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SEO Worth $5 Million?

By: Andy Beal

Dont panic, the bottom didnt just fall out of the search engine optimization industry, its still very much healthy.

In fact, as DotSauce is reporting that the domain name just sold for $5 million!!!
Mike Mann is a prominent internet entrepreneur who sold BuyDomains company a few years ago for more than $65 million. His latest tech venture is just that, a venture capital firm based in Washington D.C. which goes by the name of WashingtonVC.

Yesterday Mann announced the purchase of by WashingtonVC for $5 million as well as the formation of an SEO firm led by Dave Bascom. The company is formerly known as Web Targeted, search engine optimization company located in Utah. Jay mentions this new domain will give them a huge advantage over the fierce competition of Search Engine Optimizers.
What do you think, worth the price? I know that will likely bring immediate brand recognition, but its not going to guarantee theyll be sitting on the top of Googles results (Wikipedia will see to that). ;-)



View All Articles by Andy Beal

About the Author:
Andy Beal is an internet marketing consultant and considered one of the world's most respected and interactive search engine marketing experts. Andy has worked with many Fortune 1000 companies such as Motorola, CitiFinancial, Lowes, Alaska Air, DeWALT, NBC and Experian.

You can read his internet marketing blog at Marketing Pilgrim and reach him at [email protected].

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