I have been telling clients for sometime to get the domains that they think about, even if it is just the .net version. This goes to show how a somewhat meaningless investment can turn in to.
Chris Clark, the man who had the inspiration to register Pizza.com domain more than twenty years ago, accepted to sell it for $2.6 million.
According to Baltimore Sun, Chris Clark bought the name back in 1994, hoping that the domain would help him score a contract with a pizza company. But six years later he sold his Internet consulting company, but he kept paying the $20 monthly fee for the domain.
But when he heard that in 2006 a Russian company paid $3 million for Vodka.com, he decided to put its domain on auction. Clark turned to Sedo.com to help him sell the domain. The auction has started with $100, but in just two days the bidding hit 2 million.
“Really generic description domains are hot commodities these days, especially the ones that encapsulate an entire industry,” said Jeremiah Johnston, Sedo’s chief operating officer, quoted by Baltimore Sun. Sedo.com refused to disclose the identity of the new owner of Pizza.com.
Chris Clark, who now owns Minestream Software Corp., a company that sells Internet protection products, said he has not idea what he will do with the money.
Of course, he has only one regret. “In ‘94, you could have just registered everything and anything,” Clark said. “I think about that now, yeah”.
Tags: domain name, internet news