Investor’s Business Daily has published a throughout positive article on the domain business. This makes it the third major publication to highlight the domain industry in two weeks after the Sydney Morning Herald and the International Herald Tribune.
People scoffed when investment firm eCompanies paid $7.5 million for the Web address business.com in 1999 from a person who had paid $150,000 for it.
The purchase, though, shined a light on a secretive world where people actively and aggressively buy and sell Web domain names.
Thousands of Web addresses were bought in the early days of the dot-com boom on a hunch by people who expected Internet real estate would appreciate in value.
They were right, and still are.
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