Pseudonymous domain investor responds to lawsuit alleging he duped broker out of $250,000. In June, domain brokerage VPN.com filed a lawsuit (pdf) after it was duped into sending $250,000 worth of bitcoin (at the time, now worth less) in a domain ... Continue Reading3 Comments
The value of a category killer domain – DNW Podcast #176
· PodcastsAfter a major business setback, Michael Gargiulo spent close to $1 million to acquire VPN.com. Imagine creating a website that is generating $1,500-$2,000 a day and then getting hit with a lawsuit claiming trademark infringement and cybersquatting. ... Continue Reading15 Comments
VPN.com buyer wants to be the Hotels.com of VPN services
· Domain SalesBig domain name purchase is starting to pay off for VPN.com owner. Many entrepreneurs have a story of chasing down their dream domain name, but few fought as long as Michael Gargiulo. After four years of trying, Michael Gargiulo successfully ... Continue Reading5 Comments