$400M for a Domain Name!!!

In 1999, when Business.com was purchased $7.5-million, it was a shocking development. Imagine paying that much money for a URL. Well, the owners – Jake Winebaum and Sky Dayton – have put the domain name on the auction block, and they’re expecting to get $300-million to $400-million for it. Unreal! The list of potential buyers includes Dow Jones and the New York Times.

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