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$164 Million For Typo Squatters?

February 24th, 2005 · No Comments

From TechDirt:

This is scary if true, but Slashdot reports that an online marketing firm has paid $164 million for a typo squatting company that owns 100,000 domains chock full of advertising. Not only that, but the vast majority of the deal was in cash. The company in question registers tons of typo domains, generic domains and also snaps up domains that expire in the hopes of catching excess traffic. 1998 must be jealous. This is a bubble era style deal if there ever was one.

I highly doubt that $112,100 is the highest paid for a misspelled domain name. I'm sure there were much larger private deals during the bubble era. And we here at Kosmo should know as we were probably one of the largest recipients of misspelled domain traffic during the rise of the KoZmo. There is a reason www.kosmo.com still caters to people looking for KoZmo many years after their bubble burst.

For those of you that were living under a rock during the boom years and unfamiliar with Kozmo check out:

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