The hidden world of domainers
John Chow examines the hidden world of Domainers, those that make their living through owning loads of domains and the income that they bring in:
Yun Ye is a ‘€œdomainer.’€? He is, in fact, the world’€™s most successful domainer, a pioneer in a highly lucrative industry based on buying, selling and developing domain names. Ye holds over 100,000 domain names that was making him more than $20 million a year in revenues – $19 million in profits. Ye sold his domain empire in November 2004 to publicly traded Seattle-based Marchex for, get this, $164 million. Since then, Ye has never been heard from again.
Matt Craven is the former editor & publisher of The Blog Herald. Currently, Matt is the co-founder of Bryghtpath LLC, a consulting practice located in Woodbury, Minnesota. Matt's presently looking for new blogging gigs. Ping him at matt (at) bryghtpath dot com. You can follow him on Twitter.