domain sells for $2.6 million

Just saw the news that sold for $2.6 million in auction. I’ll need to add this to my list of million dollar domain names.

Some people think the the domain name industry is crazy, that domains are selling for too much money. I disagree. There are a limited number of .com domain names, and having them is going to get increasingly valuable unless (or until) another naming convention takes over on the Internet. But that will be years away from now if it even happens.

My philosophy – if you find a good domain name, buy it immediately. Of course, I am not in the market for million dollar domain names, but I do think that this is a good buy.

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