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Anorak | Canadians Are Cashing In On The Tea Party.com

Canadians Are Cashing In On The Tea Party.com

by | 28th, September 2011

CANADIAN rockers The Tea Party might be cashing in:

A sum of $1 million would put the musicians in elite company. Only a few dozen domain names have sold for that much or more, including sex.com ($13 million), vodka.com ($3 million), and poker.com ($1 million). The key to a big payday is marketing and timing. “Domain names are Internet real estate,” says Marc Ostrofsky, author of Get Rich Click! and an entrepreneur who bought Business.com for $150,000 in 1995 and sold it four years later for $7.5 million. “A good way to think about them is like tenants in a shopping mall. You’ve got your anchor tenants like Business.com and mutualfunds.com, and then you’ve got seasonal guys who come and go like teaparty.com.”

Will Mr Anroak.co.uk ever make it to President?



Posted: 28th, September 2011 | In: Technology Comment | Follow the Comments on our RSS feed: RSS 2.0 | TrackBack | Permalink