Color, that I’ve already written about, got $41M from investors recently: Color.com Was Acquired For $350,000 (The Domain Name, That Is)
That’s a truckload of money for a startup, and many wonderful things could be achieved with so much money.
They also bought the color.com domain for $350K.
“the company spent more money acquiring the domain name color.com than most startups will raise in their lifetime.”
“they also bought Colour.com, which means they probably spent close to $500,000 for the pair.”
True, and even with “only” $500K I could do a lot in terms of product and business development, including full commercialization, and using a domain name costing $10.