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LocalSearch.com sells for $3.3 Million!

domain and unspecified stake in company

     
10:57 pm on Sep 13, 2007 (gmt 0)

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Unbelievable...

LocalSearch.com has just been sold for a 7 figure sum. I considered buying the domain a year before it was actually registered (before Local Search was the accepted term). It was available and, like a fool, I didn't register it.

The sale does also include an unspecified stake in the American Towns Network.

I'm off to bang my head against a wall... repeatedly

2:47 am on Sept 20, 2007 (gmt 0)

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Timing is everything my friend;)
4:21 pm on Sept 20, 2007 (gmt 0)

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I believe it was 20%.

I'm quite sure most of the value came from the company, not the domain.

Local.com went for $700k a few years. On top of that, LocalSearch.com gets *VERY* little organic traffic.

Mis-leading headline.