Chapter
Price Negotiations in an Auction
07:13 - 10:08 (02:54)
In this discussion, the speaker talks about a hypothetical auction scenario where he is willing to pay up to 10 million dollars for DotApp but expects the bidding to start at 600,000 dollars.
Clips
The speaker explains how three-party auctions work, specifically focusing on the ascending clock second price auction where bidders are given a timed opportunity to place bids, and the winner pays the second highest bid amount.
07:13 - 08:28 (01:15)
Auctions
Summary
The speaker explains how three-party auctions work, specifically focusing on the ascending clock second price auction where bidders are given a timed opportunity to place bids, and the winner pays the second highest bid amount.
ChapterPrice Negotiations in an Auction
Episode#18 - The Big Business of Wacky Domains
PodcastMy First Million
This is a discussion about an auction for the domain name "DotApp", where the participants' willingness to pay varies greatly, and the bidding starts at $600,000.
08:28 - 09:38 (01:09)
auction
Summary
This is a discussion about an auction for the domain name "DotApp", where the participants' willingness to pay varies greatly, and the bidding starts at $600,000.
ChapterPrice Negotiations in an Auction
Episode#18 - The Big Business of Wacky Domains
PodcastMy First Million
In this snippet from the "How To Money" podcast, Joel and Matt discuss how the bidding process on the game show Shark Tank works.
09:38 - 10:08 (00:30)
Shark Tank
Summary
In this snippet from the "How To Money" podcast, Joel and Matt discuss how the bidding process on the game show Shark Tank works.