There was an interesting blog about domain squatting that I read on politicsandtechnology.com called The folly of speculative domain squatting.
People just buy up domain names that they believe will be popular and then later on try to sell them for more on sites like ebay etc. Many times people don't turn huge profit buying this. So why would people want to do it? Does anyone have any ideas?
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I dunno.
ReplyDeleteIf they happen to get a big one they could be rolling in the dough. For instance, someone who bought "Target.com" thinking someone selling hunting supplies (or something along those lines) would want it, ended up selling it for quite a bit once Target the store wanted it.
Its like getting stock in a small business because it might take off. If it doesn't you try again, because it only takes one hit to make it big.
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