CNET pays 20.5mm in Cash for FindArticles.com – Power to the Domainer
LookSmart’s FindArticles.com sells for 20.5 million in cash to CNET. http://biz.yahoo.com/bw/071107/20071107006248.html?.v=1
But wait you say.. what does that have to do with domain-names? CNET bought a developed website after all!.. Would they have paid 20mm if the name was a .net, org, biz or info? Would they have bought it if the domain name had a dash? How much less would they have paid?..
“Development” is very quickly becoming a lower priced commodity.. Need proof.. Look what Scott Day of Digimedia has just done:
Consider Scott’s sites through the optic of this CNET deal.. These were formerly just parked domain names.. A simple partnership with content provider Intelius, a smattering of elbow grease and *presto* .. Tens of millions in Market Capitalization have been unlocked.. This is the Internet equivalent of marrying of chocolate and peanut butter.
Only there is lots of Chocolate (duplicatable content) on the Internet.. Sticky peanut butter (powerful generic, type-in traffic producing domain names) is a lot more scarce.

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