I'm just against the idea that registering a domain is something that entitles you to try to use it to make 15 million on transferring it because you were first and hoped someone with big pockets could buy it from you. It's not about whether I care about Budweiser, who was trying to buy is irrelevant and like I said I don't even like their beer either. On the third hand Budweiser is indeed really shit beer. Kind of ruins the inspiration when the thing he actually held out for was rent seeking. This is a three letter, actual word, dot com domain, and if I’m going to see it on every beer can you make forever, I should at least be well compensated". It wasn't like he responded "I think I will get more than 50k of use out of it" or "It's more than 50k of inconvenience for me to change my email" it was straight up "I replied that $50k should be the interest generated by the money someone pays for bud.com. His response was standard squatter logic - I registered it first and you have a lot of money + will actually use it heavily so I'm not selling unless it's for tens of thousands of times what I got it for. On the other his reasoning for not selling was really unrelated to any of that. On one hand I'm really glad he got to keep using it personally out of the gate and eventually was able to later use it again for the intent it sounds like he gave when registering, couldn't ask for anything more for a short domain. The story about his fight to register the four-letter domain name is also hilarious: >I wasn’t going to sell lightly, and they weren’t going to bid against themselves, so we didn’t get anywhere. I remember reading that the marketing budget for Budweiser beer that quarter was $16.1 million. This is a three letter, actual word, dot com domain, and if I’m going to see it on every beer can you make forever, I should at least be well compensated. >I replied that $50k should be the interest generated by the money someone pays for bud.com.
>He continued: “Well, how does $50,000 sound for bud.com?” >We chatted by phone: “So, you’re a college student!” Weinberg, representing Anheuser-Busch, makers of Bud beer. >In 1999 I was contacted by a lawyer Steven M. He was much happier that great three-letter domain name be used for something he loves, strong kind bud, instead of something he hates, weak piss beer. Instead he just hung onto it, and eventually used it for his own bud delivery company, once recreational cannabis was finally legalized.
It reminds me of Justin Hall's story about holding out and refusing to sell "bud.com" to Budweiser.
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