04
Aug
09

Mark Madsen, Would-Be Internet Mogul


marksits_16Professional towel-waver, bench-warmer and occasional basketball player, Mark Madsen has a lot of free time on his hands. Especially when he doesn’t have to worry about playing in those pesky NBA games and so he has taken the opportunity to become something of an Internet entrepreneur by buying up various domain names.

For instance, he recently purchased the domain name P2P.com on eBay for $111,000. Unfortunately, it turns out the person he bought the domain from DIDN’T ACTUALLY OWN IT. OOOPS!

Using his eBay name thecollins2 and his self-started company, Woodside Technology Group, Madsen has bought and sold a number of domains, even getting involved on a message-board where domain name investors congregate. In July, 2006 he sold internetdating.com, as well as trying to sell FreeCreditChecks.com, carbohydrates.com and CaliforniaDUILawyers.com. Last year, he waded deep into the world of Canadian domain registration, with such winners as chocolatecandy.ca, accordians.ca, schooners.ca and, obviously, menstrualperiods.ca, reaping $21,000 from the sales.

[Fanhouse]

Weird.


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