Here is what he had to say in this post which is pretty interesting:
“I recently got a call from the owner of this iconic domain name asking if I was interested in buying the MP3.com domain name. MP3.com was the digital music pioneer I founded which offered free MP3 downloads of initially unsigned bands, but eventually the biggest names in music.”
“It also sold the first MP3 player in the US, built the first cloud locker with other advances which made it the largest digital music company in the world at the time.
It went public on NASDAQ in 1999 and eventually sold to Vivendi/Universal for about $400 million. Vivendi sold the domain name to CNET, which was then purchased by the media conglomerate CBS who called me and told me of a pending auction of their domain names.”
“While MP3.com used to be a technology and industry leader, it has now withered to irrelevance under a series of new owners. Presumably since I was the founder and CEO of the original MP3.com, CBS called me asking if I would buy it to preempt an auction. They suggested they believed it was worth multiple millions of dollars.”
“Some might argue that MP3.com is an ultra special domain name, but they’d be wrong. ”
“Do you think any of those are profitable companies?
“I politely declined to place a private bid for MP3.com. They mentioned they’d already received an unsolicited 7-digit offer. ”