Turns Out, $7.5 Million For Business.com Wasn't So Bad
from the the-big-score dept
It's commonly believed that the $7.5 million paid for the domain name business.com was one of the surest signs of irrational exuberance displayed during the dot-com bubble. But according to The Wall Street Journal, the site is raking in several million dollars per year and is looking to sell out for between $300 and $400 million. At this point, there's a little more here than just a domain name, but it's still hard to tell how much of a business business.com actually is. Ostensibly it's a popular search engine for business needs, but the site itself looks like little more than one of those fake search engines that typosquatters and domainers put up. Still, if the company is as profitable as it's said to be, someone is bound to come in and snap it up.