Web Developers

Candy.com Sold For A Sweet Price

Posted by on Jun 5, 2009 | One Comment

There should be an image here!It’s one of those things were we look back at the ’90s and wonder why we were not smart enough to invest in single word domain names! Ah, I remember… seems to me that they were priced a lot higher back then. Still, knowing what I know now, it would have made me a fortune.

Well speaking for fortunes, it appears that Candy.com was sold for a decent $3 Million recently and based on this article here from TechCrunch. Once you consider an average search volume of 800,000 queries per month, the price tag suddenly seems pretty reasonable.

The previous owner is no fool. Just last year he was the same guy that sold ireport.com to CNN for a cool $750,000! Clearly, this is a man who has a decent grasp of domain speculation it would seem.

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  • http://pulse.yahoo.com/_N6OQITYG5QN57CTPO5XSOFVEXM Jim

    Great article!

    It is amazing how many foolish people there are that see these advertisements and the pay their money and don’t see that blurred tiny small print on the screen that says THE RESULTS IN THE TESTIMONIAL ARE NOT A GUARANTEE OF RECEIVING THIS INCOME AND RESULTS ARE NOT TYPICAL.  Blah Blah blah.

    What it really should say is

    WE MADE UP THESE TESTIMONIALS AND OUR SMALL CIRCLE OF PAID EMPLOYEES OR FRIENDS ARE THE ONES IN THE TESTIMONIAL AND YOU WILL NOT GET DIDDLY SQUAT NEAR THE AMOUNT THAT THESE PEOPLE CLAIM THEY ARE GETTING AND YOU WILL NOT RECOVER THE COST OF YOUR SEED MONEY OR EVEN ENOUGH TO COVER BASIC OPERATING COSTS.

    I regularly see signs up saying “Real Estate Investor seeks student, six figure income possible”.  Again since there is a lot of suckers I would expect the student,  I almost typed stupid, to have been found already and since the signs are refreshed every week with new ones I presume there is either an endless source of suckers in the area or nobody wants to be a student when they are expected to invest their money in the schemes of the investor rather than learning how to invest money and seeing the investor invest his own money.

    Again,  while people think that they will make mega bucks for nothing they will continue to get suckered and greed makes people make these silly decisions to participate in these get rich quick schemes.