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WallStreet.com Up For Auction: Is Money Worth More Than Sex?
Written by: Paul KedroskyArticle Overview: Ah, the age-old question: Is money worth more than sex? We get the latest test tomorrow, with the WallStreet.com domain going up for auction, a scant six months after porn.com sold for $9.5-million. Moniker, which is handling the auction, claims to have a $4 to $5-million reserve.
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Free Download - Sorry, You Can’t Be My Online Friend By Paul Kedrosky |
WallStreet.com Up For Auction: Is Money Worth More Than Sex?
Ah, the age-old question: Is money worth more than sex? We get the latest test tomorrow, with the WallStreet.com domain going up for auction, a scant six months after porn.com sold for $9.5-million. Moniker, which is handling the auction, claims to have a $4 to $5-million reserve.
I will be amazed if WallStreet.com goes for more than Porn.com. Sure, the former is a bigger business (even if they're linked), but most of Wall Street's denizens are less prone to random direct entry of relevant-sounding URLs. The owners of the domain say they currently get 2,000 visitors a day, which may sound impressive for a content-free link-fest, but is diddly.
Anyway, the real value of WallStreet.com is not to a domainer. It is to a major media company wanting a generic URL for a major marketing campaign around business media. And gosh, I can't think of anyone like that, can you?
More here, including the entertaining history of the WallStreet.com domain.
obDisclosure: I appear now and then on Fox-competitor CNBC as an analyst, and Roger Ailes never calls me.
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About the Author: Paul Kedrosky RSS for Paul's articles - Visit Paul's website Dr. Kedrosky is currently the Executive Director of the William J. von Liebig Center in San Diego, California. Using an innovative seed capital program, the Center catalyzes the commercialization of technologies from the internationally-ranked University of California, San Diego. Dr. Kedrosky is also a venture investor with Ventures West, Canada's largest institutional venture capital firm, where he is most active in consumer technologies and software. He is currently on the board of Marqui Corporation, a marketing automation software company. Click here to visit Paul's website The Coming US Crackup Consumers Continue to Choose Credit Cards Over Mortgages The Oh Shit Board Meeting Bees Nesting and Markets Former VCs Discover Entrepreneurship is Hard Work and VCs are Assholes |
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