Montgomery County

Pizza.com Owner Earns $2.6 MM for $20 Investment & Fees

Gizmodo/BBC, April 5, 2008:

A 43-year-old man from Maryland has sold the domain name pizza.com for almost 10,000 times the price he paid for it. Chris Clark registered the name pizza.com in 1994 for just $20, and continued to pay the annual registration fee until January of this year, when he heard the domain name vodka.com had gone for a massive $3 million, and decided he wanted a slice of the pie.

I won't attempt to calculate the effective ROI on this one, but at any interest rate if you are spending less than $500 total and getting back over 2 million dollars, you are doing well.

(Very) Retail Booze in Montgomery County

On Saturday, I enjoyed a meal out in Olney with a friend and former professional colleague who, like me, is going through a difficult divorce. Over a meal of spicy eggplant with garlic sauce and a couple of Tsing Tao's, we joked and complained about, well, what you'd expect a couple of divorcing dads to joke and complain about. We decided that two Tsing Tao's was not enough, so we went to a private beer and wine store in Olney that also sold gourmet cheese. So we were on notice, I suppose.

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