Comments on: Buy Yung Yee’s Portfolio At A Discount

By: Tweets that mention Buy Yung Yee’s Portfolio At A Discount | The Domains -- Topsy.com

Wed, 09 Jun 2010 22:47:35 +0000

[...] This post was mentioned on Twitter by Michael Berkens, Esq, jon kimball. jon kimball said: $165mm Domain Portfolio Now Available At A Discount http://bit.ly/6AYMXJ @Berkens [...]

By: Marchex Layoffs Announced | Elliot's Blog

Marchex Layoffs Announced | Elliot's Blog — Sat, 31 Jan 2009 22:11:11 +0000

[...] Operating Officer and Matthew Berk Executive Vice President of Product Engineering. In November, Mike Berkens blogged about Marchex and how it’s market cap was just slightly more than the total amount they paid for Yun [...]

By: SEM

SEM — Sat, 22 Nov 2008 22:30:03 +0000

Andrew…I wish that could be said for all the CEOs…pay for performance like the GM/Ford and…etc

thanks
good post

By: Andrew

Andrew — Sat, 22 Nov 2008 14:53:55 +0000

@BullS -

I think the reason your source is different from the proxy statement is because the shares have a vesting period. My guess is the newspaper just valued the complete sum of all of the shares even though he only gets a portion of them in the first year. I agree that it’s a lot of shares, but shareholders should be more comfortable with a CEO getting $50k salary and millions in shares as opposed to millions in money and a little bit in shares. He has an incentive to keep the stock up.

By: Pages tagged "portfolio"

Pages tagged "portfolio" — Sat, 22 Nov 2008 07:30:48 +0000

[...] bookmarks tagged portfolio Buy Yung Yee’s Portfolio At A Discount | The Dom… saved by 9 others qri296 bookmarked on 11/22/08 | [...]

By: Hugh

Hugh — Sat, 22 Nov 2008 07:20:47 +0000

FMA portfolio far superior IMO, and how things have changed over the last couple years since he sold seems like 300 years ago. There are many companies worth investing in that are much better buys than Marchex IMO, Companies selling for below Cash per share.

our basically saying that either the portfolio was overpriced at $165 or the value has drastically decreased in the few years since the acquisition

Probably both

As far as it being a bad buy of an overpriced asset, I don’t recall anyone taking that position at the time of sale.

Self Interest probably, greater fool theory at its best.

You do make a good point Mike while people are criticizing Marchex you know they not lowering their price, which if Yun Yee portfolio worth a lot less then some people here have possibly a worthles portfolio.

By: SEM

SEM — Sat, 22 Nov 2008 06:40:55 +0000

Forgot to mention, Mr.Yee gets 15% of the revenue.

By: Mike @ WannaDevelop.com

Mike @ WannaDevelop.com — Sat, 22 Nov 2008 05:40:30 +0000

It’s one of the best domain portfolios in the world… Who cares whether it’s the best or not or whether it was a good price as the rules of the game have changed. It is what it and they have plenty of domains that could sell for thousands that don’t make anything parked so they should start selling off if they really want to re-focus and get people excited about the bigger picture.

A lot of bad decisions later…. domains are still domains and even though they may not be optimized properly to make the most of the traffic and all the great opportunities that should be taken advantage of 4 years later which exist today……. there still is hope.

By: MHB

MHB — Sat, 22 Nov 2008 04:34:43 +0000

So guys

our basically saying that either the portfolio was overpriced at $165 or the value has drastically decreased in the few years since the acquisition

As far as it being a bad buy of an overpriced asset, I don’t recall anyone taking that position at the time of sale.

If you believe the asset is no longer worth the purchase price have you reduced the prices on your domains as well?

By: MHB

MHB — Sat, 22 Nov 2008 04:28:49 +0000

Russ

You doubt may statement that this portfolio was “arguably the best portfolio ever available”???

You say “Not even close”

Wow

What would be the portfolio’s that were available in this price range that would have been far superior to Yung Yee’s?, besides yours?