AfterDawn: Tech news domain goes up for auction, minimum bid of $1 million

Written by Andre Yoskowitz (Google+) @ 10 Mar 2010 12:10 User comments (4) domain goes up for auction, minimum bid of $1 million, one of the most expensive domain names on the Internet, will go up for auction on March 18th with an opening bid of $1 million.
The domain was originally purchased for under $100 in 1994, and then sold in 2006 for $14 million to Escom LLC, who could not afford the payments and then defaulted the site to DOM Partners, the lender who backed the $14 million bid.

The question remains as to whether is worth $1 million, let alone the $14 million it sold for just a few years ago. Even so, auctioneer Richard Maltz says: "We don't know who's serious and who's not, but prospective bidders need a $1 million certified check. It should be interesting."

We will report on the final selling price on the 18th.

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4 user comments

110.3.2010 14:03

im sure the buyer will turn it into a sex-ed site :P

210.3.2010 21:49 was the first porn site I ever visited. I was in 4th grade. Back then it was a big deal (and of course it was a kind of big deal since I was finally getting to see it). you can remember the Internet back then, the site was like this:

Pic of the Day <-- every porn site had this
Video of the day <-- the quality was horrible! Real media format of the time
Cartoon of the day <-- wth

They also had this huge Pics section and a supposedly live stream (Java applet) of some other site. Check out on the Internet archive for laughs.

And for web developers like myself, it's also a laugh to see the table based layout, horrible colour choice, and overall bad design. The whole idea was to get you to view the pictures. Who cares about design on a porn site? (Well, at least back then; nowadays porn sites are much better designed when they are new while there are many out there that still look like they're from 1999.)

311.3.2010 10:53

You shoud check out the 'Sordid Saga of'. from Wired Magazine It's a doosey.

411.3.2010 10:53

You should also check out the book.

The Sex.Com Chronicles: A White-Hat Lawyer's Journey to the Dark Side of the Internet Charles Carreon

A scintillating true story combining sex, money, evil, and high powered legal maneuvering written with the clarity of Hemingway and the sly wit of Tom Wolfe.

This message has been edited since its posting. Latest edit was made on 11 Mar 2010 @ 11:01

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