Funny Old Business.com
This is just a test to see if anyone's awake, right?Entrepreneurs Jake Winebaum and Sky Dayton were widely mocked for lavishing $7.5 million on a single Internet domain name -- business.com -- back in 1999. It was the single highest price paid for a domain name at the time.
Now look who is having the last laugh.
The company that grew out of business.com -- a search engine used by businesses to find products and services -- is now on the auction block, and could fetch anywhere between $300 million and $400 million, according to people familiar with the matter.
Me, it was me: I mocked back in 1999, and guess what: I'm mocking now, even more - about 50 times more.
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3 comments:
A pity you didnt buy it then.Still it might have made you unhappy.p
Yeah, just because each fool has so far managed to find a 'greater fool' does NOT mean they aren't fools. At some point the party ends .
Well, that's my view too - but with money like this flowing around I sometimes wonder if it's not me that's the fool.....
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