Jon Yau bought the domain name stockphoto.com via auction site Flippa for $250,000 and launched the site in September. Flippa has now run a guest post by Jon where he explains his plans for the site.
….’This is crazy. $250,000 for a domain name? It’s been fun (and a little unnerving) reading the discussions on some of the web marketing forums, but the jury is still out. The website only launched in September and we need more time and analytics data. We’ve been cashflow-positive each month of our existence but I don’t want to get too far ahead of myself’….
Q. What are we going to sell?
A. Stock photos, of course. It might be a little silly to sell anything else. We’re going to sell what our competitors sell.
Read the full post here Flippa.com