11 Dec '13, 10pm

From a $25K Domain Sale To $18 Million In Funding, One Of Our Domain Sales; Is On Fire

Techcrunch.com just covered Raise.com, a domain name that I sold at a live Moniker.com/TRAFFIC auction many years ago for $25,000. The company has gone from the $25K purchase to raising over $18 Million in VC money. “”Raise.com is one of the fastest-growing startups in the Chicago region. While we were able to reach founder George Bousis today to confirm the raise, the company prefers to keep a low profile when it comes to disclosing its funding details, and instead wants to focus only on growing its – what we hear to be – profitable business. Raise.com itself is a spinoff from Chicago-based CouponTrade , a couponing and deals site founded in 2010 by Bousis and co-founder Bradley Wasz. In February of this year, the gift card side of that business became what’s now known as Raise.com, a domain name it took the company months to secure. “It became a challenge from a consumer...

Full article: http://www.thedomains.com/2013/12/11/from-a-25k-domain-sa...

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