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An American gets 2 Million Selling a Domain Name

April 9, 2008

pizza.com

A man from the US probably knew what he was getting himself to when he bought the domain name pizza.com with a maintaining fee of only $20 dollars a month since 1994… or maybe not.

This American’s name is Chris Clark, 43, accepted a bid from an anonymous bidder after involvement in a week long online auction for the domain name.

Mr. Clark says, “It’s crazy, it’s just crazy,” but of course we all know that he enjoys this sudden hit of craziness. He quoted this in the Baltimore Sun newspaper.

He added with, “It will make a significant difference in my life, for sure,”

It’s amazing to ever think that there was a point Mr. Clark had regrets before the sudden acquisition of the domain name from him. He said that the main reason why he bought the domain name in 1994 just when the world wide web was just starting, he was hoping that pizza.com will enable him to get contacts in the pizza industry for his consulting company.

The main purpose of buying that domain name was gone as his business closed in 2000, however he kept maintaining the site by paying $20 dollars annually. He also used the link to sell advertisements online.

While he maintained the site, he suddenly caught wind of a news that a domain name of “Vodka.com” had been sold for 3 million in 2006 which made him think, saying to himself, “I thought, ‘Why don’t I just try to see what the level of interest is?’” he said.

He added, “If someone’s willing to pay that much for Vodka.com, maybe there’s more interest in pizza.com.”

He started the launch of his domain names online auction in March 27. At first, the bid came from $100 dollars and then jumped off to $2.6 million a week later.

After accepting the latest offer of $2.6 million, Mr. Clark is hoping and counting the transaction of that lucky bonus to be completed.

When Mr. Clark recalls the time he acquired the domain name, amidst the happiness he feels being filthy rich for that matter, he says the only regret he has is that he didn’t buy more domain names back in the 1990’s.

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