CreditCards.com deal sparks talk of new gold rush
In the biggest-ticket domain name sale in years, a small Austin marketing firm has paid $2.75 million for CreditCards.com. Despite the rocky history of high-priced domain sales, participants say it was a fair price, and the sale may signal a new gold rush for Internet address speculators.
"It's like prime real estate, there's only so much of this real estate to go around. I feel like we bought a slice of Park Avenue," said ClickSuccess CEO Dan Smith. The sale was actually completed in March, but just announced Tuesday.
http://www.msnbc.msn.com/id/5467584/
I wonder how many domain names the seller had to buy to hit a winner. It sure paid off!!