December 1, 1999: Business.com Most Expensive Domain Name

Business.com Logo

1999 - It was the most expensive internet domain name. Business.com was first bought in 1997 for $150,000 by Marc Ostrofsky. You might think that is pretty expensive, but economically, it was a great deal. On 12/01/99, Buisness.com was sold to Jake Winebaum for $7.5 million. At that point, buisness.com was officially founded.Jake was a chairman of the Walt Disney Internet group.This domain barely made it through the dot com bubble. They went through 2007 when R.H. Donnelley Corporation acquired the site for $345 million. R.H. Donnelley filed for bankruptcy in June 2009.

This Day in Tech History podcast show notes for December 1

• AbiWord word Processor
• Lycos gives “Make love not spam” screensaver
• FidoNet and their motion to have IFNA take control