Did John Reese pay $2.3 million for Income.com?
Hmmm. John Reese’s new venture, income.com, has been creating quite a buzz recently. That tends to happen when John Reese launches something new. 
But, I just found out that John (allegedly) paid $2.3 million for the domain name. Wow. That’s a whole lot of cash. I can’t be certain that John paid that amount for the domain because he hasn’t told me personally, but from comments at his blog, and this webpage we can see that the last bid was $2.3 million when the domain was auctioned in 2000.
Doing a little detective work, I’m not convinced (yet) that John bought the domain, or that he paid $2.3 million. For a start, the admin contact for the domain name is still “Choquette & Company Accounting Group Inc.” who I thought were the original owners. In addition, this page says that “Income.com is available for Sales, Lease or Partnership”. Of course, that page could be outdated. But, taken with the domain name admin details, it would lead me to believe that John has done a deal to use the domain without actually owning it.
All that’s hypothetical.
What I really want to know is, if income.com is worth $2.3 million, what’s the better domain name, incomemax.com worth? 
(yes, incomemax.com is my domain name)
June 14th, 2007 at 5:31 am
I would tend to think it is a rental/lease agreement.
June 14th, 2007 at 12:17 pm
And I would concur… based on the digging I’ve done. It could be a revenue share type of deal too.