It’s Raining Money For Premium Generic Domains…

Add Cloud.com to the growing list of generic domain name Internet based businesses that have sold for hundreds of millions of dollars. Citrix has purchased Cloud.com for a reported $200 – $250 million.

In spite of the economic doom and gloom many countries face and the threats of global recession, the parade of pure web-based businesses selling for hundreds of millions of dollars continues unabated.

 

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