GoFuckYourself.com - Adult Webmaster Forum - Overstock buys O.co for $350K

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Overstock buys O.co for $350K

http://domainnamewire.com/2010/07/19...co-for-350000/

Quote:

Many visionary companies see the new .CO domains as an opportunity to extend their brand or expand their online offerings in a way that was not previously possible due to limited availability of .com domains. Recently, the e-commerce powerhouse Overstock.com announced it paid $350,000.00 USD to acquire ?O.CO? to target new audiences and expand its global brand.
?The O.CO domain presented us with an unprecedented opportunity to add a meaningful online presence that will enhance recognition for the ?O? brand, align with current marketing initiatives, and make it easier for shoppers to find our products and services online,? said Overstock.com Chairman and CEO Patrick Byrne. ?Dollar for dollar, it?s a homerun and well worth the investment because it reinforces among consumers that ?O? is synonymous with ?Overstock?.

I did not catch shit in general availability even though I had pre-ordered through 3 different registrars. :disgust

I figured the .CO would be a much bigger land grab that other TLD's.

Appears to be correct.

For those adult webmasters looking into diversifying, the .co domain landgrab seems like a good opportunity.

How much for sex.co ? :)

Waste of money but hey what do I know.

i really think it's waste, that domainers really know how to pull money form people :)

They'll probably get their worth out of it, but I doubt they really had to pay that much for it.

I bought realporn.co, can't hurt I guess

not understanding the sale.. i see tons of domains not registered i bid on, i got a couple, but seems like all the real good ones are in some mystery account... probalby to be exploited by the bullshit people running this fiasco. Should have been illegal to let multiple people register for the domain at the same registrar

There is also a few that godaddy won that are not in my account and I registered within the first few seconds of the pre-order taken place.. really fucking disgusted..

well now explains it.. on the 17th, they cancelled my orders by my request?!?!? wtf im about to have a stroke, what a scam

that is a crazy amount. icann must be loving this