4 ms·

That's hilarious! In Web 1.0, people raised $7 million to buy a domain name. Needing $12.5 million to implement a Facebook login ($25/2 projects) is even more r

by GCA10 11y ago

That's hilarious! In Web 1.0, people raised $7 million to buy a domain name. Needing $12.5 million to implement a Facebook login ($25/2 projects) is even more ridiculous.

smt88 11y ago
Box paid 7 figures for the Box.com domain name, so I wouldn't say that raising money to buy domains is dead yet.
- billmalarky 11y ago
  Box bought box.com roughly 6 years after they launched, they were already wildly successful (as box.net).
  - blumkvist 11y ago
    Has box had a profitable quarter yet?
    - burger_moon 11y ago
      It doesn't look like it. https://www.google.com/finance?q=NYSE%3ABOX&fstype=ii&ei=IQpCVdnxFozrsQfT0YHwDw https://www.google.com/finance?q=NYSE%3ABOX&fstype=ii&ei=IQp...
    - anonbanker 11y ago
      has Amazon?
      - smt88 11y ago
        Amazon's first profitable quarter was in 2001: http://news.cnet.com/2100-1017-819688.html http://news.cnet.com/2100-1017-819688.html