Wednesday 27 June 2007

HealthCare.com and Education.com

http://www.marketwatch.com/news/story/names-now-elusive-cash-some/story.aspx?guid=%7BF9C03C2F%2D15F1%2D4F9F%2DA791%2D8BB8851EFEB0%7D

SCOTT AUSTIN'S THE WEEK IN VENTURE CAPITAL

What's in a domain name?
Commentary: Web start-ups scraping bottom of brand barrel
By Scott Austin, Dow Jones

Last Update: 5:35 PM ET Jun 25, 2007
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Names that need no introduction

That makes all the more interesting last week's news about two reincarnated Web sites,
HealthCare.com and Education.com.
The companies formed around a domain name and secured venture capital,
a rare instance these days.
HealthCare.com announced Tuesday at the Dow Jones Healthcare Innovations Conference that it had raised $6.1 million in venture money to develop a Web platform for health information. Last year its founders purchased the valuable domain name, which had bounced around but never really been capitalized on.

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Scott Austin is an assistant managing editor at Dow Jones who oversees VentureWire,
a daily publication covering venture capital and start-up companies
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