Not a bad piece of business.
The co-owner of Blue String Ventures, a Las Vegas-based company tells Yahoo Finance that it has sold the domain name Ebola.com for $200,000 to a marijuana company called Weed Growth Fund.
Sold to Weed Growth Fund. Okay... good. What else do we know?
Ebola.com is not the only disease-related site owned by Blue String Ventures. The company also owns the domain names birdflu.com and H1N1.com, but Hood points out that the company does not only focus on domains which refer to disease and tragedy. The company has sold various domain names for prices ranging from a few thousand to millions of dollars, he says.
Hood rejects the comparison of his company’s money-making pursuits to that of a weapons manufacturer. “This is our business model… it’s no different than buying a piece of real estate that we hope will appreciate. The fact that we have a handful of domain names that are about unpleasant topics doesn’t really qualify us as being in the business of trying to capitalize on any kind of tragedy.”
Thoughts?
Occaecati voluptates aliquam quisquam laborum officiis labore. Inventore ipsum veniam sunt et et repellat. Dolore dolorem qui soluta quia eveniet facere dolores.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...