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Logo.com Sold For $500,000 (via Sedo)
- Updated On 02/11/2010
- Author : Pradeep Kumar
- Topic : Technology
- Short URL : https://hellboundbloggers.com/?p=12924
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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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By Pradeep Kumar
CEO and Founder of Slashsquare, Indian Blog Network and Web Consulting Media. HBB is a part of Slashsquare Network. I'm a Tech Blogger, Striving Entrepreneur, Atheist, and Proud Indian. Catch me on Facebook and Twitter.
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eddie@logo
I think logo.com must of worked awfully hard to get to were they are.
Tej Kohli
Such a great news , I guesss , Single Word Domain always much costly
Iphone 4 Jailbreak
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 🙂
Iphone 4 Jailbreak
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
Tej kohli
Huge price but worth for such a nice domain name!!
Madav
Wow !!What a deal.There is still people who looking for quality domain names.
Anyway thanks for the info
wordgeist
wow, I wonder if still shopping for more domains so i can make some money 🙂
Luis
I can totally sell one of my domains for that amount of money
ashwin
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%.
Jasmine
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? 🙂
Mrinmay Bhattacharjee
That’s a Whooping Deal Man!!! I am very much surprised!
Mani Viswanathan
Freakingly high price 😛 Seriously.
Crunchynow
wow….thats a huge amount…
cool article…..
Anup @ Hack Tutors
Will you post about my blog if I sold my blog to other? lol 😛
Abhimanyu
I totally agree with Jose as the value of good domains in highly appreciated these days.
@ Pradeep: Your blog is so cool. Nice. 🙂
Rohit | Ipod Touch 4G
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…:)
Zazen
That’s a money I would like to earn for a life time. If only I was born 10 years ago. 🙁
Designer's Digest
The price Very good domain name. They can easily beat 2,520,000,000 competitors.
Jose Tinto
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
Andreas@Linknami
The 500k investment should be easily returned within a few years with offering design services and maybe a subscription based program.
ajeet
thats a huge amount… 😮