How To Turn $60 Into $1000 In Three Months With Domain Names

Submitted by Dmitri Davydov on Sun, 2007-10-21 08:41.
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Here is an interesting story about 'renegade webopreneur' who turned sixty dollars into a thousand bucks as a 'domain profiteer' I just received via e-mail. Most likely, we'll see more and more stories like that. Here is why:

The smart investors with big money are now jumping into this market. You should know that Ross Perot's Perot Investments, Inc. and Howard Schultz's (Chairman of Starbucks Corp.) Maveron LLC have each invested millions of dollars into companies that are buying domain names today for income and future profit. You know these guys are not going to put millions of dollars at risk on a whim.

Richard Rosenblatt has created and sold $1.3 billion dollars of Internet companies including iMALL which he founded, ran and sold for $565 million, and MySpace which he turned around as Chairman and sold for $580 million. He's raised over $200 million to invest in his domain business.

With major players like Perot, Schultz and Rosenblatt writing multi-million dollar checks, you don't have to worry about this being some fly-by-night deal. We're talking about a serious - incredibly profitable business - that's exploding across the Internet. Just one portion (according to Red Herring magazine) has exploded from $400 million in 2006 to a projected $1 billion in 2007!

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