Logo.com Sold For $500,000 (via Sedo)
Written by Pradeep Kumar in Technology - Print This Post
Logo.com, LLC recently announced that they bought the domain name Logo.com for $500,000 through domain marketplace Sedo.
Logo.com will provide logo design as well as website design, business card and letterhead design and printing services. The company also plans to introduce other small business services, such as domain registration, Internet marketing consulting and accounting.
The price tag on the domain name puts the sale in the eleventh spot of top sales for 2010, tied with IPO.com but well behind number one, Slots.com ($5.5 million). Logo.com, LLC is a privately held Illinois corporation. It was founded in 2010 and headquartered in Chicago. Logo.com provides logo and graphic design services for small businesses worldwide. Logo.com’s website is scheduled to launch in Q1 2011.
[via TechCrunch]
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thats a huge amount…
The 500k investment should be easily returned within a few years with offering design services and maybe a subscription based program.
I wish I would have born 10 years earlier so that I could buy some nice domain names like this and sell it now. :-p
The price Very good domain name. They can easily beat 2,520,000,000 competitors.
That’s a money I would like to earn for a life time. If only I was born 10 years ago.
that’s really a big amount…the investor wud get his investment back in a year span and den profits…i wish i wud had owned this domain..lolz…:)
I totally agree with Jose as the value of good domains in highly appreciated these days.
@ Pradeep: Your blog is so cool. Nice.
Will you post about my blog if I sold my blog to other? lol
wow….thats a huge amount…
cool article…..
Freakingly high price
Seriously.
That’s a Whooping Deal Man!!! I am very much surprised!
Wow, that’s amazing… but I have to admit this domain name is short and nice, no wonder it can fetch such a good sum! I wonder how much my domain can fetch? Any gals and dudes here want to make me an offer?
if you think the domain owner only made the huge, think how much sedo generated through this deal. sedo got commission of $50,000 that’s 10%.
I can totally sell one of my domains for that amount of money
wow, I wonder if still shopping for more domains so i can make some money
Wow !!What a deal.There is still people who looking for quality domain names.
Anyway thanks for the info
Huge price but worth for such a nice domain name!!
i wont say it was expensive , since it went for half a million dollars …. logo is a very easy name to remember , and im sure the client can make good use of the name …
Sourish
the best thing about such generic names is , they dont need google to rank them , its easy to remember and hence goes viral when people start talkig about it …just like every internet user knows google . they dont need to google to find google … isnt it
Such a great news , I guesss , Single Word Domain always much costly
I think logo.com must of worked awfully hard to get to were they are.