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That domain name would have been one expensive purchase. I wonder if there's any significant correlation between buying an expensive domain upfront & success rate.

That aside, It has spent most of it's life being parked with ads. https://web.archive.org/web/*/wire.com

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I often wonder about price when I see great domain names like this. Sometimes they seem to boost the product and many times it doesn't matter. I saw a post on reddit about examine.com. I think the guy said he paid like 40k for the domain and he believes it was a big part of why they were growing. He basically said that he had money from previous business selling and he figured even if the site didn't work out the domain name would get him back most of that money if not more if he had to resell it.

That's me!

oh hai. So was what I said correct? When I had money I used to scarf up domain names for any idea I had. Some of them were decent but I don't think I've ever sold a single one. Eventually just let them all expire after holding them for like 6 years.

Yup 100%. Worst case, I could have still turned it around and immediately sold it for 25k. If I was more patient, likely 35k.

To me, ignoring the opportunity cost of the cash itself, it was a ~10k risk. Worth it.

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