That’s the headline of a recent article published by the International Herald Tribune and also run in the New York Times. The article discusses the growth of the domain industry and it’s maturity as venture capitalists and Wall Street investors have thrown their hats into the ring. It also captures that fact that domains are selling for large sums of money which makes the uneducated folk downright mad.

That’s because they missed the boat to the new world where there were millions of acres of land to be claimed and they are now watching that land be sold for tremendous profits. Some people also don’t understand that the internet is just like the real world and domains are like real estate. Most of the the good ones aren’t cheap anymore and people aren’t entitled to the free piece of land of their choice. Those who got in early and those that are well funded are now sitting on large high quality portfolios and making millions.

Read the article to understand what I’m talking about. http://www.iht.com/articles/2008/01/31/technology/domain.php

Most of you know I work for a major player in the domain industry and you will see the company mentioned in this article. Hint, it’s the one based in Waltham, MA that filed to go public on the NASDAQ last year. More on domains and my involvement to come.