Ad.com Sells For $1.4 Million

Leena Rao

Leena Rao is currently a Senior Editor for TechCrunch. She recently finished graduate school at the Medill School of Journalism at Northwestern University, where she studied business journalism and videography. From 2004 to 2007, she helped lead Congresswoman Carloyn Maloney’s community outreach and relations efforts in New York City. She graduated from Columbia University in 2003, where she was... → Learn More

Thursday, April 30th, 2009

The domain Ad.com sold for $1.4 million yesterday at domain name registration company Moniker’s TRAFFIC conference in Silicon Valley. The winning bidder was Divyank Turakhia of Directi.com and CEO of Skenzo, a domain parking company.

Moniker made more than $2 million in domain names at the TRAFFIC auction, with Ad.com taking the highest bid. Bottledwater.com took the no. 2 spot at $45,000 and Athletic.com received the third highest amount, selling for $40,000.

$1.4 million may sound like a lot to spend on a domain, especially given the current state of the economy. But Ad.com is a two-letter domain that is easily pronouncable and actually means something, so it’s definitely valuable in the domain market. And a recession doesn’t seem to be stopping companies from spending the big bucks for desirable domain names so Turakhia may be able to flip Ad.com for a profit. Travelzoo bought Fly.com for $1.8 million in January. Vibrators.com was sold for $1 million a back in November and A&T’s YellowPages.com paid $3.85 million for YP.com in December.

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