Finance your Domain Name!
By Anthony Longo 30 01 2007
Yes, I guess this is a week of leverage for me. Earlier I was writing about how to finance your furniture…now, finance your domain name. Just leverage your lifestyle :) (j/k)
I made a personal acquistion today on a new domain name in which I believe it is valuable and hopefully in the future will plan to do something with. Upon purcasing this domain which was owened by a domain house (firm that buys domains then charges 3000% markup) and during my transaction they asked me if I wanted to finance this investment…pretty neat, right? I didn’t know you could do this…but there is a company out there called Domain Capital. They have done some pretty big deals with some pretty big companies like CD.com and you can even refinance your domain like SanDiego.com did for $1,000,000.
“Domain Capital is the first and only financial services company to offer financing to businesses based on the inherent and recognized value of premium domain names. Our vision is to innovate exciting new financial products and services designed to enable entrepreneurs to exploit new business models.”
I opted to empty my bank account and I didn’t take the finance plan…however I thought it was Condo Blog worthy and would share with you.
What’s the domain name?
don’t tell me it’s domaincondo.com???
and how much did you spend?
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Ha no…its not domaincondo…i think someone already owns that and operates a domain registry.
We will disclose in the upcoming months
Oh, the suspense…
To go to a domain broker to get a name…must be a good one!!! can’t wait to see it