+-+-+ Huge Domain Sale: LOCAL.COM goes for $700,000 +-+-+
 

2005 has been a huge year for domain sales. In one of the largest individual domain sales of the last few years, local.com was purchased this week for $700,000. (CreditCards.com sold for $2.75 Million in '04).

Full story can be found here. This was also reported in Duke's DNJoural Sales Report for this past week. Posted this in the domain sales thread also, but the deal is big enough to warrant it's own topic.

:thumbsup

Good domain actually. Need to get into the local search market qucik though if they plan to compete with the big boys ;)

Good buy there. Well worth the coin.

The branding by this public company will be sweet!

Agree 100%.

:thumbsup

whoah sweet acquisition... the name justifies it IMO coz the possibilities are endless... did you sell it pax? :winkwink:

With the right developement, that could be a very lucrative site. Several distinct possibilities for it too.

:1orglaugh :1orglaugh :1orglaugh

Good one.

:winkwink:

Here's another good article on this:

http://www.thedeal.com/NASApp/cs/Con...=1107993147461

It even includes a nice soundbite from Monte @ Moniker. :thumbsup