Once upon a time, two Internet entrepreneurs were partying like it was 1999....well, that's because it was 1999.
(I remember when I used to listen to that Prince song in 1984, and think to myself, wow, 1999 seems sooo far away. Now I look back and think, wow, 1999 seems sooo long ago.)
And these two Internet entrepreneurs were almost laughed off the front page of the Industry Standard (that seems so 1999, too, huh?) when they bought the domain name business.com for $7.5M
I guess they'll soon be laughing all the way to the domain registrar bank, as word on the b'sphere is that the business.com name and business is going up for auction, and is expected to fetch upwards of $300M.
I was dreamin' when I wrote this
Forgive me if it goes astray.
But when I woke up this mornin'
Coulda sworn it was judgment day.
The sky was all purple
There were people runnin' everywhere
Tryin' 2 run from the destruction
U know I didn't even care.
Wow. Talk about a dot com hangover.
I hope Jake and Sky think about throwing one heck of a party.
To my mind, this just once again proves brand trumps reason or logic every time, and on the Intertubes, brand means name.
If it were to sell for $400M, that would be an estimated 53-to-1 ROI.
Not bad work if you can get it.
This makes me think more seriously about buying my own "GrandCentral" number.
GrandCentral is a beta company that positions itself as "the new way to use your phones."
All you need to know is this: One number...for life.
You use that one number to route all your other calls via GrandCentral's Web-based interface.
For life, huh? Would that be my life or GrandCentral's?
They're funded by Halsey Minor's "Minor Ventures," so they must have a little bit of money on their company calling card.
I just hope they have enough left in the bank for me to get a reservation at Limelight:
'Cuz they say two thousand zero zero party over
Oops out of time
So tonight I'm gonna party like it's 1999.