3 million dollars for Vodka?!

@Idlewild (6090)
United States
December 15, 2006 5:08pm CST
Vodka.com, that is. A billionaire Russian entrepreneur behind that country's biggest vodka maker has paid $3 million to acquire the vodka.com domain, as part of its attempt to break into the U.S. market. The deal closed on Dec. 4. Wish I had known years ago how big the Internet would be; I would have signed up a whole bunch of similar domain names!
1 person likes this
2 responses
hockeygal4ever
@hockeygal4ever (10021)
• United States
15 Jan 07
Yeah, hindsight is always better than foresight! I guess if you really thought it out you would purchase a ton of "common" goods. Many people did that when the internet first came about, often taking company names and waiting for the company to offer a bid on the domain. Some made some big bucks while others didn't get nearly what they thought.
1 person likes this
Idlewild
@Idlewild (6090)
• United States
15 Jan 07
Some people still try to do it, buying up domain names for upcoming movies. I think most movie studios just change the name slightly, like www.[moviename]-themovie.com.
variety
@variety (105)
• Belgium
12 Jan 07
and what about bear.com =)
1 person likes this
Idlewild
@Idlewild (6090)
• United States
12 Jan 07
Well since you mentioned it I had to check it out! I was kinda disappointed that it's Bear Stearns; I thought maybe it would be a site for grizzly bears or something... What about the connotation, though... wouldn't it give people the impression that Bear Stearns is bearish on the market?