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-0.000974342318934756 -0.000974342318934756 0.000324780772978175 0.00162390386489111 0.00941214680090937 0.0172133809678466 0.0159142578759337 0.013640792465086
Stock impact report

Domains, The Rise Of A New Asset Class [Forbes]

Lyft, Inc. - Class A (LYFT) 
Last lyft, inc. - class a earnings: 2/11 04:05 pm Check Earnings Report
Company Research Source: Forbes
From the $8M+ acquisition of Gold.com to the $15.5M buying price reveal of chat.com , several high-profile sales have drawn attention to the world of domain investing recently. When Dharmesh Shah, co-founder and CTO of HubSpot, sold chat.com, he stated in a tweet that while he doesn't usually sell domains when he does “it's almost never at a loss”. While profit isn't Shah's primary intention, the quick sale of chat.com — he bought and sold it within the space of 18 months — represents a particularly speedy realization of a multimillion-dollar investment. His comments on the sale came as no surprise to those in the industry. Domain names are valuable digital assets that tend to appreciate as time goes on. Most entrepreneurs and many organizations own a small portfolio of domain names. Business intelligence and cloud-based services provider MicroStrategy, for example, owns over 2000 domains , and treats them as functional business assets for its many projects as well as investmen Show less Read more
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