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Posts tagged with O.Co

Overstock learns that .com is still king

During the internet boom of the late 1990s, companies flush with investor cash regularly spent big bucks acquiring generic .com domain names.

The rise of the .com domain name culminated in the sale of Business.com for $7.5m in 1999.

After the .com bust, the pace of multi-million dollar domain name sales slowed, although more than a few domains have changed hands for seven figures in the past decade.

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