At 10:33 PM 8/25/98 -0700, Cyberspace Publishing so eloquently stated:
>$85,000 for a small website in the US!!!!!!!
>
>If I was offered $8500 for a small website, I'd
>be tickled pink!
>
>Who's getting that kind of prices - nobody I
>know! Or, better yet, who's PAYING those
>kind of prices????
>
Oh yes. Folks are buying and selling at those prices. I was
quoted in an article earlier for the NY Law Journal about the
buying and selling of domain names, as we helped a couple of
clients do so. Domain names by themselves don't have as much a
value as a total business. But they are selling. I have a
client now who was offered $300k and $500k and turned down both
offers. He will take $1 million. The site generates $96k a year
in ad revenue and far more than that in new business. We have
another client who was just paid $600k for a site that has only
been up 10 weeks! Scripps Howard bought. We have another that
we are trying to sell for $300k and just started the process.
George
_______________________________________________________
George Matyjewicz, C.M.O. mailto:[EMAIL PROTECTED]
GAP Enterprises, Ltd. http://www.gapent.com/
Moderator of E-Tailer's Digest http://www.gapent.com/etailer/
Your Resource for Retail on the Net
Moderator E-Marketing Digest http://www.webbers.com/emark/
Marketing Your Web http://www.gapent.com/myweb/
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