The Tale of GeorgeWBushLibrary.com and Why You Should Always Renew Your DomainsOnce
Posted on December 17th, 2008 by DotComMogul under domainsIf you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!
This past week a web development company, in charge of the George W Bush Library website, purchased the domain for the site for $35k. Yes, you read that right. $35,000. They actually OWNED the domain after purchasing it from a domain holding company, originally, for $3k.
Yuma Solutions let the domain expire and another company picked it up. They could have filed a lawsuit or at the least, filed a UDRP. But, they didn’t. They simply forked over $35k and purchased the domain back.
Maybe to them, the tale has a happy ending, but to many, that option is out of the question. So, let this be a simple lesson to you. If you want to make money online, you need the domain that brings your audience to their destination, and to do that, simply make sure you RENEW.
December 19th, 2008 at 3:28 am
hi Suzanne,
I thought you just gave me an idea to make an easy $35k, so I tried to register “barackhobamalibrary.com”, but someone has already taken it. The funny thing is, the first time I tried, I misspelled it with two “r”s, i.e. barrackhobamalibrary.com, and that is already registered too! The misspelled version! Wow. is everythingunderthesunn.com probably taken too?
~ Steve, the unlucky trade show guru
December 19th, 2008 at 11:29 pm
One of the craziest stories of the year without a doubt.
Mike
http://www.wannadevelop.com
December 28th, 2008 at 12:55 am
Well, when you use the office of President to get a ton of donates for favors, that small error probably only cost him a minor pardon or an industry specific taxbreak. Or a handshake and picture with a Saudi Prince (as Clinton’s records are showing now…)
December 29th, 2008 at 8:42 pm
ouch… 33k out the door >_<
-jack
January 1st, 2009 at 2:41 pm
Ha ha! This is pretty funny. I was just looking at the Yuma Solutions website, and they seem like a pretty good company, so it’s interesting they would slip up on something as simple as domain renewal. And it cost them $35,000! And they could have avoided paying for it by filing a suit? Crazy.