Sex.com Curse?
Posted October 27th, 2010
The infamous and ever popular domain Sex.com has sold yet again. This time, the domain that spurred the big money domain business and warranted it’s own book commanded $13 million.
Sex.com which last changed hands from Gary Kremen to Escom LLC in 2006 for $12 million was put on the auction block due to the bankruptcy of Escom LLC. The sale was brokered by Sedo.com and the new “owner” of the domain is Clover Holdings LTD.
Despite what may outwardly seem to be the easiest domain to monetize of all time, the apparent reason for Escom LLC’s bankruptcy lies in the company’s inability to make the domain “sufficiently profitable”. Perhaps Clover Holdings LTD will have better luck.
The eyes of the industry remain unwavering on Sex.com. Time will tell whether new owners can reinvent the domain or if it is destined to become the urban legend of the domain industry.
For more information on the most recent sale of Sex.com, click HERE and HERE.
Tags: Clover Holdings LTD, ESCOM LLC, Gary Kremen, sex.com
Posted in Auctions, Domain Sales and Auctions, Know Your Domains by Kelly Hardy
