Wednesday, December 18

Entrepreneur buys more than 200 LI domain names and websites

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Andrew Hazen has acquired domain names and websites including LongIsland.com, LongIslandWineries.com and LongIslandCateringHalls.com, LongIslandPrivateSchools.com, LongIslandCountryClubs.com, StonyBrook.com, LIweather.com, VisitLI.com, etc.

Andrew Hazen, speaking here at NamesCon, says buying the 200-plus domain names is like buying digital real estate.

A Long Island serial entrepreneur has acquired more than 200 Long Island-focused internet domain names and websites such as LongIsland.com, LongIslandWineries.com and LongIslandZipCodes.com.

Andrew Hazen, who is chief executive of several companies and organizations including Angel Dough Ventures, an angel investor group, and BobbleBoss, a custom bobblehead maker, closed on the purchase of the domain names and accompanying marketing business, Long Island Media, last week.

“The portfolio of 200-plus domain names are comparable to real estate. This is digital real estate,” Hazen said. “I am looking to add content and develop more than just written content.”

Hazen declined to say how much he paid for the portfolio of domain names and active websites. Commack-based internet marketing company InternetPoint.com had purchased the domain name LongIsland.com in 2010 for $370,000 in an online auction.

Hazen, an online marketer, said he bid on LongIsland.com at that time.

“I bid $250,000 10 years ago and it definitely cost me a lot more now than if I had bought it back then,” he said. The site attracts more than 5 million unique online visitors each year, Hazen said.

 

Source: Newsday


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