TechSpot

Domain names once again fetch top dollar

By Julio Franco
Dec 26, 2003
  1. One more sign the technology sector is rebounding: An Internet domain name is again commanding seven figures.
    Last week, a Florida man sold men.com for $1.3 million, a healthy profit over the $15,000 he paid for it in 1997.

    The buyers, largely entertainment industry folks who have opted to remain anonymous behind the acquiring company, men.com LLC, want to create a portal for men.

    Read more: CNN.
     
  2. Masque

    Masque TechSpot Chancellor Posts: 1,058

    What's going to be interesting is to see exactly 'what' these people use the domain names for and whether or not they turn out to be a good investment per dollar spent. $1.3 mil paid certainly portends something big in the works.
     
  3. poertner_1274

    poertner_1274 secroF laicepS topShceT Posts: 4,172

    I'm surprised they actually paid for it. I know it is a good name, but most of the time they just create some spinoff of it to save themselves all that money. But as Masque says there must be something big in the making because you don't just go buy a 1.3 mil domain to leave it sitting around and be not profitable.
     
  4. ak_in_charge

    ak_in_charge TS Rookie Posts: 119

    I wish I was cashing in on that kind of bling bling.;)
     
  5. tripleione

    tripleione TS Rookie Posts: 154

    It's going to be hard for them with great sites like askmen.com and menhealth.com already up and running great.
     
  6. khosw

    khosw TS Rookie Posts: 36

    that's a great investment. short and concise domain names are very hard to come by...
     
  7. ak_in_charge

    ak_in_charge TS Rookie Posts: 119

    Makes you wonder how easy it would be to come up with something short and snappy and see if you can cash in.
     
  8. tripleione

    tripleione TS Rookie Posts: 154

    For big name companies with a huge income, it's possible. For a stand-alone amatuer with a dream, doubtful.
     
  9. StormBringer

    StormBringer TS Rookie Posts: 2,244

    This, along with the Micron article and a few other recent tidbits do tend to give the impression that the tech industry might just be making a rebound. It'll be interesting to watch in the first few months of next year and see if it holds up or if this is just a ripple.
     
  10. Masque

    Masque TechSpot Chancellor Posts: 1,058

    Don't short-change yourself. If you can come up with just the right name and register it, you could cash in just as easily. The trick is to sit down with an open mind and try to figure out just what kind of .com domains (yes, short and concise does it) you'd like to see and just what they could represent.
     
  11. poertner_1274

    poertner_1274 secroF laicepS topShceT Posts: 4,172

    Agreed storm, I have been seeing a few increasing trends here and there in the market recently, and I hope they continue that way. I took a class on investment and some of the tech stocks are gonig up, and looking at the trends in the stocks shows it should keep it up.
     
  12. agrav8r

    agrav8r TS Rookie Posts: 103

    I would imagine all the .com short names are gone. When the first batch of people went through, every name in the dictionary had been taken, or so i had read. Perhaps, .org or .biz or something along those lines perhaps.
     
  13. khosw

    khosw TS Rookie Posts: 36

    good point. for now it looks like another porn site...
     
  14. Masque

    Masque TechSpot Chancellor Posts: 1,058


    Well, that'll sure as hell get their money back. :haha:
     
  15. chuonthis

    chuonthis TS Rookie Posts: 38

    I agree that they're going to have a tough time getting noticed since there are other well-established sites for men already. Especially with the tacky webpage that's at men.com now...
     
  16. Vehementi

    Vehementi TechSpot Paladin Posts: 2,704

    We're not talking about the website that sold, we're talking about how domain names are once again being sold for alot money.

    I also read a little tidbit (included in the 101 Ways to Save The Internet) in Wired about creating a .sex suffix for pr0n sites that can easily be blocked with a filter, it seems like a good plan, because pr0n will still be here regardless of what you do.

    And I agree with SB, I hope and would like to see the tech industry rebound.
     
  17. poertner_1274

    poertner_1274 secroF laicepS topShceT Posts: 4,172

    I would think that most p0rn sites wouldn't want the .sex extension, because of that simple reason that it can be blocked easily. They are trying to get their name out there to anyone and everyone they can, and if it is that much easier to block then they aren't going to be happy.
     
  18. agrav8r

    agrav8r TS Rookie Posts: 103

    You are correct, but other people dislike it as well. Especially those that already have ford.com and don't want to run the risk of getting scooped on Ford .Biz and having to fork over a million or two. Just a thought.
     
  19. chuonthis

    chuonthis TS Rookie Posts: 38

    In the case where a company has ford.com (for example) and the .biz extension becomes available, I don't think Ford Motors should be trying to obtain ford.biz or ford.sex just so that they can have ford.*. The new extensions should be used for distinguishing different Ford companies, such as Ford Motors, the Ford Foundation, or even Ford's Porn Gallery. If people followed this, then Ford Motors wouldn't have to worry about having to pay big bucks to whoever nabbed ford.bat or whatever other ford domain that becomes available in the future.*

    *This post brought to you by ford.com.
     
  20. khosw

    khosw TS Rookie Posts: 36

    wouldn't it be better to make the .sex site a portal to the .com site. that way it can be blocked and if someone types in ford.sex it can be refused or accepted by the owner of the .com site.
     
  21. Masque

    Masque TechSpot Chancellor Posts: 1,058

    Yeah, but then it would be misleading the poor bloke whe really wanted a thrill! :haha:
     
  22. poertner_1274

    poertner_1274 secroF laicepS topShceT Posts: 4,172

    Haha. Personally I don't think that there will be a .sex extension, simply because I think that gets too out there for little kids. I mean granted they probably won't ever be looking for them, but what if they happened to get re-directed to one?

    If they were made it would be easy to block, but it could also be a bad idea.
     
  23. Masque

    Masque TechSpot Chancellor Posts: 1,058

    Oh, it'll happen. Just wait and see. And it'll come from the likes of places where it IS legal.....parts of Nevada and so on. It's just too obvious for somebody NOT to take advantaget of it.
     
  24. ---agissi---

    ---agissi--- TechSpot Paladin Posts: 1,977   +15

    That web page is super tacky as it is.. however with companies dishing out that kind of cash for a domain they want so bad, I might just go buy one to invest :D

    Maybe with the .sex extention Netscape and IE could block them all by deafult. Then it would be safe ;) And a lot neater, on the web, you would know weather or not your going to a p0rn site. If you want to see p0rn, just change the setting in IE and its not blocked :) Then again, it probably wont happen =\
     
  25. Vehementi

    Vehementi TechSpot Paladin Posts: 2,704

    That will spell the doom of 12 year olds all across the world! Flawless password-protected family controls for pr0n sites! (.sex domains) :eek:
     
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