June 22nd,2007

$400M for a Domain Name!!!

By Mark

At b5media, we buy lots of domain names. Sometimes - but not very often - we even pay more than $10 for them. All in all, we’ve got a lot of really good domain names.

That said, it looks like our chances of buying Business.com are non-existent. The domain, which was purchased in 1999 for a staggering $7.5-million, is back on the block.

The owners - Jake Winebaum and Sky Dayton - are looking to get a cool $300-million to $400-million for it. Now, if it was $300 or $400, we make a bid. :)

The list of potential buyers includes Dow Jones and the New York Times.

The Conversation

Alex on June 22nd, 2007 at 14:00

Man, I wish I was computer/business savvy back then to invest in domain names. But I looked and noticed that nobody has Ihavenocomputer.com yet. Deal or no deal? :)

Rob on June 22nd, 2007 at 16:52

Wow! I wonder what the potential buyer’s highest offers have been.

HART (1-800-HART) on June 23rd, 2007 at 02:09

My favorite quote from that article..

the final price for Business.com is hard to predict. But at $350 million, a deal would value the company at some 24 times cash flow.

That’s a lot of cash flow.

mark on June 25th, 2007 at 12:51

Same as comment #1 :(

Andrew on June 26th, 2007 at 10:28

This is a business, not just a domain name:

http://domainnamewire.com/2007/06/25/businesscom-confusion-spreads-across-web/

Business.com on Sale for $400M on June 26th, 2007 at 14:25

[…] dotcom boom in 1999, the domain business.com sold for $7.5 million. Now it’s back on sale for $400 million. Even at that seemingly insane price, the domain attracts serious bidders like Dow Jones and The […]

Mike Abundo on June 26th, 2007 at 14:30

Internet. Serious business.

May Ong on October 19th, 2007 at 23:50

Any idea how much anyone would pay to purchase domain names like Dell, IBM, HP, iPod, Apple, Google?

Are they paying for that domain name per se or all the other business related content and contacts that goes with them?

Em …

May ong

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