How Domain Names Work

“Is that hard to do?” Anita asked.

“The buying is easy, actually,” I replied. “The hard part is finding the domain name in the first place. A few years ago, domain names were hot properties that sometimes sold for astronomical amounts. In 1999, for example, the business.com domain sold for $7.5 million, a huge price by any measure.”

“Um, that's a bit out of my price range,” Claude said quietly.

“Yeah, especially when you're a poor college student,” Stef added.

“Don't worry,” I assured them. “The dot-com boom fueled an incredible frenzy for high-visibility domain names, but the frenzy died when the boom went bust. You can actually buy a domain name for less than $10 these days. The problem is finding a name that somebody ...

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