Wednesday, January 25, 2006
I'll start the bidding at I'll give you $5 just to take it
There is still gold in them thar domain names:
Sex.com, long coveted as potentially one of the most lucrative sites on the Web because of its catchy name, has been sold for about $12 million in cash and stock, a source familiar with the deal said on Monday.
A group of anonymous buyers, Boston-based Escom LLC, said in a statement it had acquired the Web address Sex.com from Gary Kremen, chief executive of Grant Media LLC and the founder of Match.com. Terms of the transaction were not disclosed.
Sex.com is seen as one of the most recognizable and therefore financially most promising Web domain names but does not currently have much content.
I could have registered sex.com but instead went for broke with hotnakedlynnecheney.com instead. Thus are fortunes made and lost....