[Ecommerce] $38 million for cool domain name

[James Love]

According to this story in MSNBC, Tim Lee was offered $38 million to buy
cool.com, a domain he registered for free five years ago.  MSNBC says
this tops the $7.5 million paid for business.com.

The purchases illustrate the huge value of a generic name of the .com
top level domain.  

http://www.msnbc.com/news/387441.asp

A man, a domain and a plan
Martin Wolk




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