Pizza.com owner earns $2.6 million for selling $20 domain
If there was one thing that the 43-year old Chris Clark regretted not doing, it was not buying more domain names when he bought pizza.com in 1994. Clark who used to run a consultancy firm will become $2.6 million richer when the transaction for the purchase of pizza.com is completed in a couple of days from now.
Looking back 14 years ago, Clark, who lives in North Potomac, Maryland, did not think that he would be making a big amount of money from the domain name he purchased. He was just trying to attract a pizza company to his consultancy firm when he bought the domain back then. But after receiving no response from the pizza company, Clark still continued paying the annual renewal fee to keep the domain name.
Luck pushed his way when he heard about another person making $3 million for the domain vodka.com and so he tried his luck and opened up pizza.com up for auction. The bidding for pizza.com started at $100 and went up to $2.6 million after several days. That’s when Clark decided to accept the offer.
When asked by the Sun Baltimore News about how he felt on the sale of his domain name, Clark bewilderedly answered, “It’s crazy, it’s just crazy.” Well, who wouldn’t feel that way if you’re going to earn that much for a meagre investment?
Full Story » | Written by Arnold Zafra for Gadgetell. | Comment on this Article »
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