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Blawg Review # 145

If The Number '5' License Plate is Worth $6.8 Million, What Is Your Domain Name Worth?

The number "5" license plate sold for $6.8 million dollars in Saudi Arabia and another 300 vanity plates sold for another $56 million at last week's auction.  It is estimated that the number "1" will be auctioned next month for up to $20 million dollars.

The free market is just realizing the value of a domain name, driven by the fact that each domain name is unique and - typos and cybersquatters aside -  their 'one-of-a-kind' nature. Domain names are in many ways like lake front property (and yes vanity license plates).

Read the entire article and watch video here.

Comments

Aaron Larson

Some domain names are like a 50 acre oceanfront estate on a white sand beach in Hawaii. Others are like crack houses. (Not that you can't make money with a crack house, but it takes a different sort of personality and business model, and the money isn't actually in the real estate.)

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