Last week, I read that the domain name Pizza.com was being sold at auction, and was expected to fetch a hefty price. This morning I read the results, and I'd call $2.6 million a hefty price.
Apparently, the seller had bought the domain name in the early 1990's, when a lot of really common domain names were snapped up. He sat on his investment for quite some time, but when he heard that some other domain names were being sold for big bucks he decided to see what he could get for pizza.com. I think it's safe to say that his investment paid off big time.
I only wish that I had been smart enough as a teenager to be a computer geek, maybe I'd have a nice $2.6 million payday too. Unfortunately, I heard the siren song of the comic books, ahem, graphic novels. By the way, for those of us who didn't buy any domain names in the beginning days of the internet, read this article about why this sale was ridiculous. It's smart and funny, and it will make you feel not so bad for having not been an early buyer of domain names!
