Subscribe by EmailYour Domain Name Could Be Worth $400 Million
June 24, 2007 by Kiltak |
Well, if you’ve got a really good one that is! Back in 1999, just before the big dot-com bust, people laughed when business.com was sold for $7.5 million. And now, it seems that the domain is up for grab again. Can you guess how much the owners are asking for it? $400 million dollars. Yep, that’s a lot of spare change… several tons of it in fact!
The company that grew out of business.com — a search engine used by businesses to find products and services — is now on the auction block, and could fetch anywhere between $300 million and $400 million, according to people familiar with the matter.
Do you think a domain name could be worth that much? Sex.com got sold for $14 million back in January 2006 and beer.com for $7 million. So do you think $400 million for business.com is just a bit overpriced?
What are your thoughts on this?
Business.com Could Hit Jackpot on Auction Block (The Wall Street Journal)
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It seems either domains aren’t worth crap, or are worth a ridiculous amount. There’s barely any in-between.
I think they’re worth whatever the buyer believes they can make from it. There really isn’t a dollar amount limit.
It is also a popular “generic” term that most likely, in itself, gets a high amount of “type-in” traffic.
Even so, if the domain/business sells for what they are asking it would surely turn more people on to the domain name market.