Another Domain Millionaire

May 7, 2007 at 10:11 pm Leave a comment

The value of Sahar’s holdings took a huge jump with the start of the new millennium as new domain monetization options were unveiled. “We found out about the PPC business with a small company called 7search and were with them for about one year,” Sahar said. “Then one day we got an email for a domain we owned from Dean Shannon of Dean wanted to buy the domain and while chatting, we told him we owned these other high traffic domains. We worked out a deal over email to test all our names for one week for a flat fee and right after that, Dean gave us a deal of a lifetime, a flat fee for a year.”

“The next major development involved a domain we bought for $12 in mid-2000 on the drop, a name that had no meaning at the time. However, it started to generate traffic and revenues very quickly because it became a word/phrase that was seen, discussed or talked about nearly everywhere (we know the name, which is now a common computer related term, but Sarid did not want to publicize it). In 2003 we signed a contract to lease the domain for 30 days for $3,000 with option to sell for $60,000 at the end of the lease. At the end of lease, the lessee said his maximum offer was $30,000. We declined. Two years later this domain was generating $3,000 a day on PPC.”

Sahar credits Richard Lau for helping him make the next big leap forward. We were big fans of and it was very hard to get me to even try someone else,” Sahar said. “I truly love the people at Fabulous, but Richard talked us into trying with a few domains and the revenue difference was substantial. We moved our entire portfolio within a month. 



Entry filed under: Internet Startup.

How to make money without really trying = $100,000 a Year

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

Trackback this post  |  Subscribe to the comments via RSS Feed

About Biz News

My Name is Bisi and this is my blog This blog features stories that I have read that I think are interesting . I usually bookmark the stories that I find interesting but they are getting too many . I have decided to catalog and share them on this site . I am not really promoting the site so you might have accidentally stumbled on it . Thanks for visiting .
May 2007
« Apr   Jun »

Blog Stats

  • 164,461 hits


%d bloggers like this: