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Chris Clarke bought Pizza.com Domain in 1994 at a cost of just $ 20 annually and sold it in 2008 for $ 2.6 million. Alan Musk had to pay a lot of money for Tesla too.
Domain name deals : Thinking before time can be a profitable deal at times. It is about when the Internet had arrived. The main character of the story is an American person named Chris Clarke. Chris sold a domain name pizza.com for $ 2.6 million (about Rs 21.5 crore today). Interestingly, Chris registered this domain at a cost of only $ 20 per year in 1994. Meaning he spent 20 dollars every year and kept his rights on that domain. When he got the right bid, then sold and left with goods.
Alan Musk paid $ 11 million for Tesla
The story called Tesla.com Domain is also quite interesting. The domain was registered by Stu Growsman in 1992. Till then Tesla Motors did not even be established. Tesla Motors Built in 2003. For a long time, Tesla Motors was run on the domain of teslamotors.com. However, as Alan Musk’s company Tesla’s business increased, and he only moved from cars to energy products, for him the acquisition of Tesla.com seemed necessary. In 2016, Alan Musk finally bought this domain for $ 11 million.
Domain name is an address of a website on the Internet, such as www.google.com or www.amazon.in. A domain registrar website (eg Godaddy) is used to register it. For this, you have to pay an annual fee. If the domain name is unique and in demand, it can be sold at a big price. The domain name business is beneficial because it is a digital asset, whose demand is continuously increasing. This investment is a great example of low cost and high profits.
Chris Clarke sold his consulting company in 2000, but he paid $ 20 annually for the domain. This was the result of his vision, because in 2006, a domain named Vodka.com was sold for $ 3 million. This news inspired him and he put Pizza.com in the online auction. After a week’s auction, an anonymous bidder bought it for $ 2.6 million.
Malkhan Singh has been active in the world of news and content for the last 16 years. In the journey from print media to digital media, the name of many well -known institutions is connected in profiles. Working with News18Hindi for two and a half years …Read more
Malkhan Singh has been active in the world of news and content for the last 16 years. In the journey from print media to digital media, the name of many well -known institutions is connected in profiles. Working with News18Hindi for two and a half years … Read more
