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What's in a domain name? Serious money
arifsali
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2
1-31-2008 5:06 PM
334 views
tags:
finance
,
internet
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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/cb369468-82c1-41a5-83ce-af5fbe9ecc08/15FFA01C-08A3-4B43-A351-CD0AFE30EE76/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.iht.com/articles/2008/01/31/technology/domain.php" href="http://www.iht.com/articles/2008/01/31/technology/domain.php" style="font-size: 11px;">www.iht.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.iht.com/articles/2008/01/31/technology/domain.php">Xavier Buck planned to spend $100,000 last week to bid for domain names, those parcels of virtual Internet real estate, at a live auction in Los Angeles.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.iht.com/articles/2008/01/31/technology/domain.php"><P>He blew past his limit in less than an hour.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.iht.com/articles/2008/01/31/technology/domain.php"><P>By the time the three-hour auction had ended, Buck, chief executive of the Luxembourg-based company EuroDNS, had spent $150,000 for 15 appealingly generic names, including 7th.com, chaptereleven.com, microfinancing.com and computersystems.com.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.iht.com/articles/2008/01/31/technology/domain.php"><P>"These names will pay for themselves within two years," Buck said, as he sat in the ballroom of the Renaissance Hotel with a business partner who wore a matching gray suit. "The world is only now beginning to discover how important it is to have these assets."</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.iht.com/articles/2008/01/31/technology/domain.php"><P>For the first time, people outside the traditionally insular and sometimes underground world of domainers, as they call themselves, might agree with him.</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;"> </td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/15FFA01C-08A3-4B43-A351-CD0AFE30EE76/blog/" title="blog or email this clip"><img src="http://content9.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>
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