Bids For Social.com Domain Start At $5 Million. You Could Have Bought It For $50,000

[PeterMan]

Bids For Social.com Domain Start At $5 Million. You Could Have Bought It For $50,000

How much is the domain Social.com worth? We are about to find out. The domain will be auctioned off on June 8 at DOMAINfest Barcelona with an opening bid of $5 million, according to Moniker. Moniker and SnapNames will be jointly selling the domain on behalf of Scott Carter, the original owner who first registered the domain back in January, 1995. Back then, he had to pay $100 a year to Network Solutions and all the paperwork had to go through the mail.

http://techcrunch.com/2011/06/01/social-5-million/