Fund.com Domain Name Sells for $10 Million
By on Jun 13, 2008 in Doman Name News
openPR - In April, pizza.com sold for 2.6 million, not to be outdone by fund.com fetching a record $10 million in May by broker Clek Media. Due to record prices being fetched for these 1 word domain names, a new market is emerging for multiple word extensions. Industry giants ArrowBranding.com BuyDomains.com are seeing record sales for their 2 and 3 word domains. Analysts believe that most decent 2 word domains will be gobbled up by the end of the decade.
Clek believes that the nearly $10 million purchase price for fund.com represents the highest price ever paid for an Net domain. The purchase price tops what the Guinness World Records books report as the highest previous price, the memorable business.com purchase…
Original post by Domain Name News, The Domain Industry News, ICANN News, Registry News, Domainer News
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