Jon Adams

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jondude
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Jon Adams
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A Minority Of One

Life & Events > $2.6m for Domain Name Pizza.com
 

$2.6m for Domain Name Pizza.com

(From BBC)
US man gets $2.6m for domain name
pizza
The domain name was registered in 1994

A US man has sold the domain name pizza.com for $2.6m (£1.3m) - after maintaining the site for just $20 a year since 1994.

Chris Clark, 43, accepted the offer from an anonymous bidder after a week-long online auction.

"It's crazy, it's just crazy," Mr Clark, who lives in North Potomac, Maryland, was quoted as saying by the Baltimore Sun newspaper.

"It will make a significant difference in my life, for sure," he added.

Mr Clark registered the domain name in 1994, when the world wide web was just starting.

He had hoped that pizza.com would help to get a contract with a pizza firm for his consulting company.

He sold his business in 2000, but kept paying the $20 annual fees for maintaining the domain, which he also used to sell advertisements.

In January, Mr Clark decided to sell it after hearing that another domain - Vodka.com - was sold for $3m in 2006.

"I thought, 'Why don't I just try to see what the level of interest is?'" Mr Clark said.

"If someone's willing to pay that much for Vodka.com, maybe there's more interest in pizza.com."

The online auction was launched on 27 March. The first bid was $100, jumping to $2.6m a week later.

Having accepted the latter offer, Mr Clark hopes to get his windfall in a few days' time when the transaction is completed.

He said he now regretted not buying more domain names in the 1990s.

posted on Apr 4, 2008 6:13 PM ()

Comments:

I wasn't even on-line in 1994!
comment by marta on Apr 6, 2008 6:32 PM ()
I met this guy in Palos Verdes at a chic bookstore. He was telling me all about his capitalist venture and knew that over time, the domain name would reap big bucks. $2.6m doesn't seem like much when you think of Google's acquisition of Blogger.
comment by november on Apr 5, 2008 6:30 PM ()
I heard this on the radio the other day...Lucky bugger!!
comment by elfie33 on Apr 5, 2008 12:23 PM ()
Eh I wonder how much I'd get for mine he-he, Kihon means back to basics in the karate world, if we ever give it up I'd auction it off lol. Great Story Jon
comment by lynnie on Apr 5, 2008 11:51 AM ()
Good luck to the guy It's wonderful when someone gets a bit of god fortune
comment by augusta on Apr 5, 2008 11:02 AM ()
Another good idea that I didn't think of at the time--registering domain names. As my brother was fond of saying, "It only takes one good idea to become a millionaire. I just haven't thought of mine yet!"
comment by redimpala on Apr 5, 2008 10:02 AM ()
Jondude, I tried to sell DateMyPet...so far, no takers...not even in Oklahoma!!!
comment by barbiebrains on Apr 5, 2008 8:12 AM ()
It's always some other guy who thinks of doing stuff like this...
comment by looserobes on Apr 5, 2008 8:09 AM ()
I owned two domain names bought back in 1995 that I sold in three years, for a minor profit. I never used them but planned on a food recipe site and a site for poets. I only wanted the money back that they cost plus the renewal fees. I've had an offer to buy www.jondude.com but not for much. I wouldn't sell it for beaucoups cash. Well, maybe?
comment by jondude on Apr 5, 2008 5:56 AM ()
Wow! I'm with Martin--wish I had a few of those!
comment by angiedw on Apr 5, 2008 4:07 AM ()
I didn't know that this was still going on. I remember when someone had the name compaq.com and they paid millions to get that, too. This must have been years ago because that's when we had a compaq computer.
comment by sunlight on Apr 4, 2008 11:16 PM ()
And now we are all kicking ourselves for not registering domain names!!
comment by greatmartin on Apr 4, 2008 7:26 PM ()

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