Pizza.com Domain Name Sold For $2.6M

5Apr2008 Filed under: Interesting Stuff, The Web Author: Nai Alastair

According to a news report from BBC, Chris Clark, a 43 year old American has sold the domain name Pizza.com for a price tag of 2.6 million dollars.

photo credit: Hanataro

He first registered the name in 1994, when the world wide web was still in its infancy, and was hoping the domain would help him get a contract with a pizza firm for his consulting company. It didn’t work out as deliciously as the domain sounds, and he reportedly closed up his business which was supposed to utilize the domain.

He decided to keep the domain he has registered and is now reaping the fruits of his labor. After maintaining it for $20 a year since 1994, it was finally sold for $2.6M to an anonymous bidder in a one week auction which started on the 27th of March 2008. The price started at just $100.

“It’s crazy, it’s just crazy”
- Chris Clark

Well, it’s no longer suprising when we hear things like this on the web. If anything, it serves as a reminder of just how profitable it is to anticipate the future value of things. Now, if only I could turn back time..