Monday, March 9, 2009

Domain Names as Investment Hedge

Domain Names as Investment Hedge. In the spring of 2001, I came across an eBay auction for the domain Inbox.com, listed with no reserve at $4,000. Now, in a clear sign of the times, the auction ended without any bids or bidders, including myself. After the auction, I emailed the seller and offered him $2,000 for the name. He accepted my offer.

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