In one of the largest domain name sales, business.com was sold by Marc Ostrofsky for $7.5 Million. Ostrofsky had originally purchased the domain name for $150K.
After a few years (2007), the web site as well as the domain name was bought by RH Donnelley for $350 Million! Domainer Marc Ostrofsky is also famous for having coined the phrase “Domain Names are Internet Real Estate“.
DEC.com is the fifth oldest domain name. It was registered by Digital Equipment Corporation, which was also the first computer vendor to launch a public web site (on 1th October 1993). At one time it hosted a software repository at gatekeeper.dec.com which was very popular during the pre-WWW days. [more...]