Name of the Game: Domain ; Net Industry Likened to 'Wild West'

Summary


NEW YORK Inside a midtown hotel, Larry Fischer is on his cellphone with a financial backer as his partner Ari Goldberger does quick research on a laptop computer.

They are bidding furiously at this auction of Internet domain names with hopes of snagging megayachts.com. The duo won't be deterred. They want this name.

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Extract


Name of the Game: Domain ; Net Industry Likened to 'Wild West'

"$110,000, yes or no? Quick," Fischer barks at Eli, the investor at the end of the phone.

Someone else makes a bid for $120,000. Fischer and Goldberger up the ante,...

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