I registered PalmSprings.com in 1995 only after trying to claim the domain name in 1994. After hearing President Bill Clinton in 1992 declare that the internet would be open to public as the super informational highway I decided to find a way to put my company called Powwow Productions on the the web. It took me longer than I had anticipated but in reality I was way ahead in the game. Powwow.com was my first domain name registration. I searched many other names in 1994 and most were available to register for free. It was a first come, first served basis. Since I felt I only needed the web address…
My brother and I purchased Nashville.com back in 2002 for six figures. We were able to pay off the initial sum within 3 years with one real estate advertiser who paid us $3,000 a month for exclusive usage of the vertical.