Domain Market Announces Sale of Super-Premium Political Domain Names As November Election Draws Near
Posted on: Tuesday, 15 April 2008, 12:00 CDT
The 2008 presidential election has generated a flurry of news and commentary, and, as has been the case in the last two elections, is sure to continue to generate interest beyond November. With more and more people turning to the web for their information, the value of targeted political domain names is at an all-time high.
Domain Market -- a WashingtonVC company possessing one of the premier domain asset portfolios in the world -- has today announced the inclusion of six highly-valued targeted political domain names into the Domain Roundtable conference's live auction to be held on April 21, 2008 in San Francisco, CA. The domains are: presidentialcampaign.com, presidentialdebates.com, presidentialprimaries.com, presidentialrace.com, presidentialrace.org and presidentialaddress.com.
Generic domain names, like those being offered by Domain Market, have seen prices skyrocket as the market's awareness of their value has escalated. In the past 6 months alone, there have been notable sales of such premium domain names as iReport.com to CNN for $750,000 in January, Fund.com for $10 million, DataRecovery.com for $1.7 million, SkiResorts.com for $850,000, and Pizza.com for $2.6m dollars.
WashingtonVC Chairman Mike Mann believes that this opportunity is indicative of the greater market trend towards wrapping business models around prime Internet real estate:
"Media companies are increasingly looking for opportunities to drive their audience to destination sites with highly focused content, particularly during major events such as elections," says WashingtonVC Chairman Mike Mann, who believes that this opportunity is indicative of the greater market trend towards wrapping business models around prime Internet real estate. "Whoever owns these domain names will have significant influence over the US political process on the Internet forever."
Interested parties have the ability to attend the auction live or participate from anywhere in the world via computer to bid in the auction in real time. Auction registration can be completed through Domain Roundtable's website, http://www.domainroundtable.com. For additional information or to request an interview, please visit WashingtonVC at http://www.washingtonvc.com or by email at media@washingtonvc.com.
About WashingtonVC
WashingtonVC is an early stage fund and incubator that grows companies through the exchange of complementary technologies and marketing services. Our portfolio of interlocking companies share resources, talent and technology to deliver innovative products and services across a broad range of industries.
Our investment focus is in online media and marketing, software technologies, telecommunications services, domain name services and consumer Internet services. We seek out and fund world-class teams and products with the potential to be leaders in their markets, and back their companies with premium, highly relevant Internet domain names (i.e. phone.com, software.com).
A significant percentage of our investment returns go toward supporting and financing our nonprofit organizations, Grassroots.org and MakeChange! Trust.
Contact: Rana Sobhany WashingtonVC Phone: (703) 203-2508 http://www.washingtonvc.comEmail Contact
SOURCE: WashingtonVC
Source: MARKET WIRE
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