rediff ILAND
Welcome Guest, | Create your own iLand| Sign In  | New User? Get Started
BLOGS
iLand
Blogs
Friends/Contributors
Guestbook  
 
Pankaj Sonkusre
Categories
Business
Sports
Cricket
Personal
Science
Hobbies
Pets
Fantasy
Mobile
Books
Travel
Movies
seo indore, seo...
My Top Posts
Changing our way...
Injury, illness ...
Operation ‘Get T...
How to make Laxm...
Favourites 8
Resignation style
Payroll Services
staffing Software
Pankaj Sonkusre
Indore
Personal Insurance
Business Consultants
Payson Hotel
What is an RSS feed?
RSS Feed 
sonkusre.rediffiland.com/  
Wednesday 20 August, 2008
 11:46 | 14/Mar/2008 |  0 Comment(s)
  Add Pankaj Sonkusre as Friend     Write to Pankaj Sonkusre     Forward this link
Fund.com Purchased for $10 Million

Touted as the biggest-ever domain name purchase, Fund.com is reported to have been purchased for $9,999,950 cash. Fund.com's new owner, Fund.com Inc., trades with the ticker FNDM.OB. Fidelity owns Funds.com.
SEC filings show That Fund.com Inc. (formerly Meade Technologies Inc) is a New York-based company that intends to operate an internet-based investment fund marketplace and online community at Fund.com. The site will cover various funds, including mutual funds, hedge funds, money market funds, exchange traded funds, closed-end funds, commodity funds and other types of pooled investment vehicles.

Sound familiar? Glad I have a 7-year head start on them. Looking through the filings and how they intend to make money, it will be interesting to see how much weight they place on editorial integrity.

 

Category: Business | Permalink