After doing a little research I discovered that Color.com was acquired by Color Labs in December 2010 for $350,000. After hearing about the new photo sharing social network which raised $41 million dollars (pre-launch) from several venture capital firms (which is more than Google raised), I wondered how much of it they used to acquire the domain name Color.com. Well, it appears, not that much of the $41 million was spent on the domain.
If you look at the site DN Sale Price, you can see for yourself that the domain sold for 350k according to DN Journal (the source it lists). I’ve included a screenshot below.
There has been a lot of hype over the release of the .CO top level domain (TLD). In fact, according to a press release from today, these .CO domains are selling like crazy. But the real question remains, should you buy one? They cost $30/year – that is approximately $20 more per year then a .COM or .NET. I received an email today from someone wanting to know if he should buy a .CO instead of a .COM. I’ll post a transcript of the email below along with my response.
I was wondering which domain name is better .com or .co domains? what is the difference between these two domains? What do people in your community think? Will .co domains really change the .com domains?
Thanks for taking the time to read this and/or answer this question, maybe you can make a video about this subject.