On Wednesday we mentioned that pizza.com was up for auction. With the bids finally in Chris Clark, who registered the domain 14 years ago, has turned $20 a year in renewal payments into millions of dollars.
Pizza.com auction closes at $2.6 million
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Editorial Masthead
Hmm, sounds like the business.com story and another sign of irrational exhuberance.
I can’t believe they paid 2.6 mm for that web-site! It seems they spent all of their money on buying the site and had nothing left to pay the designer.
My best guess it was Pizza Hut. Everyone is going to visit the site to see what’s new there and that how they will kick off their new promo “Pasta Hut”
Joshua – They didn’t pay for the web site, they paid for the domain name; pizza.com
And I’m pleased for Chris Clark. What a nice, easy, and harmless way to make a lot of money. Good for him.
Wow! One must be crazy to offer that much for a website name. Good business for the seller, bad business for the buyer.
Just like hotels.com is a search engine for (commercial) hotels and/or cars.com is a search engine for (commercial) cars, so pizza.com is naturally also a search engine for (commercial) pizzas.
There’s a poll regarding the price of the domain name at http://pizza.com/pizza-forum/online-pizza-search-engine-gets-sold-for-2-6-million-t81.html
it is amazing that much money is made on an in-tangible–who owns dot.com ?
qtip.com ? food.com , clothing.com and shelter.com all have occupants