access to some very cool and unique stuff.

So they are valuing MJ.com at $950,000. The hope would be that some day a company wants to buy MJ.com for more than that. All companies have their websites long before launch these days. It's not like the old days when you would buy a website and hope a company needed that from you.


The hope here I guess is that MJ's team wants to buy MJ.com down the road, but he didn't become a billionaire by being stupid. This sounds like a horrible investment.

[QUOTE=pejc300;19419934]So they are valuing MJ.com at $950,000. The hope would be that some day a company wants to buy MJ.com for more than that. All companies have their websites long before launch these days. It's not like the old days when you would buy a website and hope a company needed that from you.


The hope here I guess is that MJ's team wants to buy MJ.com down the road, but he didn't become a billionaire by being stupid. This sounds like a horrible investment.[/QUOTE]

Domain investing was never really profitable in the first place but it’s been dead for well over a decade

You are absolutely correct in your assessment that this is an awful investment.

You’re never going to get a return on this