Pizza.com auction closes at $2.6 million
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.
Subscribe By Email
Most Recent
- All About the Nokia N900 — a Roundtable Podcast
- BlackBerry Buzz: Spyware Alert
- Xcel’s SmartGridCity Can Thank Fiber For Ballooning Costs
- GIPS Wants iPhone to Video Conference More Often
- Startup Nasuni Targets Primary Storage in the Cloud
- Have You Thanked Your Favorite Bloggers Today?
- 10 Questions for Greentech Investor David Gelbaum
- Will Notion Ink’s Adam Be the iPad for Geeks?
- Everything You Ever Wanted to Know About Location
- Vid-Biz: Lost Premiere, Olympics, Rovi
Market Stats
Most Commented
- 70 Today: Gmail to Get Social News Feed: Report
- 36 This Week: Silicon Valley Has a Woman Problem, But Women Still Have a Baby Problem
- 43 This Month: 12+1 Signs That You Have Founderitis
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
[...] has this post mentioning that Chris Clark, who registered the domain Pizza.com 14 years ago, has turned $20 a [...]
[...] Pizza.com auction closes at $2.6 million [via Zemanta] [...]