–Dan Kelly, Attorney
By way of update to a previous post, some are still occasionally hitting the jackpot on generic domain names. At the recently concluded DomainFest auction, Tshirts.com sold for $1.2 million, and Quotes.com sold in the extended online auction last week for $1.15 million. Granted, these sales are an order of magnitude less than Fund.com that once upon a time sold for just under $10 million, but in a sluggish economy, a seven-figure domain name sale is fairly rich.
This week, DomainName.com goes up for auction (I am not making this up), apparently along with the entirety of the accredited registrar business found at that website, making it difficult to determine the FMV of the domain itself.