Posts tagged with Domai Nfest Global 2011

Is the domain name gold rush finally over?

The internet has minted a fair share of millionaires. More than a handful have made those millions buying and selling desirable domain names. Starting with the sale of for $7.5m in 1999, over the years many domains have changed hands for sizable amounts -- six, seven and even eight figures.

That's not exactly surprising: domains have been likened to real estate, and when it comes to building a brick-and-mortar business, it's all about location, location, location.