Sunday, August 9, 2009

Candy.com sold for $3 Million

This is sort of a dental post- we all love candy-more interesting is a look at the marketplace where domains are bought and sold. The big winner this year was toys.com which sold for over $5 million to ToysRUs. This one was purchased by a couple of cousins, age 23 and 31 who live near me ( I don't know them...yet). They actually have a company http://www.melvillecandycompany.com/ but hope to expand their sphere of influence and their pocketbooks with this one. Hey- if they invested that 3 mil in the market they would have about $1.8 mil now so let it ride guys. A little insight is here: http://tinyurl.com/candyweb

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