WASHINGTON, DC -- 04/15/08 --
The 2008 presidential election has generated
a flurry of news and commentary, and, as has been the case in the last two
elections, is sure to continue to generate interest beyond November. With
more and more people turning to the web for their information, the value of
targeted political domain names is at an all-time high.
Domain Market -- a WashingtonVC company possessing one
of the premier domain asset portfolios in the world -- has today announced
the inclusion of six highly-valued targeted political domain names into the Domain
Roundtable conference's live auction to be held on April 21, 2008 in San
Francisco, CA. The domains are: presidentialcampaign.com,
presidentialdebates.com,
presidentialprimaries.com,
presidentialrace.com,
presidentialrace.org and
presidentialaddress.com.
Generic domain names, like those being offered by Domain Market, have seen
prices skyrocket as the market's awareness of their value has escalated. In
the past 6 months alone, there have been notable sales of such premium
domain names as iReport.com to CNN for $750,000 in January, Fund.com for
$10 million, DataRecovery.com for $1.7 million, SkiResorts.com for
$850,000, and Pizza.com for $2.6m dollars.
WashingtonVC Chairman Mike Mann
believes that this opportunity is indicative of the greater market trend
towards wrapping business models around prime Internet real estate:
"Media companies are increasingly looking for opportunities to drive their
audience to destination sites with highly focused content, particularly
during major events such as elections," says WashingtonVC Chairman Mike
Mann, who believes that this opportunity is indicative of the greater
market trend towards wrapping business models around prime Internet real
estate. "Whoever owns these domain names will have significant
influence over the US political process on the Internet forever."
Interested parties have the ability to attend the auction live or
participate from anywhere in the world via computer to bid in the auction
in real time. Auction registration can be completed through Domain
Roundtable's website, http://www.domainroundtable.com. For additional
information or to request an interview, please visit WashingtonVC at
http://www.washingtonvc.com or by email at media@washingtonvc.com.
About WashingtonVC
WashingtonVC is an early stage fund and incubator that grows companies
through the exchange of complementary technologies and marketing services.
Our portfolio of interlocking companies share resources, talent and
technology to deliver innovative products and services across a broad range
of industries.
Our investment focus is in online media and marketing, software
technologies, telecommunications services, domain name services and
consumer Internet services. We seek out and fund world-class teams and
products with the potential to be leaders in their markets, and back their
companies with premium, highly relevant Internet domain names (i.e.
phone.com, software.com).
A significant percentage of our investment returns go toward supporting and
financing our nonprofit organizations, Grassroots.org and MakeChange!
Trust.
Contact:
Rana Sobhany
WashingtonVC
Phone: (703) 203-2508
http://www.washingtonvc.com
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