Venture Beat: Foodie.com Sells for $100k
There’s an interesting article on Venture Beat today discussing the recent sale of Foodie.com. According to the article writer’s sources, it was confirmed that “Glam Media CEO Samir Arora purchased the Foodie.com domain last week for over $100,000.”
I don’t know the article’s sources so I can’t say for certainty that the sale price is legit or factual, but it seems to be a good price for a very good domain name. The domain name appears to have been previously owned by publicly traded Marchex, and it appears to have been a part of the Ultimate Search portfolio it acquired several years ago.
As can be seen in the 1st quarter earnings report from Marchex, the company doesn’t appear to break out its domain sales individually. For this reason, unless someone from Glam goes on the record to confirm the purchase price, it may never be reported as factual.
Glam Media also owns several other descriptive domain names, and it apparently has a valuation of close to a billion dollars.
Thanks to David Bleaman for the tip.
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