domain name sells for $352,000

Just when you thought the days of six figure prices for domain names were long gone...

After the explosive price increase of's IPO a friend commented to me that it sounded like the 90's were back.  While I don't think that is true, though there might be a small window of loose purse strings on investor dollars while the impact of LinkedIn's IPO price sinks in, it seems that there is some heady spending going on.

When Sedo's GreatDomains site listed the domain name for sale at auction, they expected that the price might top out at about $50,000. Well serious interest by three bidders drove the price up and by time the last two bidder's relented and the smoke cleared the final price for the domain name was over seven times the expected top bid.

There's no clear indication who the winning bidder was, but at that price point you would have to think that the contenders were serious players in the datacenter business, looking for an easy to remember location for upcoming cloud services for the enterprise.  I doubt it was purchased for eventual resale at that price.  A whois lookup in a few weeks might answer that question.  I know that I'll be checking.