As much as I enjoy collecting generic, one-word domains... this is just crazy. You're buying the right to use the name and not the name itself; a virtual promise if you will. It's like buying an ad space on the side of a building in downtown SF only to be covered in a couple years by bigger, nicer looking buildings and ads.
I guess it's not so bad seeing that it was a mostly stock-trade deal, but the idea of spending that much money on a domain that isn't all that grand is absurd. Does anyone want to buy OrdersUp.com for $200 million? Heck, i'll make you an even better deal... $150 million with full rights to our software... ;-)
I guess it's not so bad seeing that it was a mostly stock-trade deal, but the idea of spending that much money on a domain that isn't all that grand is absurd. Does anyone want to buy OrdersUp.com for $200 million? Heck, i'll make you an even better deal... $150 million with full rights to our software... ;-)