Investor’s Business Daily has an article republished by CNN on the domain name aftermarket. The article looks at how prices for premium names is skyrocketing, using the name business.com that recently sold for US$345million as an example along with the “Seattle-based Marchex MCHX paid $164 million to the holder of some 100,000 domain names.” Investment in Demand Media to the total of $320million, including by Goldman Sachs, and the recent $150million investment in Oversee.net are examples.To read all of the article, and see another example of how the mainstream press is reporting the domain name aftermarket, see money.cnn.com/news/newsfeeds/articles/newstex/IBD-0001-22895497.htm
Domain Name Game Still Going Strong; Tad Less Secretive
Investor’s Business Daily has an article republished by CNN on the domain name aftermarket. The article looks at how prices for premium names is skyrocketing, using the name business.com that recently sold for US$345million as an example along with the “Seattle-based Marchex MCHX paid $164 million to the holder of some 100,000 domain names.” Investment in Demand Media to the total of $320million, including by Goldman Sachs, and the recent $150million investment in Oversee.net are examples.