Enough to pay $12,000 for it?
I just got the results for the Domainfest first-day auction, described as “very strong” by Oversee’s main on the ground, Mason. Certainly looks better than last year, which was a bit of a wash-out. Is this another sign the economy is finally picking up?
Anyway, of 73 domains, 49 were sold totaling $150,950.00. It’s good but it still seems under-par. Oversee’s CEO Jeff Kupietzky alluded to this in his opening speech. Jeff believes that this is early days, that the world of domains will explode some time soon, like a real estate boom.
Maybe he’s right; maybe he needs to persuade himself he’s right, with a portfolio of one million domains that will cost over $5 million a year in holding fees. I’ll ask him tomorrow morning.
Here’s a random selection of domains, prices and mindless comments from me from the list:
Popularity: 1% [?]
{ 0 comments }
