When Domain Names Sell For $7.5 Million… Watch Out

It seems like every few days now there’s some mainstream press article looking at whether there is or there is not a new internet bubble. We won’t come down on one side or the other, but will note one similarity. Following so much domain name speculating, comes the news that the domain name diamond.com has been sold for $7.5 million.

This is incredible, no way around it. Diamonds are expensive, and apparently so is the domain name. Since diamonds are forever though, maybe 7.5 Million will stretch a long way? Check out the full posting at TechDirt.