Huge Sales!

[neddy]

I was just reading this article on Elliot's Blog about some reported acquistions by BankRate. Over $80m worth!

http://www.elliotsblog.com/bankrate-reports-over-80-million-in-domain-name-acquisitions-8539

One of the sales was for CarInsuranceQuotes.com - reportedly acquired for $7,500,000. Wow!

The owner is Drew Sharma - and he was recently profiled on MO.com for another of his premium websites - Cookies.com

Also well worth a read imo: http://www.mo.com/drew-sharma
.

 

[Jonathan]

Yikes... 7.5m for one domain.

Still, it looks like it's ranking decently for some terms - I wonder what kind of traffic/revenue it was bringing in?

 

[neddy]

Yikes... 7.5m for one domain.

Still, it looks like it's ranking decently for some terms - I wonder what kind of traffic/revenue it was bringing in?

Thought you might be happy with that news given your niches!