Markets in Everything: Dollars for Domains
Here's a recent CNBC segment about the market for domain names:
CARPE DIEM
Professor Mark J. Perry's Blog for Economics and Finance
Friday, July 09, 2010
Here's a recent CNBC segment about the market for domain names:
About Me
- Name: Mark J. Perry
- Location: Washington, D.C., United States
Dr. Mark J. Perry is a professor of economics and finance in the School of Management at the Flint campus of the University of Michigan. Perry holds two graduate degrees in economics (M.A. and Ph.D.) from George Mason University near Washington, D.C. In addition, he holds an MBA degree in finance from the Curtis L. Carlson School of Management at the University of Minnesota. In addition to a faculty appointment at the University of Michigan-Flint, Perry is also a visiting scholar at The American Enterprise Institute in Washington, D.C.
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3 Comments:
I am glad you posted about this. I've done little research on this but it seems that the domain registrars themselves are also engaged in the business.
It's an unfair advantage because rather than present themselves as disinterested third parties, they too have engaged in not releasing expired domains and then selling them far greater than its cost.
It somehow gives the mistaken illusion that people could buy and sell domains, when in fact the ones that generate the real money are the registrars.
But hey, if some people are making money out of it.
Then good for some of them.
If I may, Mark, consider this, I've bought twitterlistings.org for my new site because the .com extension was already owned by somebody.
I paid $10.
A few weeks after I got an email selling me the .com version for a whopping $390.
Whoa.
That's a more than 1000% hike on the actual value...
I didn't buy it. If the guys in Colorado new, I would've told them that I lived in a jungle where I simply can't cough out $390 to pay for a silly .com domain
Markets in Everything?
How about a $100K to make like George Jetson?
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