Midnight musings… May 6, 2008
Posted by unemployedalcoholic in Business, Domains, internet.trackback
The recent sale of pizza.com got me thinking… what really makes this particular domain name so valuable… or, at least, what makes it so valuable to SOMEONE. Sure, pizza is a type of food, and yes it is pretty popular in some parts of the world. However, it is only a single type of food (consider the many other things you could be consuming for basic sustenance), and it is considered a luxury, not a necessity food type in most parts of the world, is it? Surely it can’t be nearly as valuable as an item irreplaceable for human existance, such as “water.com” for example… It’s not an inherent part of most people’s every day lives… such as “business.com” or “jobs.com” It’s not something that is clearly essential for survival… and I’d say that when seeing a piece of pizza, most people can really take it or leave it if they wish… So then really, why is pizza.com worth 2.6M USD today?
What are your thoughts?
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